Danielle Nicole Abrahamsen Sells 254 Shares of CommVault Systems (NASDAQ:CVLT) Stock

CommVault Systems, Inc. (NASDAQ:CVLT) CAO Danielle Nicole Abrahamsen sold 254 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $150.00, for a total value of $38,100.00. Following the completion of the transaction, the chief accounting officer owned 13,156 shares of the company’s stock, valued at $1,973,400. The trade was a 1.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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 Friday, May 22nd, Danielle Nicole Abrahamsen sold 101 shares of CommVault Systems stock. The stock was sold at an average price of $107.39, for a total value of $10,846.39.
• On Wednesday, May 20th, Danielle Nicole Abrahamsen sold 365 shares of CommVault Systems stock. The shares were 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 shares were 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 shares were sold at an average price of $104.52, for a total transaction of $96,681.00.

CommVault Systems Stock Performance

Shares of CommVault Systems stock opened at $146.92 on Thursday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 117.54. CommVault Systems, Inc. has a twelve month low of $71.75 and a twelve month high of $200.68. The stock has a market cap of $6.09 billion, a price-to-earnings ratio of 92.40 and a beta of 0.79. The company’s fifty day moving average is $120.18 and its 200 day moving average is $105.20.

CommVault Systems (NASDAQ:CVLT) last announced its earnings results 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. The business had revenue of $311.69 million during the quarter, compared to analyst estimates of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.CommVault Systems’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $1.03 EPS. Sell-side analysts forecast that CommVault Systems, Inc. will post 2.86 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CVLT shares. Royal Bank Of Canada lifted their target price on shares of CommVault Systems from $100.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 29th. Wall Street Zen downgraded CommVault Systems from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Wolfe Research initiated coverage on CommVault Systems in a research report on Friday, May 1st. They issued a “peer perform” rating for the company. Loop Capital began 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. Finally, Scotiabank raised their target price on CommVault Systems from $105.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $136.33.

Trending Headlines about CommVault Systems

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

• Negative Sentiment: Multiple law firms issued reminders about the CVLT securities class action and the upcoming July 17 lead-plaintiff deadline, increasing legal overhang and likely pressuring the shares. Rosen Deadline Alert
• Negative Sentiment: Hagens Berman said the alleged class period in the lawsuit was expanded, suggesting broader potential exposure for Commvault and adding to investor concerns. HBSS Expanded Class Period Alert
• Neutral Sentiment: Commvault announced first-quarter fiscal 2027 earnings will be reported on July 28, which keeps attention on upcoming execution but is not an immediate catalyst. Commvault Earnings Release Date
• Neutral Sentiment: The company launched “Minutes to Recovery,” a cyberattack simulation product that reinforces its AI/cyber resilience strategy and could support long-term fundamentals. Commvault Launches Minutes to Recovery
• Neutral Sentiment: An insider sale by the chief accounting officer was disclosed, but it was done under a pre-arranged 10b5-1 plan, limiting its importance as a trading signal. SEC Form 4 filing

Institutional Investors Weigh In On CommVault Systems

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Versant Capital Management Inc raised its holdings in shares of CommVault Systems by 15.8% during the second quarter. Versant Capital Management Inc now owns 595 shares of the software maker’s stock valued at $84,000 after purchasing an additional 81 shares during the period. Assetmark Inc. grew its stake in shares of CommVault Systems by 33.6% in the 4th quarter. Assetmark Inc. now owns 326 shares of the software maker’s stock valued at $41,000 after buying an additional 82 shares during the period. Captrust Financial Advisors increased its position in CommVault Systems by 7.2% in the 4th quarter. Captrust Financial Advisors now owns 2,153 shares of the software maker’s stock valued at $270,000 after buying an additional 145 shares in the last quarter. MML Investors Services LLC raised its stake in CommVault Systems by 6.7% during the 4th quarter. MML Investors Services LLC now owns 2,361 shares of the software maker’s stock worth $296,000 after buying an additional 149 shares during the period. Finally, Madison Asset Management LLC raised its stake in CommVault Systems by 0.6% during the 4th quarter. Madison Asset Management LLC now owns 23,947 shares of the software maker’s stock worth $3,002,000 after buying an additional 153 shares during the period. 93.50% of the stock is owned by institutional investors.

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.