Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Commvault Systems Inc shares valued at $929,178 were purchased by SANJAY MIRCHANDANI on Feb 19 ’25. At $185.84 per share, SANJAY MIRCHANDANI acquired 5,000 shares.
Also, GARY D MERRILL purchased 872 shares, netting a total of over 165,191 in proceeds.
Before that, SANJAY MIRCHANDANI had added 8,329 shares to its account. In a trade valued at $1,565,019, the DIRECTOR bought Commvault Systems Inc shares for $187.90 each.
As published in a research note from William Blair on January 30, 2025, Commvault Systems Inc [CVLT] has been rated up from a Mkt perform to an Outperform. Analysts at Cantor Fitzgerald started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid January. As of January 16, 2025, KeyBanc Capital Markets has initiated its “an Overweight” rating for CVLT. Earlier on November 13, 2024, Oppenheimer initiated its rating. Their recommendation was “an Outperform” for CVLT stock.
Analyzing CVLT Stock Performance
During the last five days, there has been a surge of approximately 4.19%. Over the course of the year, Commvault Systems Inc shares have jumped approximately 23.27%. Shares of the company reached a 52-week high of $190.11 on 02/18/25 and a 52-week low of $133.04 on 01/28/25. A 50-day SMA is recorded $164.81, while a 200-day SMA reached $145.59. Nevertheless, trading volume fell to 0.54 million shares from 0.53 million shares the previous day.
Support And Resistance Levels for Commvault Systems Inc (CVLT)
According to the 24-hour chart, there is a support level at 183.43, which, if violated, would cause prices to drop to 180.84. In the upper region, resistance lies at 189.08. The next price resistance is at 192.14. RSI (Relative Strength Index) is 69.81 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 11.86, which suggests the price will increase in the coming days. Percent R is at 10.00%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
