CommVault Systems (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen Sells 486 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen sold 486 shares of CommVault Systems stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $142.80, for a total transaction of $69,400.80. Following the completion of the sale, the chief accounting officer owned 12,160 shares of the company’s stock, valued at approximately $1,736,448. This trade represents a 3.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Danielle Nicole Abrahamsen also recently made the following trade(s):

• On Tuesday, August 18th, Danielle Nicole Abrahamsen sold 391 shares of CommVault Systems stock. The stock was sold at an average price of $143.64, for a total value of $56,163.24.
• On Monday, August 17th, Danielle Nicole Abrahamsen sold 119 shares of CommVault Systems stock. The stock was sold at an average price of $143.98, for a total value of $17,133.62.
• On Thursday, July 2nd, Danielle Nicole Abrahamsen sold 254 shares of CommVault Systems stock. The shares were sold at an average price of $150.00, for a total transaction of $38,100.00.
• On Tuesday, May 26th, Danielle Nicole Abrahamsen sold 277 shares of CommVault Systems stock. The shares were sold at an average price of $106.70, for a total value of $29,555.90.
• On Friday, May 22nd, Danielle Nicole Abrahamsen sold 101 shares of CommVault Systems stock. The shares were sold at an average price of $107.39, for a total value of $10,846.39.

CommVault Systems Stock Down 3.8%

CommVault Systems stock opened at $137.32 on Thursday. The company has a 50-day simple moving average of $138.40 and a 200-day simple moving average of $108.99. The firm has a market capitalization of $5.69 billion, a P/E ratio of 87.46 and a beta of 0.81. The company has a debt-to-equity ratio of 16.94, a quick ratio of 2.04 and a current ratio of 2.04. CommVault Systems, Inc. has a one year low of $71.75 and a one year high of $198.18.

CommVault Systems (NASDAQ:CVLT) last announced its earnings results on Tuesday, July 28th. The software maker reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.26. CommVault Systems had a return on equity of 88.75% and a net margin of 5.62%.The firm had revenue of $314.13 million for the quarter, compared to the consensus estimate of $310.43 million. During the same quarter in the previous year, the business earned $1.01 EPS. The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. As a group, equities analysts expect that CommVault Systems, Inc. will post 2.84 earnings per share for the current year.

Trending Headlines about CommVault Systems

Here are the key news stories impacting CommVault Systems this week:

• Positive Sentiment: Analysts assigned Commvault a consensus rating of “Moderate Buy,” providing support for the stock despite its elevated valuation and recent trading below its 50-day moving average. CommVault Systems Given Consensus Rating of Moderate Buy by Analysts
• Positive Sentiment: Commvault expanded its Cloud Rewind product to cover more Microsoft Azure resources, improving configuration protection and recovery for cloud-native and AI-driven applications after cyberattacks or outages. The move reinforces the company’s cloud-resilience and cybersecurity positioning, though the release did not disclose financial guidance or new contract values. Commvault Advances AI and Cloud Application Resilience with Expanded Cloud Rewind Coverage
• Neutral Sentiment: CEO Sanjay Mirchandani, CFO Gary Merrill and Chief Accounting Officer Danielle Abrahamsen collectively sold roughly 28,277 shares worth about $4.1 million between August 17 and August 19. All reported transactions were executed under Rule 10b5-1 plans and were specifically intended to cover tax withholding tied to vested equity awards. The sales can create short-term sentiment pressure, but their planned, tax-related nature makes them a weaker bearish signal. Commvault CFO Gary Merrill Reports Two Common Stock Sales Commvault CFO Danielle Abrahamsen Executes Three Stock Sales
• Negative Sentiment: Bernstein Liebhard announced an investigation into potential fiduciary-duty breaches by Commvault directors and officers. The announcement does not establish wrongdoing, but it introduces legal and governance uncertainty that may weigh on investor sentiment. Commvault Shareholder Investigation Alert

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of CommVault Systems during the second quarter valued at about $855,420,000. Vanguard Group Inc. increased its stake in CommVault Systems by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 5,675,590 shares of the software maker’s stock valued at $711,492,000 after acquiring an additional 240,093 shares during the period. First Trust Advisors LP raised its holdings in CommVault Systems by 25.5% in the 4th quarter. First Trust Advisors LP now owns 1,537,034 shares of the software maker’s stock valued at $192,683,000 after acquiring an additional 312,178 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in CommVault Systems by 36.2% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker’s stock valued at $96,447,000 after acquiring an additional 329,243 shares in the last quarter. Finally, Westfield Capital Management Co. LP lifted its position in shares of CommVault Systems by 34.5% in the 4th quarter. Westfield Capital Management Co. LP now owns 1,057,077 shares of the software maker’s stock worth $132,515,000 after acquiring an additional 270,902 shares during the period. Institutional investors and hedge funds own 93.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CVLT shares. Stephens lifted their target price on shares of CommVault Systems from $135.00 to $155.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 16th. KeyCorp lifted their price objective on shares of CommVault Systems from $125.00 to $175.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Truist Financial boosted their target price on shares of CommVault Systems from $155.00 to $182.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Weiss Ratings upgraded CommVault Systems from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, June 16th. Finally, Piper Sandler lowered CommVault Systems from an “overweight” rating to a “neutral” rating and set a $133.00 target price for the company. in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, CommVault Systems has a consensus rating of “Moderate Buy” and an average price target of $152.47.

About CommVault Systems

Commvault Systems, Inc is a global provider of data protection and information management software designed to help organizations manage, protect, and activate data across on-premises and cloud environments. Founded in 1996 and headquartered in Tinton Falls, New Jersey, Commvault offers a suite of integrated products and services that enable enterprises to back up, recover, archive, and analyze data. Its flagship solutions include Commvault Complete Data Protection, Commvault HyperScale, and the SaaS-based Metallic portfolio, which deliver scalable and automated data management capabilities across hybrid infrastructure environments.

Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.