On May 1, 2024, Martha Bejar, Director at CommVault Systems Inc (CVLT, Financial), sold 6,000 shares of the company. The transaction was filed on the same day with the SEC.
CommVault Systems Inc (CVLT, Financial) specializes in data protection and information management software applications and related services. The company develops, markets, and sells a suite of software applications and services, primarily in North America, Europe, Australia, and Asia.
The shares were sold at a price of $103.23 each, totaling approximately $619,380. This sale by the insider is part of a broader trend observed over the past year at CommVault Systems Inc (CVLT, Financial), where there have been 29 insider sells and no insider buys.
The market cap of CommVault Systems Inc (CVLT, Financial) stands at $4.69 billion. The stock's price-earnings ratio is 28.57, which is above the industry median of 27.45.
According to the GF Value, the intrinsic value of CommVault Systems Inc (CVLT, Financial) is estimated at $75.82 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.36.
The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
For more details on insider transactions at CommVault Systems Inc (CVLT, Financial), refer to the official SEC Filing.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
