A number of research firms have changed their ratings and price targets for CommVault Systems (NASDAQ: CVLT):
- 10/15/2026 – CommVault Systems had its price target raised by Mizuho from $175.00 to $185.00. They now have an “outperform” rating on the stock.
- 10/12/2026 – CommVault Systems had its price target raised by Royal Bank Of Canada from $150.00 to $160.00. They now have a “sector perform” rating on the stock.
- 10/10/2026 – CommVault Systems was downgraded by Wall Street Zen from “buy” to “hold”.
- 10/5/2026 – CommVault Systems had its price target raised by Scotiabank from $130.00 to $160.00. They now have a “sector perform” rating on the stock.
- 9/13/2026 – CommVault Systems was upgraded by Wall Street Zen from “hold” to “buy”.
- 9/11/2026 – CommVault Systems had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 9/10/2026 – CommVault Systems is now covered by FBN Securities. They set an “outperform” rating and a $155.00 price target on the stock.
- 9/5/2026 – CommVault Systems was downgraded by Wall Street Zen from “buy” to “hold”.
- 8/23/2026 – CommVault Systems was upgraded by Wall Street Zen from “hold” to “buy”.
Insiders Place Their Bets
In other news, CFO Gary Merrill sold 1,293 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $142.80, for a total transaction of $184,640.40. Following the completion of the sale, the chief financial officer owned 69,628 shares of the company’s stock, valued at $9,942,878.40. The trade was a 1.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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. Also, Director Vivie Lee sold 595 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $134.19, for a total transaction of $79,843.05. Following the transaction, the director owned 15,140 shares of the company’s stock, valued at approximately $2,031,636.60. This trade represents a 3.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 29,348 shares of company stock valued at $4,202,441. 0.86% of the stock is owned by company insiders.
Commvault Systems, Inc develops data protection, cyber resilience and information management software and services. Its platform helps organizations back up, recover, manage and secure data across on-premises data centers, public and private clouds, software-as-a-service applications and endpoint environments.
The company’s offerings include backup and recovery, disaster recovery, cyber-recovery capabilities, ransomware protection, data governance and workload management. Commvault also provides cloud-based services through its Commvault Cloud platform, designed to help customers detect threats, protect critical workloads and restore operations following data loss or cyberattacks.
Commvault serves businesses, government organizations and other institutions worldwide through direct sales, partners and service providers.
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