CommVault Systems, Inc. (NASDAQ:CVLT – Get Free Report) CAO Danielle Nicole Abrahamsen sold 365 shares of CommVault Systems stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $99.13, for a total value of $36,182.45. Following the sale, the chief accounting officer owned 13,216 shares of the company’s stock, valued at approximately $1,310,102.08. This trade represents a 2.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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.
Danielle Nicole Abrahamsen also recently made the following trade(s):
- On Tuesday, May 19th, Danielle Nicole Abrahamsen sold 1,065 shares of CommVault Systems stock. The stock was sold at an average price of $105.84, for a total value of $112,719.60.
- On Monday, May 18th, Danielle Nicole Abrahamsen sold 925 shares of CommVault Systems stock. The stock was sold at an average price of $104.52, for a total value of $96,681.00.
CommVault Systems Stock Up 1.2%
NASDAQ:CVLT opened at $107.25 on Friday. CommVault Systems, Inc. has a twelve month low of $71.75 and a twelve month high of $200.68. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 67.45 and a beta of 0.77. The stock has a fifty day simple moving average of $90.43 and a 200-day simple moving average of $104.25. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 117.54.
Hedge Funds Weigh In On CommVault Systems
Several institutional investors have recently made changes to their positions in the company. Cullen Frost Bankers Inc. increased its stake in shares of CommVault Systems by 43.8% during the third quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock valued at $46,000 after buying an additional 74 shares during the period. JSF Financial LLC grew its stake in CommVault Systems by 1.1% in the third quarter. JSF Financial LLC now owns 7,345 shares of the software maker’s stock valued at $1,387,000 after purchasing an additional 82 shares during the last quarter. Assetmark Inc. raised its holdings in CommVault Systems by 33.6% in the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock worth $41,000 after purchasing an additional 82 shares in the last quarter. Diversify Wealth Management LLC lifted its position in shares of CommVault Systems by 1.6% during the third quarter. Diversify Wealth Management LLC now owns 7,060 shares of the software maker’s stock valued at $1,333,000 after buying an additional 110 shares during the last quarter. Finally, Optiver Holding B.V. lifted its position in shares of CommVault Systems by 62.6% during the third quarter. Optiver Holding B.V. now owns 291 shares of the software maker’s stock valued at $55,000 after buying an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on CVLT shares. Robert W. Baird decreased their target price on CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. Stephens cut their price target on CommVault Systems from $162.00 to $135.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 28th. Zacks Research lowered CommVault Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Wall Street Zen lowered CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Loop Capital started coverage on CommVault Systems in a research note on Tuesday, March 24th. They set a “buy” rating and a $125.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $135.00.
Check Out Our Latest Stock Report on CVLT
Key Stories Impacting CommVault Systems
Here are the key news stories impacting CommVault Systems this week:
- Positive Sentiment: CommVault’s latest quarterly results were solid, with EPS of $1.28 beating estimates and revenue of $311.69 million topping expectations, while sales rose 13.3% year over year. CommVault Systems stock information
- Neutral Sentiment: Several insider sales by the CEO, CFO, and CAO were disclosed, but the filings say the transactions were made under pre-arranged 10b5-1 plans and mainly for tax withholding tied to equity awards.
- Negative Sentiment: Multiple law firms issued class-action notices and deadline reminders for CVLT shareholders, keeping investor focus on alleged false or misleading statements and possible securities fraud claims. Article Title
- Negative Sentiment: One lawsuit filing specifically linked the case to a sharp share-price drop after Q3 2026 results and alleged inconsistencies with the company’s earlier growth narrative, which may weigh on sentiment.
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.
Featured Articles
- Five stocks we like better than CommVault Systems
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Receive News & Ratings for CommVault Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommVault Systems and related companies with MarketBeat.com's FREE daily email newsletter.
