CommVault Systems (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen Sells 119 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen sold 119 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $143.98, for a total value of $17,133.62. Following the sale, the chief accounting officer directly owned 13,037 shares of the company’s stock, valued at approximately $1,877,067.26. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 Wednesday, August 19th, Danielle Nicole Abrahamsen sold 486 shares of CommVault Systems stock. The shares were sold at an average price of $142.80, for a total transaction of $69,400.80.
• On Tuesday, August 18th, Danielle Nicole Abrahamsen sold 391 shares of CommVault Systems stock. The stock was sold at an average price of $143.64, for a total transaction of $56,163.24.
• On Thursday, July 2nd, Danielle Nicole Abrahamsen sold 254 shares of CommVault Systems stock. The stock was sold at an average price of $150.00, for a total transaction of $38,100.00.
• On Tuesday, May 26th, Danielle Nicole Abrahamsen sold 277 shares of CommVault Systems stock. The shares were sold at an average price of $106.70, for a total transaction of $29,555.90.
• 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.

CommVault Systems Price Performance

CVLT stock opened at $137.32 on Thursday. The stock has a 50-day moving average price of $138.40 and a two-hundred day moving average price of $108.99. CommVault Systems, Inc. has a 1 year low of $71.75 and a 1 year high of $198.18. The stock has a market cap of $5.69 billion, a PE ratio of 87.46 and a beta of 0.81. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 16.94.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings data on Tuesday, July 28th. The software maker reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.26. CommVault Systems had a return on equity of 88.75% and a net margin of 5.62%.The company had revenue of $314.13 million during the quarter, compared to analysts’ expectations of $310.43 million. During the same period in the prior year, the firm earned $1.01 earnings per share. CommVault Systems’s revenue for the quarter was up 11.4% compared to the same quarter last year. Equities analysts forecast that CommVault Systems, Inc. will post 2.84 EPS for the current fiscal year.

Institutional Trading of CommVault Systems

A number of institutional investors have recently bought and sold shares of the business. Transamerica Financial Advisors LLC acquired a new position in shares of CommVault Systems during the 2nd quarter worth approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of CommVault Systems in the second quarter valued at approximately $27,000. Silvant Capital Management LLC bought a new stake in shares of CommVault Systems in the second quarter valued at approximately $30,000. State of Wyoming acquired a new stake in CommVault Systems during the second quarter worth approximately $35,000. Finally, Essential Partners LLC grew its position in CommVault Systems by 9,920.0% during the first quarter. Essential Partners LLC now owns 501 shares of the software maker’s stock worth $39,000 after buying an additional 496 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

CommVault Systems News Summary

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

• Positive Sentiment: Analysts assigned Commvault a consensus rating of “Moderate Buy,” providing support for the stock despite its elevated valuation and recent trading below its 50-day moving average. CommVault Systems Given Consensus Rating of Moderate Buy by Analysts
• Positive Sentiment: Commvault expanded its Cloud Rewind product to cover more Microsoft Azure resources, improving configuration protection and recovery for cloud-native and AI-driven applications after cyberattacks or outages. The move reinforces the company’s cloud-resilience and cybersecurity positioning, though the release did not disclose financial guidance or new contract values. Commvault Advances AI and Cloud Application Resilience with Expanded Cloud Rewind Coverage
• Neutral Sentiment: CEO Sanjay Mirchandani, CFO Gary Merrill and Chief Accounting Officer Danielle Abrahamsen collectively sold roughly 28,277 shares worth about $4.1 million between August 17 and August 19. All reported transactions were executed under Rule 10b5-1 plans and were specifically intended to cover tax withholding tied to vested equity awards. The sales can create short-term sentiment pressure, but their planned, tax-related nature makes them a weaker bearish signal. Commvault CFO Gary Merrill Reports Two Common Stock Sales Commvault CFO Danielle Abrahamsen Executes Three Stock Sales
• Negative Sentiment: Bernstein Liebhard announced an investigation into potential fiduciary-duty breaches by Commvault directors and officers. The announcement does not establish wrongdoing, but it introduces legal and governance uncertainty that may weigh on investor sentiment. Commvault Shareholder Investigation Alert

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CVLT shares. Piper Sandler cut CommVault Systems from an “overweight” rating to a “neutral” rating and set a $133.00 price target on the stock. in a research note on Tuesday, July 28th. Stephens upped their price objective on shares of CommVault Systems from $135.00 to $155.00 and gave the company an “overweight” rating in a report on Tuesday, June 16th. Scotiabank restated a “sector perform” rating and set a $130.00 target price on shares of CommVault Systems in a research note on Wednesday, July 29th. Wolfe Research started coverage on shares of CommVault Systems in a report on Friday, May 1st. They set a “peer perform” rating for the company. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $130.00 price target on shares of CommVault Systems in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CommVault Systems presently has an average rating of “Moderate Buy” and an average target price of $152.47.

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.