Insider Selling: CommVault Systems (NASDAQ:CVLT) CFO Sells 3,777 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CFO Gary Merrill sold 3,777 shares of CommVault Systems stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $107.39, for a total value of $405,612.03. Following the transaction, the chief financial officer owned 77,329 shares in the company, valued at approximately $8,304,361.31. This trade represents a 4.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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.

Gary Merrill also recently made the following trade(s):

• On Tuesday, May 26th, Gary Merrill sold 4,554 shares of CommVault Systems stock. The shares were sold at an average price of $106.70, for a total value of $485,911.80.
• On Tuesday, May 19th, Gary Merrill sold 4,560 shares of CommVault Systems stock. The shares were sold at an average price of $105.10, for a total value of $479,256.00.
• On Monday, May 18th, Gary Merrill sold 3,098 shares of CommVault Systems stock. The stock was sold at an average price of $104.54, for a total value of $323,864.92.

CommVault Systems Price Performance

CommVault Systems stock traded up $0.84 during midday trading on Tuesday, hitting $108.09. The company’s stock had a trading volume of 394,000 shares, compared to its average volume of 1,037,406. CommVault Systems, Inc. has a 12 month low of $71.75 and a 12 month high of $200.68. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 117.54. The company has a market capitalization of $4.46 billion, a PE ratio of 67.98 and a beta of 0.77. The stock’s 50-day moving average price is $90.96 and its 200-day moving average price is $103.79.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.19. The company had revenue of $311.69 million during the quarter, compared to analyst estimates of $306.71 million. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.03 EPS. Analysts anticipate that CommVault Systems, Inc. will post 2.86 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on CVLT shares. Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Wells Fargo & Company reduced their price objective on CommVault Systems from $190.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. Guggenheim decreased their target price on CommVault Systems from $200.00 to $175.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Robert W. Baird reduced their target price on CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Finally, William Blair reiterated a “market perform” rating on shares of CommVault Systems in a research report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.

Hedge Funds Weigh In On CommVault Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of Wyoming acquired a new stake in CommVault Systems during the 2nd quarter valued at $35,000. FNY Investment Advisers LLC purchased a new stake in shares of CommVault Systems in the fourth quarter valued at $36,000. Essential Partners LLC boosted its position in shares of CommVault Systems by 9,920.0% in the first quarter. Essential Partners LLC now owns 501 shares of the software maker’s stock worth $39,000 after buying an additional 496 shares during the period. Banque Cantonale Vaudoise purchased a new position in shares of CommVault Systems during the third quarter valued at $39,000. Finally, Assetmark Inc. grew its holdings in shares of CommVault Systems by 33.6% during the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after buying an additional 82 shares in the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

CommVault Systems News Roundup

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

• Positive Sentiment: Commvault announced it will present at the William Blair Growth Conference on June 2, which may help keep investor interest on the stock and provide a platform for management to reinforce its growth outlook. Commvault to Present at the William Blair Growth Conference
• Neutral Sentiment: Multiple law firms are reminding investors of the July 17 deadline to seek lead-plaintiff status in the class-action case, which keeps the lawsuit in the headlines but does not add new business fundamentals. Deadline Approaching: Commvault Systems Inc. (CVLT) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
• Neutral Sentiment: Other firms also issued similar investor alerts and lawsuit notices, signaling broader legal scrutiny around Commvault’s prior disclosures and the January stock selloff. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Commvault Systems, Inc. of Class Action Lawsuit and Upcoming Deadlines – CVLT
• Negative Sentiment: The class-action lawsuit alleges Commvault misled investors about ARR growth issues, following a 31% share-price drop after the company’s Q3 2026 results missed key expectations. That legal overhang is likely the main pressure point on the stock today. CVLT Court Notification: Commvault ARR Growth Issues and Corresponding 31% Stock Drop Trigger Shareholder Class Action for Securities Fraud

CommVault Systems Company Profile

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.