Veeva Systems Inc. $VEEV Position Lessened by Kestra Advisory Services LLC

Posted by Stanley Muller on Jul 26th, 2026

Kestra Advisory Services LLC decreased its position in shares of Veeva Systems Inc. (NYSE:VEEV – Free Report) by 43.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,948 shares of the technology company’s stock after selling 3,091 shares during the period. Kestra Advisory Services LLC’s holdings in Veeva Systems were worth $693,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VEEV. Williams Jones Wealth Management LLC. increased its position in Veeva Systems by 0.4% in the 3rd quarter. Williams Jones Wealth Management LLC. now owns 9,419 shares of the technology company’s stock worth $2,806,000 after purchasing an additional 40 shares during the last quarter. Personal CFO Solutions LLC lifted its holdings in shares of Veeva Systems by 4.3% during the 4th quarter. Personal CFO Solutions LLC now owns 1,213 shares of the technology company’s stock valued at $271,000 after buying an additional 50 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in shares of Veeva Systems by 0.7% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,881 shares of the technology company’s stock valued at $1,982,000 after buying an additional 51 shares during the last quarter. Brown Brothers Harriman & Co. lifted its holdings in shares of Veeva Systems by 8.1% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 719 shares of the technology company’s stock valued at $214,000 after buying an additional 54 shares during the last quarter. Finally, Northwest Wealth Management LLC grew its stake in shares of Veeva Systems by 6.1% in the 4th quarter. Northwest Wealth Management LLC now owns 956 shares of the technology company’s stock valued at $213,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 88.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on VEEV shares. Wells Fargo & Company increased their price objective on Veeva Systems from $317.00 to $320.00 and gave the stock an “overweight” rating in a report on Thursday, June 4th. Weiss Ratings upgraded shares of Veeva Systems from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Raymond James Financial restated an “outperform” rating and set a $225.00 price target on shares of Veeva Systems in a report on Thursday, June 4th. Barclays reduced their price objective on shares of Veeva Systems from $250.00 to $235.00 and set an “overweight” rating for the company in a research note on Thursday, June 4th. Finally, Stifel Nicolaus decreased their price objective on shares of Veeva Systems from $245.00 to $230.00 and set a “buy” rating for the company in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $247.08.

View Our Latest Analysis on Veeva Systems

Veeva Systems News Roundup

Here are the key news stories impacting Veeva Systems this week:

Positive Sentiment: Guggenheim upgraded Veeva Systems to strong-buy and later set a $232 price target, implying meaningful upside from current levels. Tickerreport.com
Positive Sentiment: Investor interest is being supported by articles highlighting Veeva as a cash-heavy stock with financial stability, which may appeal to defensive growth investors. Yahoo Finance
Positive Sentiment: Recent commentary points to steady execution and attractive P/E multiples, reinforcing the view that Veeva’s fundamentals remain solid ahead of its next earnings report. Seeking Alpha
Neutral Sentiment: Several recent articles focus on what to expect from Veeva’s next earnings release and broader analyst sentiment, suggesting the stock may remain sensitive to upcoming guidance and results. MSN
Negative Sentiment: The stock had recently declined more than the broader market, reminding investors that near-term volatility remains a risk despite the positive analyst coverage. Yahoo Finance

Insider Transactions at Veeva Systems

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

Veeva Systems Stock Up 3.6%

Shares of Veeva Systems stock opened at $186.06 on Friday. The stock has a market capitalization of $30.22 billion, a P/E ratio of 33.17, a PEG ratio of 0.80 and a beta of 0.94. The stock has a 50 day moving average price of $174.59 and a two-hundred day moving average price of $181.60. Veeva Systems Inc. has a 12-month low of $148.05 and a 12-month high of $310.50.

Veeva Systems (NYSE:VEEV – Get Free Report) last released its quarterly earnings results on Wednesday, June 3rd. The technology company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.10. Veeva Systems had a net margin of 28.37% and a return on equity of 13.72%. The company had revenue of $882.95 million for the quarter, compared to analyst estimates of $857.73 million. During the same quarter last year, the firm posted $1.97 earnings per share. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. Veeva Systems has set its FY 2027 guidance at 9.050-9.050 EPS and its Q2 2027 guidance at 2.210-2.220 EPS. Sell-side analysts anticipate that Veeva Systems Inc. will post 6.65 earnings per share for the current year.

Veeva Systems Company 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.