CommVault Systems (NASDAQ:CVLT) CFO Gary Merrill Sells 4,560 Shares

Posted by Brenda Bartman on May 22nd, 2026

CommVault Systems, Inc. (NASDAQ:CVLT – Get Free Report) CFO Gary Merrill sold 4,560 shares of CommVault Systems stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $105.10, for a total transaction of $479,256.00. Following the completion of the transaction, the chief financial officer owned 72,507 shares of the company’s stock, valued at $7,620,485.70. The trade was a 5.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.

Gary Merrill also recently made the following trade(s):

On Monday, May 18th, Gary Merrill sold 3,098 shares of CommVault Systems stock. The stock was sold at an average price of $104.54, for a total transaction of $323,864.92.

CommVault Systems Price Performance

CVLT opened at $106.00 on Friday. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 66.67 and a beta of 0.77. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 117.54. The firm has a 50-day moving average price of $89.91 and a 200-day moving average price of $104.23. CommVault Systems, Inc. has a twelve month low of $71.75 and a twelve month high of $200.68.

CommVault Systems (NASDAQ:CVLT – Get Free Report) last posted its earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.19. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The firm had revenue of $311.69 million during the quarter, compared to the consensus estimate of $306.71 million. During the same quarter last year, the company earned $1.03 earnings per share. The company’s revenue was up 13.3% on a year-over-year basis. Equities analysts expect that CommVault Systems, Inc. will post 2.86 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CVLT shares. Jefferies Financial Group started coverage on shares of CommVault Systems in a research report on Monday, April 27th. They issued a “hold” rating and a $105.00 price objective for the company. Loop Capital started coverage on shares of CommVault Systems in a research report on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price objective for the company. Cantor Fitzgerald cut their price objective on shares of CommVault Systems from $144.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, January 28th. Zacks Research lowered shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Finally, DA Davidson restated a “buy” rating and issued a $125.00 price objective on shares of CommVault Systems in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average 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 the stock. Essential Partners LLC increased its holdings in shares of CommVault Systems by 9,920.0% in the 1st quarter. Essential Partners LLC now owns 501 shares of the software maker’s stock worth $39,000 after buying an additional 496 shares during the last quarter. Edgestream Partners L.P. bought a new position in shares of CommVault Systems in the 1st quarter worth $3,769,000. Amundi increased its holdings in shares of CommVault Systems by 30.5% in the 1st quarter. Amundi now owns 40,401 shares of the software maker’s stock worth $3,147,000 after buying an additional 9,454 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of CommVault Systems by 1,810.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,242 shares of the software maker’s stock worth $97,000 after buying an additional 1,177 shares during the last quarter. Finally, California State Teachers Retirement System increased its holdings in shares of CommVault Systems by 23.0% in the 1st quarter. California State Teachers Retirement System now owns 51,630 shares of the software maker’s stock worth $4,021,000 after buying an additional 9,663 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Key CommVault Systems News

Here are the key news stories impacting CommVault Systems this week:

Positive Sentiment: Commvault’s recent quarterly results were strong, with EPS and revenue both beating expectations and revenue rising 13.3% year over year, which can support the stock over time.
Neutral Sentiment: Several insider sales by the CEO, CFO, and CAO were disclosed, but the company said they were made under pre-arranged 10b5-1 plans and largely to cover tax withholding obligations related to equity awards.
Negative Sentiment: Multiple law firms issued class action notices and deadline reminders alleging Commvault may have made false or misleading statements to investors, keeping legal risk in focus for Article Title
Negative Sentiment: One lawsuit notice specifically tied the case to ARR growth problems and a prior sharp share-price decline, reinforcing concerns that guidance and growth expectations may have been too optimistic.

CommVault Systems Company Profile

(Get Free Report)

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.