CommVault Systems (NASDAQ:CVLT) CFO Jennifer Leigh Dirico Sells 830 Shares

CommVault Systems, Inc. (NASDAQ:CVLT) CFO Jennifer Leigh Dirico sold 830 shares of the stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $123.58, for a total transaction of $102,571.40. Following the transaction, the chief financial officer directly owned 44,313 shares of the company’s stock, valued at $5,476,200.54. This represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Jennifer Leigh Dirico also recently made the following trade(s):

• On Tuesday, September 9th, Jennifer Leigh Dirico sold 14,909 shares of CommVault Systems stock. The shares were sold at an average price of $182.22, for a total value of $2,716,717.98.

CommVault Systems Stock Performance

NASDAQ CVLT traded down $1.81 on Thursday, hitting $117.69. 497,358 shares of the company’s stock were exchanged, compared to its average volume of 586,394. The company has a debt-to-equity ratio of 4.18, a current ratio of 2.53 and a quick ratio of 1.24. CommVault Systems, Inc. has a fifty-two week low of $117.40 and a fifty-two week high of $200.68. The firm has a market cap of $5.19 billion, a price-to-earnings ratio of 66.12 and a beta of 0.68. The firm’s 50-day moving average price is $163.81 and its two-hundred day moving average price is $173.39.

CommVault Systems (NASDAQ:CVLT) last issued its earnings results on Tuesday, October 28th. The software maker reported $0.91 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.04). CommVault Systems had a return on equity of 31.53% and a net margin of 7.32%.The company had revenue of $448.85 million for the quarter, compared to analysts’ expectations of $273.31 million. During the same quarter in the previous year, the firm posted $0.83 earnings per share. CommVault Systems’s revenue for the quarter was up 18.4% on a year-over-year basis. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts expect that CommVault Systems, Inc. will post 1.65 EPS for the current year.

Wall Street Analysts Forecast Growth

CVLT has been the topic of several recent analyst reports. Wall Street Zen lowered shares of CommVault Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Piper Sandler raised CommVault Systems from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $195.00 to $200.00 in a research note on Monday, October 13th. KeyCorp dropped their price objective on CommVault Systems from $225.00 to $185.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. Guggenheim reiterated a “buy” rating and set a $220.00 target price on shares of CommVault Systems in a research report on Thursday, October 16th. Finally, Oppenheimer began coverage on CommVault Systems in a report on Monday, November 10th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $195.10.

Hedge Funds Weigh In On CommVault Systems

Several hedge funds have recently bought and sold shares of the stock. Frank Rimerman Advisors LLC raised its holdings in shares of CommVault Systems by 3.8% in the first quarter. Frank Rimerman Advisors LLC now owns 1,709 shares of the software maker’s stock worth $270,000 after acquiring an additional 63 shares during the last quarter. Cullen Frost Bankers Inc. raised its stake in CommVault Systems by 43.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock valued at $46,000 after purchasing an additional 74 shares during the last quarter. GAMMA Investing LLC lifted its holdings in CommVault Systems by 6.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,422 shares of the software maker’s stock valued at $248,000 after purchasing an additional 80 shares in the last quarter. JSF Financial LLC boosted its stake in shares of CommVault Systems by 1.1% during 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. Finally, Vident Advisory LLC boosted its stake in shares of CommVault Systems by 0.3% during the 1st quarter. Vident Advisory LLC now owns 27,107 shares of the software maker’s stock worth $4,276,000 after purchasing an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 93.50% of the company’s stock.

About CommVault Systems

Commvault Systems, Inc provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.