Insider Selling: CommVault Systems (NASDAQ:CVLT) CEO Sells 8,457 Shares of Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CEO Sanjay Mirchandani sold 8,457 shares of CommVault Systems stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $104.54, for a total value of $884,094.78. Following the completion of the sale, the chief executive officer directly owned 334,773 shares in the company, valued at approximately $34,997,169.42. This represents a 2.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Sanjay Mirchandani also recently made the following trade(s):

• On Tuesday, March 17th, Sanjay Mirchandani sold 10,052 shares of CommVault Systems stock. The shares were sold at an average price of $80.09, for a total value of $805,064.68.
• On Monday, March 16th, Sanjay Mirchandani sold 10,338 shares of CommVault Systems stock. The shares were sold at an average price of $78.96, for a total value of $816,288.48.
• On Wednesday, February 18th, Sanjay Mirchandani sold 6,480 shares of CommVault Systems stock. The shares were sold at an average price of $90.28, for a total value of $585,014.40.

CommVault Systems Stock Down 3.8%

Shares of NASDAQ:CVLT traded down $3.98 during midday trading on Tuesday, reaching $101.96. The company had a trading volume of 603,194 shares, compared to its average volume of 1,058,853. 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’s 50 day moving average price is $88.72 and its 200 day moving average price is $104.96. The stock has a market cap of $4.21 billion, a PE ratio of 64.13 and a beta of 0.77. CommVault Systems, Inc. has a 1-year low of $71.75 and a 1-year high of $200.68.

CommVault Systems (NASDAQ:CVLT) last released its earnings results on Tuesday, April 28th. The software maker reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.19. The business had revenue of $311.69 million for the quarter, compared to the consensus estimate of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.CommVault Systems’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 earnings per share. Research analysts forecast that CommVault Systems, Inc. will post 2.86 EPS for the current fiscal year.

Hedge Funds Weigh In On CommVault Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Tudor Investment Corp ET AL bought a new position in CommVault Systems during the third quarter worth about $1,887,800,000. Vanguard Group Inc. boosted its holdings in shares of CommVault Systems by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 5,675,590 shares of the software maker’s stock worth $711,492,000 after acquiring an additional 240,093 shares during the period. First Trust Advisors LP boosted its holdings in shares of CommVault Systems by 25.5% during the fourth quarter. First Trust Advisors LP now owns 1,537,034 shares of the software maker’s stock worth $192,683,000 after acquiring an additional 312,178 shares during the period. Pictet Asset Management Holding SA boosted its holdings in shares of CommVault Systems by 36.2% during the first quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker’s stock worth $96,447,000 after acquiring an additional 329,243 shares during the period. Finally, Westfield Capital Management Co. LP boosted its holdings in shares of CommVault Systems by 34.5% during the fourth quarter. Westfield Capital Management Co. LP now owns 1,057,077 shares of the software maker’s stock worth $132,515,000 after acquiring an additional 270,902 shares during the period. Institutional investors own 93.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on CVLT shares. Royal Bank Of Canada lifted their target price on CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 29th. William Blair reiterated a “market perform” rating on shares of CommVault Systems in a report on Monday, March 23rd. Wells Fargo & Company reduced their price target on CommVault Systems from $190.00 to $155.00 and set an “overweight” rating for the company in a report on Wednesday, January 28th. Stephens reduced their price target on CommVault Systems from $162.00 to $135.00 and set an “overweight” rating for the company in a report on Wednesday, January 28th. Finally, Loop Capital began coverage on CommVault Systems in a report on Tuesday, March 24th. They set a “buy” rating and a $125.00 price target for the company. One 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. According to data from MarketBeat.com, CommVault Systems currently has an average rating of “Moderate Buy” and an average price target of $135.00.

More CommVault Systems News

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.