CommVault Systems, Inc. (NASDAQ:CVLT – Get Free Report) CFO Gary Merrill sold 4,554 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $106.70, for a total value of $485,911.80. Following the completion of the sale, the chief financial officer owned 72,775 shares in the company, valued at $7,765,092.50. This represents a 5.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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.
Gary Merrill also recently made the following trade(s):
- On Friday, May 22nd, Gary Merrill sold 3,777 shares of CommVault Systems stock. The shares were sold at an average price of $107.39, for a total value of $405,612.03.
- On Tuesday, May 19th, Gary Merrill sold 4,560 shares of CommVault Systems stock. The shares were sold at an average price of $105.10, for a total value of $479,256.00.
- On Monday, May 18th, Gary Merrill sold 3,098 shares of CommVault Systems stock. The shares were sold at an average price of $104.54, for a total value of $323,864.92.
CommVault Systems Price Performance
CVLT stock opened at $110.73 on Friday. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 117.54. The company has a market capitalization of $4.57 billion, a PE ratio of 69.64 and a beta of 0.77. CommVault Systems, Inc. has a 12-month low of $71.75 and a 12-month high of $200.68. The business’s fifty day moving average price is $92.70 and its 200 day moving average price is $103.40.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on CVLT shares. Scotiabank boosted their price objective on CommVault Systems from $105.00 to $110.00 and gave the company a “sector perform” rating in a report on Wednesday, April 29th. KeyCorp increased their price objective on CommVault Systems from $108.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Loop Capital started coverage on CommVault Systems in a research note on Tuesday, March 24th. They issued a “buy” rating and a $125.00 price objective on the stock. Jefferies Financial Group started coverage on CommVault Systems in a report on Monday, April 27th. They set a “hold” rating and a $105.00 price target on the stock. Finally, Wolfe Research started coverage on CommVault Systems in a report on Friday, May 1st. They set a “peer perform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.
View Our Latest Analysis on CommVault Systems
Institutional Investors Weigh In On CommVault Systems
Large investors have recently bought and sold shares of the stock. Boston Trust Walden Corp acquired a new position in shares of CommVault Systems during the 4th quarter worth about $30,830,000. Federated Hermes Inc. grew its holdings in shares of CommVault Systems by 9.7% during the third quarter. Federated Hermes Inc. now owns 322,053 shares of the software maker’s stock worth $60,797,000 after purchasing an additional 28,596 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of CommVault Systems by 131.7% during the third quarter. JPMorgan Chase & Co. now owns 382,778 shares of the software maker’s stock worth $72,261,000 after purchasing an additional 217,557 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of CommVault Systems by 19.4% during the third quarter. Victory Capital Management Inc. now owns 118,284 shares of the software maker’s stock worth $22,330,000 after purchasing an additional 19,218 shares during the last quarter. Finally, Strengthening Families & Communities LLC grew its holdings in shares of CommVault Systems by 2,215.4% during the third quarter. Strengthening Families & Communities LLC now owns 18,037 shares of the software maker’s stock worth $3,350,000 after purchasing an additional 17,258 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.
Key Headlines Impacting CommVault Systems
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
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.
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