Large Inflow of Money Witnessed in CommVault Systems

CommVault Systems (NASDAQ:CVLT) : The money flow analysis of CommVault Systems (NASDAQ:CVLT) indicates a $3.14 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $3.73 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.19 and so was the total money flow at $0.59 million. The bulls lapped up $0.43 million worth of block trades on upticks. The money flow was $0.43 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of CommVault Systems (NASDAQ:CVLT), pushing it down by -0.02% for the day. The stock slid $0.01 and traded at $42.6 during the day. Nonetheless, the stock is -0.75% over the previous weeks close.


In an insider trading activity,The officer (Chief Accounting Officer) of Commvault Systems Inc, Merrill Gary sold 1,037 shares at $44.23 on May 23, 2016. The Insider selling transaction had a total value worth of $45,867. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 13.5% of CommVault Systems shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.32% . Institutional Investors own 96.43% of CommVault Systems shares. During last six month period, the net percent change held by insiders has seen a change of -4.28%.

The company shares have rallied 3.88% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $47.42 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $44.97 and the 200 Day Moving Average price is recorded at $40.51. CommVault Systems (NASDAQ:CVLT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.22 and $42.46 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $42.70, notching a gain of 0.21% for the day. The total traded volume was 648,559 . The stock had closed at $42.61 on the previous day.

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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