News coverage about CommVault Systems (NASDAQ:CVLT) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CommVault Systems earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.1047018109193 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s analysis:

CommVault Systems (NASDAQ CVLT) traded up $0.10 during trading on Tuesday, reaching $54.50. 411,225 shares of the company were exchanged, compared to its average volume of 384,601. CommVault Systems has a twelve month low of $47.61 and a twelve month high of $64.60.

CommVault Systems (NASDAQ:CVLT) last issued its quarterly earnings results on Tuesday, October 24th. The software maker reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.05). The company had revenue of $168.14 million during the quarter, compared to the consensus estimate of $170.15 million. CommVault Systems had a negative return on equity of 0.17% and a net margin of 0.28%. CommVault Systems’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.25 EPS. analysts forecast that CommVault Systems will post 0.04 earnings per share for the current fiscal year.

A number of brokerages recently commented on CVLT. Wells Fargo & Company began coverage on shares of CommVault Systems in a research note on Tuesday, November 14th. They set an “outperform” rating and a $64.00 price target on the stock. BidaskClub cut shares of CommVault Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Lake Street Capital upped their price target on shares of CommVault Systems from $63.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, July 26th. Stifel Nicolaus restated a “buy” rating and set a $75.00 price target (up from $68.00) on shares of CommVault Systems in a research note on Wednesday, July 26th. Finally, Mizuho restated a “buy” rating and set a $75.00 price target (up from $70.00) on shares of CommVault Systems in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $70.00.

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In other news, insider Gary Merrill sold 7,260 shares of the stock in a transaction on Monday, October 9th. The shares were sold at an average price of $62.28, for a total value of $452,152.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Brian Carolan sold 4,000 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $61.90, for a total transaction of $247,600.00. The disclosure for this sale can be found here. 13.40% of the stock is owned by corporate insiders.

CommVault Systems Company Profile

Insider Buying and Selling by Quarter for CommVault Systems (NASDAQ:CVLT)

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