Commvault Systems Inc’s filing revealed that its Chief Commercial Officer Merrill Gary unloaded Company’s shares for reported $0.61 million on Feb 19 ’25. In the deal valued at $186.94 per share,3,287 shares were sold. As a result of this transaction, Merrill Gary now holds 87,316 shares worth roughly $14.9 million.
Then, Mirchandani Sanjay sold 12,318 shares, generating $2,290,627 in total proceeds. Upon selling the shares at $185.96, the President & CEO now owns 427,231 shares.
Before that, GARY D MERRILL bought 1,479 shares. Commvault Systems Inc shares valued at $268,163 were divested by the Officer at a price of $181.31 per share.
William Blair upgraded its Commvault Systems Inc [CVLT] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”a Neutral”‘ rating. KeyBanc Capital Markets began covering CVLT with “an Overweight” recommendation on January 16, 2025. Oppenheimer started covering the stock on November 13, 2024. It rated CVLT as “an Outperform”.
Price Performance Review of CVLT
On Friday, Commvault Systems Inc [NASDAQ:CVLT] saw its stock fall -7.72% to $170.61. Over the last five days, the stock has lost -7.05%. Commvault Systems Inc shares have risen nearly 13.05% since the year began. Nevertheless, the stocks have risen 84.80% over the past one year. While a 52-week high of $190.11 was reached on 02/18/25, a 52-week low of $90.32 was recorded on 01/28/25. SMA at 50 days reached $164.96, while 200 days put it at $146.31.
Levels Of Support And Resistance For CVLT Stock
The 24-hour chart illustrates a support level at 165.52, which if violated will result in even more drops to 160.42. On the upside, there is a resistance level at 180.50. A further resistance level may holdings at 190.38. The Relative Strength Index (RSI) on the 14-day chart is 48.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 52.77%. Stochastics %K at 74.36% indicates the stock is a holding.
