Danielle Nicole Abrahamsen Sells 365 Shares of CommVault Systems (NASDAQ:CVLT) Stock

CommVault Systems, Inc. (NASDAQ:CVLTGet Free Report) CAO Danielle Nicole Abrahamsen sold 365 shares of CommVault Systems stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $99.13, for a total value of $36,182.45. Following the completion of the transaction, the chief accounting officer directly 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 filing with the SEC, which is accessible 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 Tuesday, May 19th, Danielle Nicole Abrahamsen sold 1,065 shares of CommVault Systems stock. The shares were 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 shares were sold at an average price of $104.52, for a total value of $96,681.00.

CommVault Systems Stock Performance

Shares of CVLT opened at $107.25 on Friday. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95. The stock has a 50-day moving average of $90.43 and a 200-day moving average of $104.25. The company has a market cap of $4.42 billion, a PE ratio of 67.45 and a beta of 0.77. CommVault Systems, Inc. has a one year low of $71.75 and a one year high of $200.68.

CommVault Systems (NASDAQ:CVLTGet Free Report) last issued its earnings results on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, beating the consensus estimate of $1.09 by $0.19. The company had revenue of $311.69 million during the quarter, compared to the consensus estimate of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the business posted $1.03 EPS. On average, equities research analysts predict that CommVault Systems, Inc. will post 2.86 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CVLT has been the subject of several research reports. Jefferies Financial Group initiated coverage on CommVault Systems in a research note on Monday, April 27th. They issued a “hold” rating and a $105.00 target price for the company. Wolfe Research initiated coverage on CommVault Systems in a research note on Friday, May 1st. They issued a “peer perform” rating for the company. Cantor Fitzgerald reduced their target price on CommVault Systems from $144.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, January 28th. Royal Bank Of Canada raised their target price on CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 29th. Finally, William Blair restated a “market perform” rating on shares of CommVault Systems in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $135.00.

Check Out Our Latest Stock Analysis on CommVault Systems

Trending Headlines about 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.

Hedge Funds Weigh In On CommVault Systems

A number of hedge funds have recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL acquired a new position in CommVault Systems during the 3rd quarter valued at about $1,887,800,000. Vanguard Group Inc. boosted its stake in CommVault Systems by 4.4% during the 4th quarter. Vanguard Group Inc. now owns 5,675,590 shares of the software maker’s stock valued at $711,492,000 after purchasing an additional 240,093 shares during the last quarter. First Trust Advisors LP boosted its stake in CommVault Systems by 25.5% during the 4th quarter. First Trust Advisors LP now owns 1,537,034 shares of the software maker’s stock valued at $192,683,000 after purchasing an additional 312,178 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in CommVault Systems by 36.2% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker’s stock valued at $96,447,000 after purchasing an additional 329,243 shares during the last quarter. Finally, Westfield Capital Management Co. LP boosted its stake in CommVault Systems by 34.5% during the 4th quarter. Westfield Capital Management Co. LP now owns 1,057,077 shares of the software maker’s stock valued at $132,515,000 after purchasing an additional 270,902 shares during the last quarter. Institutional investors and hedge funds own 93.50% of the company’s stock.

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.

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