Nwam LLC lifted its holdings in shares of Veeva Systems Inc. (NYSE:VEEV – Free Report) by 16.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,385 shares of the technology company’s stock after acquiring an additional 2,301 shares during the quarter. Nwam LLC’s holdings in Veeva Systems were worth $2,908,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in VEEV. SHP Wealth Management purchased a new position in Veeva Systems in the fourth quarter valued at about $26,000. Arlington Trust Co LLC purchased a new stake in shares of Veeva Systems in the second quarter worth about $29,000. Field & Main Bank acquired a new stake in shares of Veeva Systems in the second quarter valued at about $29,000. MV Capital Management Inc. acquired a new stake in shares of Veeva Systems in the fourth quarter valued at about $30,000. Finally, Reflection Asset Management purchased a new stake in shares of Veeva Systems during the 4th quarter valued at about $32,000. 88.20% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts recently commented on the company. BNP Paribas Exane reissued an “outperform” rating and set a $285.00 price target on shares of Veeva Systems in a research report on Thursday, June 4th. Evercore reiterated an “outperform” rating and set a $185.00 price objective on shares of Veeva Systems in a research note on Thursday, June 4th. Needham & Company LLC boosted their target price on shares of Veeva Systems from $270.00 to $310.00 and gave the stock a “buy” rating in a research report on Thursday, August 27th. Stifel Nicolaus set a $300.00 price target on shares of Veeva Systems in a report on Thursday, August 27th. Finally, The Goldman Sachs Group dropped their price target on shares of Veeva Systems from $190.00 to $165.00 and set a “sell” rating on the stock in a research note on Thursday, June 4th. Nineteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Veeva Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $284.46.
Key Stories Impacting Veeva Systems
Here are the key news stories impacting Veeva Systems this week:
- Positive Sentiment: Veeva announced Veeva Falcon Safety, an agentic safety-operations product designed to automate adverse-event intake, case processing, and follow-up across all E2B-compliant safety systems and intake channels. The offering could reduce costs, accelerate workflows, and strengthen compliance for biopharmaceutical customers. Veeva Falcon Safety announcement
- Positive Sentiment: Recent results remain a support for the stock: Veeva reported quarterly revenue of approximately $928 million, up 17.6% year over year, and EPS of $2.35 versus the $2.23 consensus estimate. Management’s call highlighted accelerating Vault CRM adoption and sustained growth. Veeva Q2 2027 earnings call transcript
- Neutral Sentiment: Michael Burry trimmed his Veeva position after the stock nearly doubled, reportedly following a trade-management rule to take profits. The move may attract attention, but it appears to reflect portfolio management rather than a specific deterioration in Veeva’s business outlook. Michael Burry trims Veeva position
- Negative Sentiment: Insider Thomas Schwenger sold 10,000 shares for approximately $2.8 million, reducing his direct stake by about 34%. Because the sale was conducted under a pre-arranged Rule 10b5-1 plan, it is a relatively limited bearish signal, but it can still weigh on sentiment following Veeva’s sharp rally. Veeva insider sale
- Negative Sentiment: With Veeva trading near its 12-month high and at roughly 46 times earnings, investors may be locking in gains and demanding continued strong execution. Profit-taking by prominent investors and the insider sale provide near-term selling pressure despite the company’s favorable growth profile.
Insider Buying and Selling at Veeva Systems
In related news, insider Thomas D. Schwenger sold 10,000 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $281.33, for a total transaction of $2,813,300.00. Following the completion of the sale, the insider owned 19,449 shares of the company’s stock, valued at $5,471,587.17. This represents a 33.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 10.60% of the stock is currently owned by corporate insiders.
Veeva Systems Trading Down 2.2%
Shares of NYSE VEEV opened at $279.34 on Wednesday. The company has a market capitalization of $45.38 billion, a price-to-earnings ratio of 45.94, a price-to-earnings-growth ratio of 1.22 and a beta of 0.97. Veeva Systems Inc. has a twelve month low of $148.05 and a twelve month high of $310.50. The business has a 50 day simple moving average of $213.52 and a 200-day simple moving average of $185.80.
Veeva Systems (NYSE:VEEV – Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The technology company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $2.23 by $0.12. Veeva Systems had a net margin of 29.34% and a return on equity of 14.25%. The firm had revenue of $927.96 million during the quarter, compared to the consensus estimate of $905.38 million. During the same quarter in the previous year, the company posted $1.99 earnings per share. The firm’s revenue was up 17.6% on a year-over-year basis. Veeva Systems has set its FY 2027 guidance at 9.210-9.210 EPS and its Q3 2027 guidance at 2.330-2.340 EPS. As a group, equities analysts predict that Veeva Systems Inc. will post 6.7 earnings per share for the current year.
Veeva Systems Profile
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.
Read More
- Five stocks we like better than Veeva Systems
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Want to see what other hedge funds are holding VEEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Veeva Systems Inc. (NYSE:VEEV – Free Report).
Receive News & Ratings for Veeva Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veeva Systems and related companies with MarketBeat.com's FREE daily email newsletter.
