Veeva Systems Inc (VEEV) SVP Frederic Lequient Sells 2,875 Shares
Veeva Systems Inc (NYSE:VEEV) SVP Frederic Lequient sold 2,875 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $57.32, for a total value of $164,795.00. Following the completion of the sale, the senior vice president now directly owns 3,399 shares of the company’s stock, valued at approximately $194,830.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Frederic Lequient also recently made the following trade(s):
- On Wednesday, September 6th, Frederic Lequient sold 1,775 shares of Veeva Systems stock. The stock was sold at an average price of $58.75, for a total value of $104,281.25.
Veeva Systems Inc (NYSE VEEV) traded up $0.52 during trading hours on Tuesday, hitting $57.77. The stock had a trading volume of 2,117,446 shares, compared to its average volume of 1,304,216. The stock has a market capitalization of $8,247.10, a price-to-earnings ratio of 100.78, a PEG ratio of 4.87 and a beta of 1.60. Veeva Systems Inc has a 52-week low of $40.50 and a 52-week high of $68.07.
Several analysts have issued reports on the company. Zacks Investment Research lowered Veeva Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, October 24th. BidaskClub raised Veeva Systems from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 20th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $67.00 target price on shares of Veeva Systems in a research note on Friday, October 13th. Needham & Company LLC reaffirmed a “buy” rating on shares of Veeva Systems in a research note on Thursday, October 12th. Finally, JMP Securities reaffirmed a “buy” rating and issued a $70.00 target price on shares of Veeva Systems in a research note on Saturday, August 26th. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Veeva Systems presently has a consensus rating of “Buy” and an average target price of $67.45.
Several large investors have recently added to or reduced their stakes in the company. GSA Capital Partners LLP boosted its stake in shares of Veeva Systems by 28.3% during the third quarter. GSA Capital Partners LLP now owns 19,500 shares of the technology company’s stock valued at $1,100,000 after purchasing an additional 4,300 shares during the period. Americafirst Capital Management LLC purchased a new stake in shares of Veeva Systems during the third quarter valued at approximately $630,000. ICICI Prudential Asset Management Co Ltd purchased a new stake in shares of Veeva Systems during the third quarter valued at approximately $344,000. Neuberger Berman Group LLC purchased a new stake in shares of Veeva Systems during the third quarter valued at approximately $13,164,000. Finally, California Public Employees Retirement System boosted its stake in shares of Veeva Systems by 8.3% during the third quarter. California Public Employees Retirement System now owns 214,929 shares of the technology company’s stock valued at $12,124,000 after purchasing an additional 16,429 shares during the period. 72.38% of the stock is owned by hedge funds and other institutional investors.
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Veeva Systems Company Profile
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.
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