Starboard launches proxy fight at Commvault, nominates six to board [Reuters]
Commvault Systems, Inc. (CVLT)
Last commvault systems, inc. earnings: 1/29 07:40 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.commvault.com
Company Research
Source: Reuters
Starboard launches proxy fight at Commvault, nominates six to board BOSTON, April 9 (Reuters) - Starboard Value has nominated six directors to the board at Commvault, setting the stage for a second battle in two years between the U.S. data protection and data management software company and an activist hedge fund. Starboard on Thursday told the company that it is nominating six people, including Jeffrey Smith, Starboard’s chief executive, and Gavin Molinelli, a co-portfolio manager at the firm. Commvault has 11 board members. The New York-based hedge fund now owns 9.91% of the Tinton Falls, NJ-headquartered company, having raised its stake modestly from the 9.3% it owned when it first made a mandatory regulatory filing with the Securities and Exchange Commission on March 30. News that Starboard had built a position in Commvault helped push the stock price higher over the last days, and it closed trading on Thursday at $41.79, up 2.5%. Starboard’s average purchase price was $35.76. Sta
Show less
Read more
Impact Snapshot
Event Time:
CVLT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVLT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVLT alerts
High impacting Commvault Systems, Inc. news events
Weekly update
A roundup of the hottest topics
CVLT
News
- Commvault Systems (CVLT) Stock Slides as Market Rises: Facts to Know Before You Trade [Yahoo! Finance]Yahoo! Finance
- Commvault Announces CFO Transition [Yahoo! Finance]Yahoo! Finance
- PTC appoints new CFO [Seeking Alpha]Seeking Alpha
- Commvault Announces CFO TransitionPR Newswire
- Commvault (CVLT): Has the Recent Share Price Pullback Opened Up a Valuation Opportunity? [Yahoo! Finance]Yahoo! Finance
CVLT
Earnings
- 10/28/25 - Beat
CVLT
Sec Filings
- 12/4/25 - Form 8-K
- 12/3/25 - Form 144
- 11/20/25 - Form 4
- CVLT's page on the SEC website