CommVault Systems, Inc. (NASDAQ:CVLT – Get Free Report) CAO Danielle Nicole Abrahamsen sold 277 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $106.70, for a total transaction of $29,555.90. Following the transaction, the chief accounting officer directly owned 13,166 shares in the company, valued at approximately $1,404,812.20. The trade was a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 Friday, May 22nd, Danielle Nicole Abrahamsen sold 101 shares of CommVault Systems stock. The stock was sold at an average price of $107.39, for a total transaction of $10,846.39.
- 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 Tuesday, May 19th, Danielle Nicole Abrahamsen sold 1,065 shares of CommVault Systems stock. The stock was 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 transaction of $96,681.00.
CommVault Systems Trading Up 3.3%
CVLT opened at $110.73 on Friday. The stock has a market capitalization of $4.57 billion, a PE ratio of 69.64 and a beta of 0.77. The firm’s fifty day moving average price is $92.70 and its 200 day moving average price is $103.40. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95. CommVault Systems, Inc. has a 12-month low of $71.75 and a 12-month high of $200.68.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on CVLT shares. Wall Street Zen cut shares of CommVault Systems from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Jefferies Financial Group started coverage on shares of CommVault Systems in a report on Monday, April 27th. They issued a “hold” rating and a $105.00 price objective on the stock. Wolfe Research began coverage on shares of CommVault Systems in a report on Friday, May 1st. They issued a “peer perform” rating on the stock. Robert W. Baird decreased their price objective on shares of CommVault Systems from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Finally, DA Davidson reiterated a “buy” rating and issued a $125.00 price objective on shares of CommVault Systems in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $135.00.
View Our Latest Stock Report on CommVault Systems
Key CommVault Systems News
Here are the key news stories impacting CommVault Systems this week:
- Positive Sentiment: Commvault is set to present at the William Blair Growth Conference on June 2, which keeps its growth story visible to investors and may help support sentiment. Commvault to Present at the William Blair Growth Conference
- Positive Sentiment: The company’s latest earnings beat expectations, with revenue and EPS both coming in above consensus and revenue rising 13.3% year over year, reinforcing the underlying business momentum.
- Neutral Sentiment: Scotiabank recently raised its price target on CVLT to $110, while other analysts kept mostly hold/peer-perform style ratings, leaving the broader Street view constructive but cautious.
- Neutral Sentiment: Two executives disclosed modest share sales, but both were made under pre-arranged 10b5-1 plans and were linked to tax withholding on vested equity awards, which typically limits concern.
- Negative Sentiment: Multiple law firms issued fresh reminders and investor alerts about the pending securities class action against Commvault, keeping litigation headlines front and center for shareholders. CVLT Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Commvault Systems, Inc. Securities Lawsuit
- Negative Sentiment: The lawsuit centers on allegations that Commvault misled investors about ARR growth, following a 31% share-price collapse after weak Q3 2026 results and a reported $1.7 billion market-cap wipeout, which remains the biggest overhang on CVLT. Commvault Systems (CVLT) Securities Class Action Filed Amid Q3 2026’s Apparent Inconsistencies With Prior Growth Narrative and $1.7B Market Cap Wipeout
Institutional Investors Weigh In On CommVault Systems
A number of institutional investors have recently added to or reduced their stakes in the company. State of Wyoming acquired a new position in shares of CommVault Systems in the 2nd quarter worth approximately $35,000. Banque Cantonale Vaudoise acquired a new position in shares of CommVault Systems in the 3rd quarter worth approximately $39,000. Cullen Frost Bankers Inc. grew its stake in shares of CommVault Systems by 43.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock worth $46,000 after purchasing an additional 74 shares during the last quarter. Assetmark Inc. grew its stake in shares of CommVault Systems by 2,950.0% in the 3rd quarter. Assetmark Inc. now owns 244 shares of the software maker’s stock worth $46,000 after purchasing an additional 236 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of CommVault Systems in the 3rd quarter worth approximately $47,000. 93.50% of the stock is currently owned by institutional investors and hedge funds.
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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