Large Outflow of Money Witnessed in CommVault Systems

CommVault Systems (CVLT) : The total money flow in CommVault Systems (CVLT) was negative ($0.49 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $0.52 million. In comparison, the inflow of money into the stock on upticks was $0.03 million. The uptick to downtick ratio was 0.06. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0.51 million. The negative money flow of ($0.51 million) confirms the selling in CommVault Systems (CVLT) on strength. CommVault Systems (CVLT) gained $0.24 at $45.49, a gain of 0.53% over the previous days close. However, the stock registered 2.85% in the week.


CommVault Systems, Inc. is up 5.04% in the last 3-month period. Year-to-Date the stock performance stands at 17.53%. Shares of CommVault Systems, Inc. rose by 3.86% in the last five trading days and 2.26% for the last 4 weeks. In a related news, The officer (Chief Accounting Officer), of Commvault Systems Inc, Merrill Gary had unloaded 1,037 shares at $44.23 per share in a transaction on May 23, 2016. The total value of transaction was $45,867. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

CommVault Systems (NASDAQ:CVLT): stock turned positive on Monday. Though the stock opened at $44.99, the bulls momentum made the stock top out at $46.32 level for the day. The stock recorded a low of $44.99 and closed the trading day at $46.25, in the green by 2.21%. The total traded volume for the day was 651,715. The stock had closed at $45.25 in the previous days trading.

CommVault Systems, Inc. (CommVault) is a provider of data and information management software applications and related services. The Company develops market and sell data and information management software applications under the Simpana Software brand. The Company develops, markets and sells a suite of software applications and services, primarily in North America, Europe, Australia and Asia, that provides its customers with data protection, including backup and recovery; data migration and archiving; snapshot management and replication of data; integrated source, and target data deduplication; eDiscovery and compliance solutions; self-service access; a secure virtual repository using simpana contentStore; enterprise-wide search capabilities; protection, recovery and discovery of data in virtual server and cloud environments; and robust built-in analytics and troubleshooting tools. Company also provides its customers with a range of professional and customer support services.

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