Several brokerages have updated their recommendations and price targets on shares of CommVault Systems (NASDAQ: CVLT) in the last few weeks:
- 4/13/2026 – CommVault Systems had its “buy” rating reaffirmed by DA Davidson. They now have a $125.00 price target on the stock.
- 4/13/2026 – CommVault Systems had its price target lowered by Robert W. Baird from $185.00 to $160.00. They now have an “outperform” rating on the stock.
- 3/28/2026 – CommVault Systems was downgraded by Wall Street Zen from “buy” to “hold”.
- 3/24/2026 – CommVault Systems is now covered by Loop Capital. They set a “buy” rating and a $125.00 price target on the stock.
- 3/23/2026 – CommVault Systems was upgraded by Loop Capital to “strong-buy”.
- 3/23/2026 – CommVault Systems had its “market perform” rating reaffirmed by William Blair.
- 3/17/2026 – CommVault Systems had its price target lowered by DA Davidson from $135.00 to $125.00. They now have a “buy” rating on the stock.
Insiders Place Their Bets
In related news, insider Gary Merrill sold 1,892 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $91.28, for a total transaction of $172,701.76. Following the sale, the insider directly owned 62,833 shares in the company, valued at approximately $5,735,396.24. The trade was a 2.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Sanjay Mirchandani sold 10,052 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $80.09, for a total value of $805,064.68. Following the sale, the chief executive officer owned 332,529 shares in the company, valued at approximately $26,632,247.61. The trade was a 2.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 31,355 shares of company stock worth $2,613,165. 1.00% of the stock is currently owned by corporate insiders.
Commvault’s platform is built on a unified architecture that allows customers to streamline operations, reduce complexity, and ensure data resiliency.
Further Reading
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