Fideuram Intesa Sanpaolo Private Banking S.P.A. Makes New Investment in Veeva Systems Inc. $VEEV

Posted by George Bondi on May 20th, 2026

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Veeva Systems Inc. (NYSE:VEEV – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 63,799 shares of the technology company’s stock, valued at approximately $14,242,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Veeva Systems by 3.1% in the third quarter. Vanguard Group Inc. now owns 15,429,231 shares of the technology company’s stock worth $4,596,522,000 after buying an additional 457,806 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of Veeva Systems by 4.1% in the third quarter. Alliancebernstein L.P. now owns 5,941,631 shares of the technology company’s stock worth $1,770,071,000 after buying an additional 235,983 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Veeva Systems by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 3,870,293 shares of the technology company’s stock worth $863,978,000 after buying an additional 23,416 shares during the period. State Street Corp boosted its holdings in shares of Veeva Systems by 2.2% in the third quarter. State Street Corp now owns 3,503,730 shares of the technology company’s stock worth $1,043,796,000 after buying an additional 76,397 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Veeva Systems by 4.8% in the third quarter. JPMorgan Chase & Co. now owns 3,476,258 shares of the technology company’s stock worth $1,035,622,000 after buying an additional 159,984 shares during the period. 88.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on VEEV. Citigroup cut shares of Veeva Systems from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $291.00 to $176.00 in a report on Friday, April 10th. Truist Financial reiterated a “buy” rating and issued a $262.00 target price (down from $275.00) on shares of Veeva Systems in a report on Thursday, March 5th. Barclays decreased their target price on shares of Veeva Systems from $305.00 to $250.00 and set an “overweight” rating for the company in a report on Wednesday, February 25th. Canaccord Genuity Group decreased their price target on shares of Veeva Systems from $280.00 to $235.00 and set a “hold” rating for the company in a report on Thursday, March 5th. Finally, Piper Sandler decreased their price target on shares of Veeva Systems from $355.00 to $285.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. Sixteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Veeva Systems presently has an average rating of “Moderate Buy” and an average price target of $276.52.

Check Out Our Latest Research Report on Veeva Systems

Veeva Systems Stock Performance

Shares of VEEV opened at $163.27 on Wednesday. The firm has a market cap of $26.67 billion, a PE ratio of 30.18, a PEG ratio of 0.73 and a beta of 0.92. The firm’s 50 day moving average price is $170.17 and its 200 day moving average price is $206.42. Veeva Systems Inc. has a twelve month low of $148.05 and a twelve month high of $310.50.

Veeva Systems (NYSE:VEEV – Get Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The technology company reported $2.06 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.12. The firm had revenue of $835.95 million for the quarter, compared to analyst estimates of $810.95 million. Veeva Systems had a net margin of 28.44% and a return on equity of 13.80%. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.74 earnings per share. Veeva Systems has set its FY 2027 guidance at 8.850- EPS and its Q1 2027 guidance at 2.130-2.14 EPS. On average, sell-side analysts anticipate that Veeva Systems Inc. will post 6.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Priscilla Hung sold 750 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $155.64, for a total transaction of $116,730.00. Following the transaction, the director owned 3,253 shares of the company’s stock, valued at approximately $506,296.92. This trade represents a 18.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 10.60% of the company’s stock.

Veeva Systems Profile

(Free Report)

Veeva Systems (NYSE: VEEV) is a cloud software company that develops industry-specific applications and data solutions for the global life sciences sector. Founded in 2007 and headquartered in Pleasanton, California, Veeva focuses on helping pharmaceutical, biotechnology, medical device and consumer health companies manage regulated content, clinical and regulatory processes, quality systems, and commercial operations in a compliant, cloud-native environment. The company completed its initial public offering in 2013 and has since expanded its product suite and international footprint.

Veeva’s product portfolio centers on its Vault platform and related application suites, which provide content and data management, clinical trial and regulatory workflows, quality management, and structured commercial capabilities such as customer relationship management and promotional content management.