Insider Selling: CommVault Systems (NASDAQ:CVLT) CAO Sells 101 Shares of Stock

Key Points

• CommVault Systems CAO Danielle Nicole Abrahamsen sold 101 shares on May 22 at an average price of $107.39, in a transaction worth about $10,846. The sale was made under a pre-arranged Rule 10b5-1 plan to cover tax withholding tied to equity award vesting.
• Abrahamsen also made several other recent insider sales, including 277 shares on May 26, 365 shares on May 20, 1,065 shares on May 19, and 925 shares on May 18. Despite these sales, she still directly owned 13,443 shares after the latest transaction.
• CommVault recently beat earnings expectations, reporting quarterly EPS of $1.28 versus the $1.09 consensus, with revenue up 13.3% year over year to $311.69 million. However, the stock is also facing a class-action lawsuit over alleged disclosure issues related to ARR growth and a prior share-price drop.

CommVault Systems, Inc. (NASDAQ:CVLT - Get Free Report) CAO Danielle Nicole Abrahamsen sold 101 shares of the firm's stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $107.39, for a total transaction of $10,846.39. Following the sale, the chief accounting officer directly owned 13,443 shares of the company's stock, valued at $1,443,643.77. The trade was a 0.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible 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.

Danielle Nicole Abrahamsen also recently made the following trade(s):

• On Tuesday, May 26th, Danielle Nicole Abrahamsen sold 277 shares of CommVault Systems stock. The stock was sold at an average price of $106.70, for a total value of $29,555.90.
• On Wednesday, May 20th, Danielle Nicole Abrahamsen sold 365 shares of CommVault Systems stock. The stock was sold at an average price of $99.13, for a total value of $36,182.45.
• On Tuesday, May 19th, Danielle Nicole Abrahamsen sold 1,065 shares of CommVault Systems stock. The stock was sold at an average price of $105.84, for a total value of $112,719.60.
• On Monday, May 18th, Danielle Nicole Abrahamsen sold 925 shares of CommVault Systems stock. The stock was sold at an average price of $104.52, for a total value of $96,681.00.

CommVault Systems Stock Performance

CVLT traded up $0.84 during trading hours on Tuesday, hitting $108.09. 394,000 shares of the stock were exchanged, compared to its average volume of 1,037,406. The stock has a 50-day simple moving average of $90.96 and a 200-day simple moving average of $103.79. CommVault Systems, Inc. has a 12 month low of $71.75 and a 12 month high of $200.68. The stock has a market cap of $4.46 billion, a price-to-earnings ratio of 67.98 and a beta of 0.77. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95.

CommVault Systems (NASDAQ:CVLT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts' expectations of $306.71 million. During the same period last year, the business posted $1.03 earnings per share. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. Analysts anticipate that CommVault Systems, Inc. will post 2.86 earnings per share for the current year.

Institutional Investors Weigh In On CommVault Systems

A number of hedge funds have recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL bought a new stake in CommVault Systems in the third quarter valued at $1,887,800,000. Vanguard Group Inc. lifted its stake in CommVault Systems by 4.4% in the fourth quarter. Vanguard Group Inc. now owns 5,675,590 shares of the software maker's stock valued at $711,492,000 after buying an additional 240,093 shares during the last quarter. First Trust Advisors LP lifted its stake in CommVault Systems by 25.5% in the fourth quarter. First Trust Advisors LP now owns 1,537,034 shares of the software maker's stock valued at $192,683,000 after buying an additional 312,178 shares during the last quarter. Pictet Asset Management Holding SA lifted its stake in CommVault Systems by 36.2% in the first quarter. Pictet Asset Management Holding SA now owns 1,239,225 shares of the software maker's stock valued at $96,447,000 after buying an additional 329,243 shares during the last quarter. Finally, Westfield Capital Management Co. LP lifted its stake in CommVault Systems by 34.5% in the fourth quarter. Westfield Capital Management Co. LP now owns 1,057,077 shares of the software maker's stock valued at $132,515,000 after buying an additional 270,902 shares during the last quarter. 93.50% of the stock is currently owned by institutional investors.

More CommVault Systems News

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

• Positive Sentiment: Commvault announced it will present at the William Blair Growth Conference on June 2, which may help keep investor interest on the stock and provide a platform for management to reinforce its growth outlook. Commvault to Present at the William Blair Growth Conference
• Neutral Sentiment: Multiple law firms are reminding investors of the July 17 deadline to seek lead-plaintiff status in the class-action case, which keeps the lawsuit in the headlines but does not add new business fundamentals. Deadline Approaching: Commvault Systems Inc. (CVLT) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
• Neutral Sentiment: Other firms also issued similar investor alerts and lawsuit notices, signaling broader legal scrutiny around Commvault’s prior disclosures and the January stock selloff. INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Commvault Systems, Inc. of Class Action Lawsuit and Upcoming Deadlines – CVLT
• Negative Sentiment: The class-action lawsuit alleges Commvault misled investors about ARR growth issues, following a 31% share-price drop after the company’s Q3 2026 results missed key expectations. That legal overhang is likely the main pressure point on the stock today. CVLT Court Notification: Commvault ARR Growth Issues and Corresponding 31% Stock Drop Trigger Shareholder Class Action for Securities Fraud

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CVLT. Wells Fargo & Company reduced their price objective on CommVault Systems from $190.00 to $155.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 28th. Royal Bank Of Canada raised their price objective on CommVault Systems from $100.00 to $110.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 29th. Loop Capital began coverage on CommVault Systems in a research note on Tuesday, March 24th. They set a "buy" rating and a $125.00 price objective on the stock. Wolfe Research began coverage on CommVault Systems in a research note on Friday, May 1st. They issued a "peer perform" rating on the stock. Finally, KeyCorp raised their target price on CommVault Systems from $108.00 to $125.00 and gave the company an "overweight" rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, CommVault Systems has a consensus rating of "Moderate Buy" and a consensus price target of $135.00.

CommVault Systems Company Profile

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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