CommVault Systems (NASDAQ:CVLT) CFO Jennifer Leigh Dirico Sells 11,151 Shares

CommVault Systems, Inc. (NASDAQ:CVLT) CFO Jennifer Leigh Dirico sold 11,151 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $178.03, for a total transaction of $1,985,212.53. Following the completion of the sale, the chief financial officer directly owned 60,052 shares of the company’s stock, valued at approximately $10,691,057.56. This trade represents a 15.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

CommVault Systems Price Performance

Shares of NASDAQ CVLT opened at $181.04 on Friday. The firm has a fifty day moving average price of $176.86 and a 200-day moving average price of $171.35. The stock has a market cap of $8.05 billion, a PE ratio of 100.58 and a beta of 0.70. CommVault Systems, Inc. has a 1 year low of $128.07 and a 1 year high of $200.68.

CommVault Systems (NASDAQ:CVLT) last announced its quarterly earnings data on Tuesday, July 29th. The software maker reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. The firm had revenue of $281.98 million during the quarter, compared to analysts’ expectations of $267.83 million. CommVault Systems had a net margin of 7.70% and a return on equity of 30.83%. CommVault Systems’s revenue for the quarter was up 26% on a year-over-year basis. CommVault Systems has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, research analysts expect that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Hedge Funds Weigh In On CommVault Systems

Institutional investors and hedge funds have recently made changes to their positions in the business. Quarry LP grew its stake in shares of CommVault Systems by 888.2% in the 4th quarter. Quarry LP now owns 168 shares of the software maker’s stock worth $25,000 after buying an additional 151 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in shares of CommVault Systems by 101.3% in the 1st quarter. SBI Securities Co. Ltd. now owns 159 shares of the software maker’s stock worth $25,000 after buying an additional 80 shares in the last quarter. Whipplewood Advisors LLC grew its stake in shares of CommVault Systems by 584.0% in the 1st quarter. Whipplewood Advisors LLC now owns 171 shares of the software maker’s stock worth $27,000 after buying an additional 146 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of CommVault Systems in the 1st quarter worth $27,000. Finally, Brooklyn Investment Group grew its stake in shares of CommVault Systems by 8,550.0% in the 1st quarter. Brooklyn Investment Group now owns 173 shares of the software maker’s stock worth $27,000 after buying an additional 171 shares in the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CVLT. KeyCorp raised their target price on shares of CommVault Systems from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. Royal Bank Of Canada raised their target price on shares of CommVault Systems from $185.00 to $217.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 30th. DA Davidson raised their target price on shares of CommVault Systems from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, July 30th. Oppenheimer raised their target price on shares of CommVault Systems from $180.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, April 30th. Finally, Wells Fargo & Company raised their target price on shares of CommVault Systems from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, July 30th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CommVault Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.63.

About CommVault Systems

Commvault Systems, Inc provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.