Danielle Nicole Abrahamsen Sells 101 Shares of CommVault Systems (NASDAQ:CVLT) Stock

May 27, 2026 by InsiderTrades.com

Key Points

CommVault CFO Gary Merrill sold 3,777 shares on May 22 at an average price of $107.39, for about $405,612. The sale was made under a pre-arranged Rule 10b5-1 plan and was tied to tax withholding on vested equity awards.
Merrill has also made several other recent stock sales, including additional transactions on May 18, May 19, and May 26. Taken together, the sales slightly reduced his direct stake but appear to be routine equity-compensation related activity.
CommVault recently beat quarterly earnings estimates, posting $1.28 EPS on revenue of $311.69 million, with revenue up 13.3% year over year. Despite the solid results, the stock remains in focus due to legal overhang from a securities class action and mixed analyst sentiment.

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 approximately $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 available at this hyperlink. 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.

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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 transaction 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 transaction 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 transaction 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 transaction of $96,681.00.

CommVault Systems Stock Performance

NASDAQ CVLT opened at $108.09 on Wednesday. The firm 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 50 day moving average of $91.54 and a 200-day moving average of $103.65. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 117.54. CommVault Systems, Inc. has a 1-year low of $71.75 and a 1-year high of $200.68.

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CommVault Systems (NASDAQ:CVLT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The software maker reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.19. The company had revenue of $311.69 million during the quarter, compared to analyst estimates of $306.71 million. CommVault Systems had a net margin of 5.97% and a return on equity of 51.64%. The company's revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the business posted $1.03 earnings per share. On average, equities analysts forecast that CommVault Systems, Inc. will post 2.86 earnings per share for the current fiscal year.

Institutional Trading of CommVault Systems

Several hedge funds have recently modified their holdings of CVLT. Tudor Investment Corp ET AL bought a new stake in shares of CommVault Systems during the third quarter valued at approximately $1,887,800,000. First Trust Advisors LP grew its stake in shares of CommVault Systems by 1,335.8% during the third quarter. First Trust Advisors LP now owns 1,224,856 shares of the software maker's stock valued at $231,228,000 after purchasing an additional 1,139,547 shares during the last quarter. M&T Bank Corp grew its stake in shares of CommVault Systems by 22,133.9% during the fourth quarter. M&T Bank Corp now owns 610,098 shares of the software maker's stock valued at $76,482,000 after purchasing an additional 607,354 shares during the last quarter. Westfield Capital Management Co. LP boosted its stake in CommVault Systems by 135.6% in the third quarter. Westfield Capital Management Co. LP now owns 786,175 shares of the software maker's stock valued at $148,414,000 after acquiring an additional 452,422 shares during the last quarter. Finally, TD Asset Management Inc boosted its stake in CommVault Systems by 14,047.5% in the fourth quarter. TD Asset Management Inc now owns 381,982 shares of the software maker's stock valued at $47,885,000 after acquiring an additional 379,282 shares during the last quarter. 93.50% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Commvault Stock: AI Cybersecurity Giant Ready to Double Again

CVLT has been the subject of several recent analyst reports. Scotiabank raised their price objective on shares of CommVault Systems from $105.00 to $110.00 and gave the stock a "sector perform" rating in a report on Wednesday, April 29th. William Blair reissued a "market perform" rating on shares of CommVault Systems in a research note on Monday, March 23rd. Cantor Fitzgerald decreased their price target on shares of CommVault Systems from $144.00 to $100.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 28th. Mizuho decreased their price target on shares of CommVault Systems from $180.00 to $140.00 and set an "outperform" rating on the stock in a research note on Wednesday, January 28th. Finally, Wolfe Research started coverage on shares of CommVault Systems in a research note on Friday, May 1st. They set a "peer perform" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $135.00.

Read Our Latest Stock Analysis on CVLT

CommVault Systems News Roundup

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

Positive Sentiment: Commvault said it will present at the William Blair Growth Conference on June 2, which could help keep investor attention on the company’s growth story and upcoming business updates. Commvault to Present at the William Blair Growth Conference
Neutral Sentiment: Two executives disclosed routine stock sales, but both were made under pre-arranged Rule 10b5-1 plans and were tied to tax withholding on vesting awards, which usually makes them less concerning than discretionary insider selling.
Neutral Sentiment: Chief Financial Officer Gary Merrill sold shares on May 22 and May 26, and Chief Accounting Officer Danielle Nicole Abrahamsen also sold shares on May 22 and May 26; the transactions were small relative to their holdings and were disclosed as part of equity compensation administration.
Negative Sentiment: Multiple law firms issued investor alerts and reminders tied to a class action lawsuit against Commvault over alleged securities-law violations, keeping legal risk front and center for shareholders. CVLT Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in Commvault Systems, Inc. Securities Lawsuit
Negative Sentiment: The lawsuit centers on allegations that Commvault misled investors about ARR growth, following a 31% stock drop after disappointing Q3 2026 results and a reported $1.7 billion market-cap wipeout, which is the biggest near-term overhang on the stock. Commvault Systems (CVLT) Securities Class Action Filed Amid Q3 2026's Apparent Inconsistencies With Prior Growth Narrative and $1.7B Market Cap Wipeout

CommVault Systems Company Profile

(Get Free Report)

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.