CommVault Systems, Inc. (NASDAQ:CVLT – Get 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.
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
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.
Featured Articles
- Five stocks we like better than CommVault Systems
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for CommVault Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommVault Systems and related companies with MarketBeat.com's FREE daily email newsletter.
