Insider Selling: CommVault Systems (NASDAQ:CVLT) CFO Sells 3,098 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CFO Gary Merrill sold 3,098 shares of CommVault Systems stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $104.54, for a total value of $323,864.92. Following the sale, the chief financial officer directly owned 77,067 shares in the company, valued at $8,056,584.18. The trade was a 3.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 Thursday, February 19th, Gary Merrill sold 1,892 shares of CommVault Systems stock. The shares were sold at an average price of $91.28, for a total value of $172,701.76.
• On Wednesday, February 18th, Gary Merrill sold 2,593 shares of CommVault Systems stock. The stock was sold at an average price of $90.28, for a total value of $234,096.04.

CommVault Systems Stock Performance

CVLT traded down $3.98 during trading on Tuesday, reaching $101.96. 603,194 shares of the company’s stock were exchanged, compared to its average volume of 1,058,853. The company has a market capitalization of $4.21 billion, a P/E ratio of 64.13 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 business has a 50 day moving average price of $88.72 and a 200 day moving average price of $104.96. CommVault Systems, Inc. has a fifty-two week low of $71.75 and a fifty-two week high of $200.68.

CommVault Systems (NASDAQ:CVLT) last released its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.19. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The company had revenue of $311.69 million during the quarter, compared to the consensus estimate of $306.71 million. During the same period last year, the firm earned $1.03 EPS. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, analysts predict that CommVault Systems, Inc. will post 2.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of CVLT. State of Wyoming acquired a new position in shares of CommVault Systems in the 2nd quarter worth approximately $35,000. FNY Investment Advisers LLC bought a new position in CommVault Systems in the 4th quarter valued at $36,000. Banque Cantonale Vaudoise acquired a new position in CommVault Systems in the third quarter worth $39,000. Assetmark Inc. grew its holdings in shares of CommVault Systems by 33.6% during the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock worth $41,000 after purchasing an additional 82 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of CommVault Systems by 43.8% in the third quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock valued at $46,000 after buying an additional 74 shares in the last quarter. Institutional investors own 93.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CVLT shares. Wall Street Zen lowered CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday. Stephens lowered their price objective on CommVault Systems from $162.00 to $135.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 28th. Truist Financial reiterated a “buy” rating and issued a $155.00 price objective (down from $175.00) on shares of CommVault Systems in a research note on Wednesday, January 28th. Cantor Fitzgerald dropped their price objective 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. Finally, Jefferies Financial Group started coverage on CommVault Systems in a research note on Monday, April 27th. They set a “hold” rating and a $105.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $135.00.

Key Headlines Impacting CommVault Systems

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

• Positive Sentiment: No positive company-specific catalysts were reported in the latest batch of headlines.
• Neutral Sentiment: Several law firms, including Bernstein Liebhard, Robbins Geller, Faruqi & Faruqi, Robbins LLP, Holzer & Holzer, and Levi & Korsinsky, announced or referenced a shareholder class action tied to alleged misstatements about ARR growth, with a lead-plaintiff deadline of July 17, 2026. Article Title
• Neutral Sentiment: An additional article questioned whether the alleged ARR misstatements lawsuit changes the investment case for Commvault, reinforcing that the stock is reacting to litigation headlines rather than operating results. Article Title
• Negative Sentiment: The litigation risk is a clear overhang for CVLT because it raises uncertainty around prior disclosures, potential costs, and possible reputational damage, which can weigh on the stock until the allegations are resolved.

About CommVault Systems

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.