Insider Selling: CommVault Systems (NASDAQ:CVLT) CEO Sells $2,046,084.04 in Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CEO Sanjay Mirchandani sold 19,396 shares of CommVault Systems stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $105.49, for a total value of $2,046,084.04. Following the completion of the transaction, the chief executive officer owned 315,377 shares of the company’s stock, valued at approximately $33,269,119.73. The trade was a 5.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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.

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

• On Wednesday, May 20th, Sanjay Mirchandani sold 8,450 shares of CommVault Systems stock. The shares were sold at an average price of $99.13, for a total value of $837,648.50.
• On Monday, May 18th, Sanjay Mirchandani sold 8,457 shares of CommVault Systems stock. The shares were sold at an average price of $104.54, for a total value of $884,094.78.
• 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.

CommVault Systems Trading Up 1.2%

Shares of CVLT opened at $107.25 on Friday. The stock has a fifty day moving average price of $90.43 and a two-hundred day moving average price of $104.25. The company has a debt-to-equity ratio of 117.54, a quick ratio of 1.95 and a current ratio of 1.95. CommVault Systems, Inc. has a 52-week low of $71.75 and a 52-week high of $200.68. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 67.45 and a beta of 0.77.

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

Key Stories Impacting CommVault Systems

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.

Institutional Investors Weigh In On CommVault Systems

Several hedge funds and other institutional investors have recently made changes to their positions in CVLT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of CommVault Systems by 8.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 147,410 shares of the software maker’s stock valued at $23,255,000 after buying an additional 11,700 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of CommVault Systems during the second quarter worth $327,000. Cetera Investment Advisers grew its stake in shares of CommVault Systems by 13.4% during the second quarter. Cetera Investment Advisers now owns 2,486 shares of the software maker’s stock worth $433,000 after purchasing an additional 294 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of CommVault Systems by 188.3% during the second quarter. EverSource Wealth Advisors LLC now owns 271 shares of the software maker’s stock worth $47,000 after purchasing an additional 177 shares during the period. Finally, Guggenheim Capital LLC grew its stake in shares of CommVault Systems by 43.8% during the second quarter. Guggenheim Capital LLC now owns 4,245 shares of the software maker’s stock worth $740,000 after purchasing an additional 1,293 shares during the period. 93.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have issued reports on CVLT. William Blair reiterated a “market perform” rating on shares of CommVault Systems in a research report on Monday, March 23rd. DA Davidson reiterated a “buy” rating and issued a $125.00 price objective on shares of CommVault Systems in a research report on Monday, April 13th. Jefferies Financial Group began coverage on CommVault Systems in a research note on Monday, April 27th. They issued a “hold” rating and a $105.00 target price for the company. Stephens lowered their target price on CommVault Systems from $162.00 to $135.00 and set an “overweight” rating for the company in a research note on Wednesday, January 28th. Finally, Wall Street Zen cut CommVault Systems from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $135.00.

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.