CommVault Systems, Inc. (NASDAQ:CVLT – Get Free Report) CAO Danielle Nicole Abrahamsen sold 1,065 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $105.84, for a total value of $112,719.60. Following the sale, the chief accounting officer directly owned 13,581 shares in the company, valued at $1,437,413.04. This trade represents a 7.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through 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.
Danielle Nicole Abrahamsen also recently made the following trade(s):
- On Wednesday, May 20th, Danielle Nicole Abrahamsen sold 365 shares of CommVault Systems stock. The stock was sold at an average price of $99.13, for a total value of $36,182.45.
- 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 Price Performance
Shares of CVLT stock traded up $1.46 during trading hours on Thursday, reaching $106.00. The stock had a trading volume of 637,200 shares, compared to its average volume of 1,049,678. The stock’s fifty day simple moving average is $89.39 and its 200 day simple moving average is $104.46. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 117.54. CommVault Systems, Inc. has a 12 month low of $71.75 and a 12 month high of $200.68. The firm has a market capitalization of $4.37 billion, a PE ratio of 66.67 and a beta of 0.77.
Analyst Ratings Changes
Several equities analysts recently commented on CVLT shares. Weiss Ratings restated a “hold (c)” rating on shares of CommVault Systems in a research report on Wednesday, January 21st. Stephens lowered their price target on CommVault Systems from $162.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, January 28th. Zacks Research lowered CommVault Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. Wells Fargo & Company decreased their price objective on shares of CommVault Systems from $190.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 28th. Finally, Wolfe Research began coverage on shares of CommVault Systems in a research note on Friday, May 1st. They issued a “peer perform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $135.00.
Check Out Our Latest Stock Report on CVLT
Hedge Funds Weigh In On CommVault Systems
A number of institutional investors have recently made changes to their positions in CVLT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of CommVault Systems by 8.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 147,410 shares of the software maker’s stock worth $23,255,000 after buying an additional 11,700 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of CommVault Systems in the 2nd quarter worth $327,000. Cetera Investment Advisers increased its holdings in shares of CommVault Systems by 13.4% in the 2nd quarter. Cetera Investment Advisers now owns 2,486 shares of the software maker’s stock worth $433,000 after buying an additional 294 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of CommVault Systems by 188.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock worth $47,000 after buying an additional 177 shares during the last quarter. Finally, Guggenheim Capital LLC increased its holdings in shares of CommVault Systems by 43.8% in the 2nd quarter. Guggenheim Capital LLC now owns 4,245 shares of the software maker’s stock worth $740,000 after buying an additional 1,293 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.
Key Stories Impacting CommVault Systems
Here are the key news stories impacting CommVault Systems this week:
- Negative Sentiment: Multiple law firms announced or promoted class action lawsuits and investor investigations against Commvault Systems, Inc. (CVLT), increasing legal overhang and uncertainty about potential settlement costs and management distraction. Rosen Law Firm Urges Commvault Stockholders to Contact the Firm
- Negative Sentiment: The lawsuits are tied to allegations that Commvault made false and/or misleading statements during the April 29, 2025 to January 26, 2026 class period, which can weigh on investor sentiment and keep the stock volatile. Howard G. Smith Class Action Notice
- Negative Sentiment: Several recent insider sale disclosures from the CEO, CFO, and CAO may add to negative sentiment, even though the filings say the transactions were primarily for tax-withholding related to equity awards and/or made under 10b5-1 plans. Insider Selling Alert
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.
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