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CommVault Systems Inc. (CVLT) Vice President and CFO Louis Miceli sells 7,502 Shares

September 07, 2010 | About:
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Vice President and CFO of CommVault Systems Inc. (CVLT) Louis Miceli sells 7,502 shares of CVLT on 09/02/2010 at an average price of $26.02 a share.

Commvault Systems Inc. has a market cap of $1.12 billion; its shares were traded at around $25.86 with a P/E ratio of 58.77 and P/S ratio of 4.12.

CVLT is in the portfolios of Ron Baron of Baron Funds, Steven Cohen of SAC Capital Advisors.

This is the annual revenues and earnings per share of CVLT over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of CVLT.


CEO Recent Trades:


  • Sell: Chairman, President & CEO N Robert Hammer sold 200,000 shares of CVLT stock on 08/24/2010 at the average price of 24. N Robert Hammer owns at least 2,644,265 shares after this. The price of the stock has increased by 7.75% since.

  • Sell: Chairman, President & CEO N Robert Hammer sold 200,000 shares of CVLT stock on 05/17/2010 at the average price of 23.38. N Robert Hammer owns at least 2,645,382 shares after this. The price of the stock has increased by 10.61% since.



This is the insider trade history vs. stock price of CVLT. For the complete insider trading history of CVLT, click here.




Directors and Officers Recent Trades:


  • Sell: VP, Mkt & Bus. Development David R West sold 5,441 shares of CVLT stock on 08/23/2010 at the average price of 23.88. David R West owns at least 20,738 shares after this. The price of the stock has increased by 8.29% since.

  • Sell: VP Finance and CAO Brian Carolan sold 1,001 shares of CVLT stock on 08/23/2010 at the average price of 23.59. Brian Carolan owns at least 10,561 shares after this. The price of the stock has increased by 9.62% since.

  • Sell: VP Finance and CAO Brian Carolan sold 15,000 shares of CVLT stock on 08/13/2010 at the average price of 19.35. Brian Carolan owns at least 11,663 shares after this. The price of the stock has increased by 33.64% since.

  • Sell: VP Finance and CAO Brian Carolan sold 7,500 shares of CVLT stock on 06/17/2010 at the average price of 23.33. Brian Carolan owns at least 11,783 shares after this. The price of the stock has increased by 10.84% since.

  • Sell: VP Finance and CAO Brian Carolan sold 2,500 shares of CVLT stock on 05/18/2010 at the average price of 24. Brian Carolan owns at least 12,007 shares after this. The price of the stock has increased by 7.75% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rating: 3.0/5 (1 vote)

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