Veeva Systems Inc (NYSE:VEEV) insider Eleni Nitsa Zuppas sold 1,338 shares of the firm’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $58.11, for a total transaction of $77,751.18. Following the transaction, the insider now directly owns 10,699 shares of the company’s stock, valued at approximately $621,718.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Eleni Nitsa Zuppas also recently made the following trade(s):

  • On Friday, October 13th, Eleni Nitsa Zuppas sold 13,000 shares of Veeva Systems stock. The shares were sold at an average price of $58.96, for a total transaction of $766,480.00.

Veeva Systems Inc (NYSE:VEEV) traded up $0.52 on Tuesday, hitting $57.77. 2,117,446 shares of the stock traded hands, compared to its average volume of 1,304,216. Veeva Systems Inc has a 52 week low of $40.50 and a 52 week high of $68.07. The firm has a market capitalization of $8,247.10, a PE ratio of 100.78, a PEG ratio of 4.87 and a beta of 1.60.

Veeva Systems (NYSE:VEEV) last posted its quarterly earnings data on Tuesday, December 5th. The technology company reported $0.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.09. Veeva Systems had a net margin of 18.98% and a return on equity of 12.77%. The company had revenue of $176.10 million during the quarter, compared to analysts’ expectations of $171.99 million. During the same period in the prior year, the company posted $0.22 earnings per share. Veeva Systems’s revenue for the quarter was up 23.3% compared to the same quarter last year. equities research analysts expect that Veeva Systems Inc will post 0.65 EPS for the current fiscal year.

Several equities analysts have recently issued reports on VEEV shares. BidaskClub downgraded shares of Veeva Systems from a “strong-buy” rating to a “buy” rating in a research note on Thursday, September 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $70.00 price target on shares of Veeva Systems in a research note on Friday, August 25th. KeyCorp reiterated a “buy” rating and set a $70.00 price objective on shares of Veeva Systems in a research report on Friday, August 25th. Zacks Investment Research upgraded shares of Veeva Systems from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a research report on Wednesday, October 11th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $70.00 price objective on shares of Veeva Systems in a research report on Tuesday, August 22nd. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $67.45.

Several institutional investors and hedge funds have recently bought and sold shares of VEEV. ETF Managers Group LLC acquired a new stake in Veeva Systems in the second quarter worth $101,000. Robeco Institutional Asset Management B.V. acquired a new stake in Veeva Systems in the second quarter worth $102,000. LS Investment Advisors LLC acquired a new stake in Veeva Systems in the second quarter worth $105,000. C M Bidwell & Associates Ltd. grew its holdings in Veeva Systems by 460.0% in the second quarter. C M Bidwell & Associates Ltd. now owns 2,800 shares of the technology company’s stock worth $172,000 after purchasing an additional 2,300 shares during the period. Finally, Harvest Fund Management Co. Ltd grew its holdings in Veeva Systems by 77.2% in the second quarter. Harvest Fund Management Co. Ltd now owns 2,952 shares of the technology company’s stock worth $181,000 after purchasing an additional 1,286 shares during the period. Institutional investors own 72.38% of the company’s stock.

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About Veeva Systems

Veeva Systems Inc (Veeva) is a provider of cloud-based software solutions for the global life sciences industry. The Company offers solutions for a range of requirements within life sciences companies, including multichannel customer relationship management, regulated content and information management, master data management and customer data.

Insider Buying and Selling by Quarter for Veeva Systems (NYSE:VEEV)

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