Veeva Systems Inc. $VEEV Stock: Rakuten Investment Management Inc. Raises Holdings

Posted by Francis Steltz on Nov 6th, 2026

Rakuten Investment Management Inc. boosted its position in Veeva Systems Inc. (NYSE:VEEV – Free Report) by 8.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 26,793 shares of the technology company’s stock after buying an additional 2,096 shares during the period. Rakuten Investment Management Inc.’s holdings in Veeva Systems were worth $7,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of VEEV. Provenance Wealth Advisors LLC lifted its position in shares of Veeva Systems by 2,192.0% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 573 shares of the technology company’s stock valued at $164,000 after acquiring an additional 548 shares during the period. IPG Investment Advisors LLC acquired a new stake in shares of Veeva Systems in the 3rd quarter valued at approximately $2,318,000. BOCHK Asset Management Ltd grew its stake in shares of Veeva Systems by 1,320,000.0% during the third quarter. BOCHK Asset Management Ltd now owns 26,402 shares of the technology company’s stock worth $7,536,000 after buying an additional 26,400 shares during the last quarter. Greenleaf Trust grew its position in Veeva Systems by 16.2% during the 3rd quarter. Greenleaf Trust now owns 1,700 shares of the technology company’s stock worth $485,000 after acquiring an additional 237 shares during the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. acquired a new position in shares of Veeva Systems in the third quarter valued at approximately $293,000. Institutional investors own 88.20% of the company’s stock.

Veeva Systems Stock Down 0.5%

Shares of VEEV stock opened at $309.14 on Friday. The firm has a market cap of $50.05 billion, a P/E ratio of 50.18, a PEG ratio of 1.33 and a beta of 0.89. The company has a 50 day moving average of $288.82 and a 200-day moving average of $211.51. Veeva Systems Inc. has a 12-month low of $148.05 and a 12-month high of $325.99.

Veeva Systems (NYSE:VEEV – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The technology company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.23 by $0.12. The firm had revenue of $927.96 million for the quarter, compared to analysts’ expectations of $905.38 million. Veeva Systems had a return on equity of 14.25% and a net margin of 29.34%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.99 EPS. 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 expect that Veeva Systems Inc. will post 6.70 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Stifel Nicolaus set a $300.00 price objective on Veeva Systems in a report on Thursday, August 27th. Mizuho set a $345.00 target price on shares of Veeva Systems in a research report on Thursday, October 29th. Piper Sandler increased their price target on Veeva Systems from $295.00 to $320.00 and gave the stock an “overweight” rating in a report on Thursday, August 27th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $295.00 price objective (up from $250.00) on shares of Veeva Systems in a research note on Thursday, August 27th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $330.00 target price (up from $320.00) on shares of Veeva Systems in a research report on Tuesday, September 8th. Nineteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Veeva Systems presently has an average rating of “Moderate Buy” and an average target price of $300.54.

View Our Latest Analysis on VEEV

Insider Buying and Selling

In other news, insider Thomas Schwenger sold 36,000 shares of Veeva Systems stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $250.23, for a total value of $9,008,280.00. Following the completion of the transaction, the insider directly owned 19,449 shares in the company, valued at approximately $4,866,723.27. The trade was a 64.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Priscilla Hung sold 750 shares of Veeva Systems stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $261.04, for a total value of $195,780.00. Following the transaction, the director directly owned 3,242 shares of the company’s stock, valued at $846,291.68. The trade was a 18.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 56,789 shares of company stock valued at $14,913,889 over the last three months. Insiders own 10.60% of the company’s stock.

About Veeva Systems

(Free Report)

Veeva Systems Inc is a cloud software company that develops technology for the life sciences industry. Its customers include pharmaceutical, biotechnology, medical device and other healthcare companies that use Veeva’s applications to manage commercial, clinical, regulatory, quality and operational processes.

The company’s Veeva Vault platform provides cloud applications for areas such as clinical data management, electronic trial management, regulatory information, quality management, safety and content management.