On May 16, 2024, Vivie Lee, Director at CommVault Systems Inc (CVLT, Financial), executed a sale of 2,500 shares of the company. The transaction was filed on the same day with the SEC. The shares were sold at a price of $112.19 each, totaling $280,475.
CommVault Systems Inc 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.
Over the past year, the insider has sold a total of 4,348 shares of CommVault Systems Inc and has not made any purchases. This recent transaction follows a trend observed over the past year, where there have been 30 insider sells and no insider buys.
Shares of CommVault Systems Inc were trading at $112.19 on the day of the sale, giving the company a market cap of approximately $4.83 billion. The price-earnings ratio of the stock stands at 29.59, which is above the industry median of 26.985.
The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.48, based on a GF Value of $76.03. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
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.
