Gary Merrill Sells 4,560 Shares of CommVault Systems (NASDAQ:CVLT) Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CFO Gary Merrill sold 4,560 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $105.10, for a total value of $479,256.00. Following the sale, the chief financial officer owned 72,507 shares of the company’s stock, valued at approximately $7,620,485.70. This trade represents a 5.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 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

Shares of NASDAQ CVLT opened at $107.25 on Friday. 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 $90.43 and a two-hundred day moving average price of $104.25. CommVault Systems, Inc. has a fifty-two week low of $71.75 and a fifty-two week high of $200.68. The firm has a market cap of $4.42 billion, a PE ratio of 67.45 and a beta of 0.77.

CommVault Systems (NASDAQ:CVLT) last released its earnings results 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 return on equity of 51.64% and a net margin of 5.97%.The company had revenue of $311.69 million for the quarter, compared to the consensus estimate of $306.71 million. During the same quarter last year, the business posted $1.03 EPS. CommVault Systems’s quarterly revenue was up 13.3% compared to the same quarter last year. Sell-side analysts expect that CommVault Systems, Inc. will post 2.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on CVLT. DA Davidson reaffirmed a “buy” rating and set a $125.00 target price on shares of CommVault Systems in a report on Monday, April 13th. Stephens reduced their target price on CommVault Systems from $162.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, January 28th. Oppenheimer reduced their target price on CommVault Systems from $180.00 to $150.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. Wall Street Zen downgraded CommVault Systems from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Zacks Research downgraded CommVault Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $135.00.

Institutional Trading of CommVault Systems

Several hedge funds have recently made changes to their positions in the stock. Cullen Frost Bankers Inc. lifted its holdings in shares of CommVault Systems by 43.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock worth $46,000 after purchasing an additional 74 shares during the last quarter. JSF Financial LLC lifted its holdings in shares of CommVault Systems by 1.1% in the 3rd quarter. JSF Financial LLC now owns 7,345 shares of the software maker’s stock worth $1,387,000 after purchasing an additional 82 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of CommVault Systems by 33.6% in the 4th 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. Diversify Wealth Management LLC lifted its holdings in shares of CommVault Systems by 1.6% in the 3rd quarter. Diversify Wealth Management LLC now owns 7,060 shares of the software maker’s stock worth $1,333,000 after purchasing an additional 110 shares during the last quarter. Finally, Optiver Holding B.V. lifted its holdings in shares of CommVault Systems by 62.6% in the 3rd quarter. Optiver Holding B.V. now owns 291 shares of the software maker’s stock worth $55,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 93.50% of the company’s stock.

CommVault Systems News Roundup

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

• Positive Sentiment: CommVault’s latest quarterly results were solid, with EPS of $1.28 beating estimates and revenue of $311.69 million topping expectations, while sales rose 13.3% year over year. CommVault Systems stock information
• Neutral Sentiment: Several insider sales by the CEO, CFO, and CAO were disclosed, but the filings say the transactions were made under pre-arranged 10b5-1 plans and mainly for tax withholding tied to equity awards.
• Negative Sentiment: Multiple law firms issued class-action notices and deadline reminders for CVLT shareholders, keeping investor focus on alleged false or misleading statements and possible securities fraud claims. Article Title
• Negative Sentiment: One lawsuit filing specifically linked the case to a sharp share-price drop after Q3 2026 results and alleged inconsistencies with the company’s earlier growth narrative, which may weigh on sentiment.

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.