CommVault Systems (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen Sells 391 Shares

CommVault Systems, Inc. (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen sold 391 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $143.64, for a total value of $56,163.24. Following the transaction, the chief accounting officer owned 12,646 shares of the company’s stock, valued at approximately $1,816,471.44. This represents a 3.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $142.80, for a total transaction of $69,400.80.
• On Monday, August 17th, Danielle Nicole Abrahamsen sold 119 shares of CommVault Systems stock. The shares were sold at an average price of $143.98, for a total value of $17,133.62.
• On Thursday, July 2nd, Danielle Nicole Abrahamsen sold 254 shares of CommVault Systems stock. The shares were sold at an average price of $150.00, for a total value 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 shares were sold at an average price of $107.39, for a total transaction of $10,846.39.

CommVault Systems Trading Down 3.8%

CommVault Systems stock opened at $137.32 on Thursday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 16.94. The business’s fifty day simple moving average is $138.40 and its two-hundred day simple moving average is $108.99. CommVault Systems, Inc. has a 12 month low of $71.75 and a 12 month high of $198.18. The company has a market capitalization of $5.69 billion, a price-to-earnings ratio of 87.46 and a beta of 0.81.

CommVault Systems (NASDAQ:CVLT) last posted its quarterly earnings results on Tuesday, July 28th. The software maker reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.26. CommVault Systems had a net margin of 5.62% and a return on equity of 88.75%. The firm had revenue of $314.13 million for the quarter, compared to analysts’ expectations of $310.43 million. During the same quarter in the prior year, the company posted $1.01 earnings per share. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. As a group, equities analysts predict that CommVault Systems, Inc. will post 2.84 earnings per share for the current fiscal year.

Institutional Trading of CommVault Systems

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Versant Capital Management Inc boosted its position in CommVault Systems by 15.8% during the second quarter. Versant Capital Management Inc now owns 595 shares of the software maker’s stock valued at $84,000 after purchasing an additional 81 shares in the last quarter. Assetmark Inc. raised its holdings in CommVault Systems by 33.6% in the fourth quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock worth $41,000 after purchasing an additional 82 shares in the last quarter. Captrust Financial Advisors raised its holdings in CommVault Systems by 7.2% in the fourth quarter. Captrust Financial Advisors now owns 2,153 shares of the software maker’s stock worth $270,000 after purchasing an additional 145 shares in the last quarter. MML Investors Services LLC lifted its position in shares of CommVault Systems by 6.7% during the fourth quarter. MML Investors Services LLC now owns 2,361 shares of the software maker’s stock valued at $296,000 after buying an additional 149 shares during the last quarter. Finally, Madison Asset Management LLC lifted its position in shares of CommVault Systems by 0.6% during the fourth quarter. Madison Asset Management LLC now owns 23,947 shares of the software maker’s stock valued at $3,002,000 after buying an additional 153 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

Analysts Set New Price Targets

CVLT has been the subject of several research analyst reports. Zacks Research cut CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Weiss Ratings upgraded CommVault Systems from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, June 16th. UBS Group reaffirmed a “neutral” rating on shares of CommVault Systems in a research note on Monday, July 27th. Scotiabank reiterated a “sector perform” rating and issued a $130.00 target price on shares of CommVault Systems in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $130.00 target price on shares of CommVault Systems in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $152.47.

Key Stories Impacting CommVault Systems

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

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.