Commvault jumps 10% amid report the company is exploring a potential sale

Commvault Systems (CVLT) is up 10.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The biggest apparent catalyst is market chatter that Commvault is exploring strategic options, including a possible sale, after attracting takeover interest. A buyout narrative can quickly re-rate a stock, especially after a period of volatility, as investors price in a potential premium.

Details:

Market reports indicated Commvault has been evaluating a potential sale process after receiving inbound interest from multiple parties, including financial sponsors and strategic buyers.

The same reports said the company has been working with an adviser to review options, which can signal that discussions have moved beyond casual speculation.

Commvault recently scheduled its fiscal Q4 2026 earnings webcast for April 28, 2026, which can act as a near-term “event” that focuses attention on the name and encourages positioning.

This could also be amplified by technical factors (e.g., short covering) after recent sharp moves, though that aspect is harder to confirm in real time.

Sources:

Investing.com, Sahm Capital, Morningstar

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CVLT Insider Trading Activity

$CVLT insiders have traded $CVLT stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.

Here’s a breakdown of recent trading of $CVLT stock by insiders over the last 6 months:

SANJAY MIRCHANDANI (President & CEO) has made 0 purchases and 11 sales selling 54,632 shares for an estimated $5,606,365.
GARY MERRILL (Chief Commercial Officer) has made 0 purchases and 4 sales selling 9,004 shares for an estimated $963,078.
JENNIFER LEIGH DIRICO (Chief Financial Officer) sold 830 shares for an estimated $102,571

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$CVLT Hedge Fund Activity

We have seen 174 institutional investors add shares of $CVLT stock to their portfolio, and 290 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

INVESCO LTD. removed 1,033,077 shares (-68.5%) from their portfolio in Q4 2025, for an estimated $129,506,532
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 802,863 shares (-74.8%) from their portfolio in Q4 2025, for an estimated $100,646,905
DRIEHAUS CAPITAL MANAGEMENT LLC removed 638,119 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $79,994,597
M&T BANK CORP added 607,354 shares (+22133.9%) to their portfolio in Q4 2025, for an estimated $76,137,897
MILLENNIUM MANAGEMENT LLC added 600,224 shares (+223.6%) to their portfolio in Q4 2025, for an estimated $75,244,080
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 536,673 shares (-84.2%) from their portfolio in Q4 2025, for an estimated $67,277,327
NEUBERGER BERMAN GROUP LLC removed 497,758 shares (-44.0%) from their portfolio in Q4 2025, for an estimated $62,398,942

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CVLT Congressional Stock Trading

Members of Congress have traded $CVLT stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $CVLT stock by members of Congress over the last 6 months:

REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 12/05.
REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 11/03.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$CVLT Analyst Ratings

Wall Street analysts have issued reports on $CVLT in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Stephens & Co. issued a "Overweight" rating on 01/28/2026
Mizuho issued a "Outperform" rating on 01/21/2026
Oppenheimer issued a "Outperform" rating on 01/21/2026
Keybanc issued a "Overweight" rating on 01/12/2026
DA Davidson issued a "Buy" rating on 11/13/2025
Guggenheim issued a "Buy" rating on 10/16/2025

To track analyst ratings and price targets for $CVLT, check out Quiver Quantitative's $CVLT forecast page.

$CVLT Price Targets

Multiple analysts have issued price targets for $CVLT recently. We have seen 14 analysts offer price targets for $CVLT in the last 6 months, with a median target of $145.0.

Here are some recent targets:

Yun Kim from Loop Capital set a target price of $125.0 on 03/24/2026
Rudy Kessinger from DA Davidson set a target price of $125.0 on 03/17/2026
Todd Weller from Stephens & Co. set a target price of $135.0 on 01/28/2026
Param Singh from Oppenheimer set a target price of $150.0 on 01/28/2026
Dan Bergstrom from RBC Capital set a target price of $100.0 on 01/28/2026
Aaron Rakers from Wells Fargo set a target price of $155.0 on 01/28/2026
Howard Ma from Guggenheim set a target price of $175.0 on 01/28/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.