Insider Selling: CommVault Systems (NASDAQ:CVLT) CFO Sells $405,612.03 in Stock

Posted by Tammy Falkenburg on May 29th, 2026

CommVault Systems, Inc. (NASDAQ:CVLT – Get Free Report) CFO Gary Merrill sold 3,777 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 $405,612.03. Following the sale, the chief financial officer directly owned 77,329 shares of the company’s stock, valued at approximately $8,304,361.31. This trade represents a 4.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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.

Gary Merrill also recently made the following trade(s):

On Tuesday, May 26th, Gary Merrill sold 4,554 shares of CommVault Systems stock. The stock was sold at an average price of $106.70, for a total transaction of $485,911.80.
On Tuesday, May 19th, Gary Merrill sold 4,560 shares of CommVault Systems stock. The stock was sold at an average price of $105.10, for a total transaction of $479,256.00.
On Monday, May 18th, Gary Merrill sold 3,098 shares of CommVault Systems stock. The shares were sold at an average price of $104.54, for a total value of $323,864.92.

CommVault Systems Stock Performance

Shares of CVLT opened at $110.73 on Friday. The company has a debt-to-equity ratio of 117.54, a current ratio of 1.95 and a quick ratio of 1.95. The stock has a 50-day moving average of $92.70 and a 200-day moving average of $103.40. The company has a market cap of $4.57 billion, a PE ratio of 69.64 and a beta of 0.77. CommVault Systems, Inc. has a one year low of $71.75 and a one year high of $200.68.

CommVault Systems (NASDAQ:CVLT – Get Free Report) last issued its earnings results on Tuesday, April 28th. The software maker reported $1.28 EPS for the quarter, beating the consensus estimate of $1.09 by $0.19. The company had revenue of $311.69 million during the quarter, compared to the consensus estimate of $306.71 million. CommVault Systems had a return on equity of 51.64% and a net margin of 5.97%.The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the business posted $1.03 EPS. On average, equities research analysts predict that CommVault Systems, Inc. will post 2.86 EPS for the current fiscal year.

Hedge Funds Weigh In On CommVault Systems

Hedge funds have recently bought and sold shares of the company. Cullen Frost Bankers Inc. boosted its stake in shares of CommVault Systems by 43.8% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 243 shares of the software maker’s stock worth $46,000 after buying an additional 74 shares during the last quarter. JSF Financial LLC boosted 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 worth $1,387,000 after buying an additional 82 shares during the last quarter. Assetmark Inc. boosted 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 worth $41,000 after buying an additional 82 shares during the last quarter. Diversify Wealth Management LLC boosted its stake in shares of CommVault Systems by 1.6% in the 3rd quarter. Diversify Wealth Management LLC now owns 7,060 shares of the software maker’s stock worth $1,333,000 after buying an additional 110 shares during the last quarter. Finally, Optiver Holding B.V. boosted its stake in shares of CommVault Systems by 62.6% in the 3rd quarter. Optiver Holding B.V. now owns 291 shares of the software maker’s stock worth $55,000 after buying an additional 112 shares during the last quarter. 93.50% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Royal Bank Of Canada lifted their price target on shares of CommVault Systems from $100.00 to $110.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 29th. DA Davidson reissued a “buy” rating and issued a $125.00 price target on shares of CommVault Systems in a research report on Monday, April 13th. Zacks Research downgraded shares of CommVault Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Scotiabank lifted their price target on CommVault Systems from $105.00 to $110.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 29th. Finally, Wolfe Research began coverage on CommVault Systems in a research note on Friday, May 1st. They set a “peer perform” rating for the company. 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. Based on data from MarketBeat, CommVault Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.00.

Check Out Our Latest Stock Analysis on CommVault Systems

Key Stories Impacting CommVault Systems

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

Positive Sentiment: Commvault is set to present at the William Blair Growth Conference on June 2, which keeps its growth story visible to investors and may help support sentiment. Commvault to Present at the William Blair Growth Conference
Positive Sentiment: The company’s latest earnings beat expectations, with revenue and EPS both coming in above consensus and revenue rising 13.3% year over year, reinforcing the underlying business momentum.
Neutral Sentiment: Scotiabank recently raised its price target on CVLT to $110, while other analysts kept mostly hold/peer-perform style ratings, leaving the broader Street view constructive but cautious.
Neutral Sentiment: Two executives disclosed modest share sales, but both were made under pre-arranged 10b5-1 plans and were linked to tax withholding on vested equity awards, which typically limits concern.
Negative Sentiment: Multiple law firms issued fresh reminders and investor alerts about the pending securities class action against Commvault, keeping litigation headlines 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% share-price collapse after weak Q3 2026 results and a reported $1.7 billion market-cap wipeout, which remains the biggest overhang on CVLT. 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.