Key Points
- CEO Sanjay Mirchandani sold 13,109 shares of CommVault on Nov. 19 at an average price of $121.15 (totaling about $1.59M), after also selling 14,653 shares on Nov. 18; the transactions reduced his stake by 3.52% to 359,260 shares and were disclosed in an SEC filing.
- The stock is trading lower (opened $117.69) amid mixed fundamentals—Q3 revenue rose 18.4% to $448.85M but EPS of $0.91 missed estimates—and analysts maintain a “Moderate Buy” consensus with a $195.10 average target while institutional ownership sits at about 93.5%.
CommVault Systems, Inc. (NASDAQ:CVLT - Get Free Report) CFO Jennifer Leigh Dirico sold 830 shares of the company's stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $123.58, for a total transaction of $102,571.40. Following the sale, the chief financial officer directly owned 44,313 shares in the company, valued at approximately $5,476,200.54. This trade represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
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 transaction of $2,716,717.98.
CommVault Systems Stock Performance
CommVault Systems stock traded up $1.07 during mid-day trading on Friday, reaching $118.76. The company's stock had a trading volume of 122,034 shares, compared to its average volume of 584,203. The company has a market capitalization of $5.24 billion, a P/E ratio of 66.72 and a beta of 0.68. The firm's fifty day moving average price is $162.54 and its two-hundred day moving average price is $173.00. CommVault Systems, Inc. has a 12-month low of $116.33 and a 12-month high of $200.68. The company has a debt-to-equity ratio of 4.18, a quick ratio of 1.24 and a current ratio of 2.53.
CommVault Systems (NASDAQ:CVLT - Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The software maker reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.04). The company had revenue of $448.85 million during the quarter, compared to analysts' expectations of $273.31 million. CommVault Systems had a net margin of 7.32% and a return on equity of 31.53%. CommVault Systems's revenue for the quarter was up 18.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.83 earnings per share. CommVault Systems has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Sell-side analysts predict that CommVault Systems, Inc. will post 1.65 EPS for the current fiscal year.
Wall Street Analyst Weigh In
CVLT has been the topic of several recent analyst reports. Guggenheim reiterated a "buy" rating and issued a $220.00 target price on shares of CommVault Systems in a research note on Thursday, October 16th. Piper Sandler upgraded CommVault Systems from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $195.00 to $200.00 in a research report on Monday, October 13th. Royal Bank Of Canada reduced their target price on CommVault Systems from $217.00 to $167.00 and set a "sector perform" rating for the company in a research report on Wednesday, October 29th. Wall Street Zen cut CommVault Systems from a "buy" rating to a "hold" rating in a report on Saturday, November 1st. Finally, Zacks Research cut shares of CommVault Systems from a "strong-buy" rating to a "strong sell" rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $195.10.
Read Our Latest Research Report on CommVault Systems
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Frank Rimerman Advisors LLC lifted its holdings in shares of CommVault Systems by 3.8% in the 1st 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. boosted its position in CommVault Systems by 43.8% during the third quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker's stock valued at $46,000 after buying an additional 74 shares during the period. GAMMA Investing LLC increased its holdings in shares of CommVault Systems by 6.0% in the second quarter. GAMMA Investing LLC now owns 1,422 shares of the software maker's stock worth $248,000 after buying an additional 80 shares during the period. JSF Financial LLC lifted its stake in shares of CommVault Systems by 1.1% in the 3rd quarter. JSF Financial LLC now owns 7,345 shares of the software maker's stock valued at $1,387,000 after acquiring an additional 82 shares during the last quarter. Finally, Vident Advisory LLC increased its stake in shares of CommVault Systems by 0.3% in the first quarter. Vident Advisory LLC now owns 27,107 shares of the software maker's stock worth $4,276,000 after buying an additional 91 shares during the period. 93.50% of the stock is currently owned by institutional investors.
CommVault Systems Company Profile
(
Get Free Report)
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.
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