Veeva Systems (NYSE:VEEV) EVP Daniel Rizzo Sells 4,841 Shares of Company Stock

Posted by Geri Gentry on Oct 5th, 2026

Veeva Systems Inc. (NYSE:VEEV – Get Free Report) EVP Daniel Rizzo sold 4,841 shares of Veeva Systems stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $276.51, for a total transaction of $1,338,584.91. Following the completion of the transaction, the executive vice president directly owned 7,665 shares of the company’s stock, valued at $2,119,449.15. This trade represents a 38.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Veeva Systems Trading Up 3.7%

VEEV traded up $10.00 on Monday, hitting $283.33. 1,318,362 shares of the company’s stock were exchanged, compared to its average volume of 2,361,988. The firm has a market cap of $45.87 billion, a PE ratio of 46.60, a P/E/G ratio of 1.17 and a beta of 0.93. Veeva Systems Inc. has a twelve month low of $148.05 and a twelve month high of $310.50. The stock has a fifty day moving average of $252.60 and a two-hundred day moving average of $200.16.

Veeva Systems (NYSE:VEEV – Get Free Report) last issued its 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 company had revenue of $927.96 million during the quarter, compared to the consensus estimate of $905.38 million. Veeva Systems had a return on equity of 14.25% and a net margin of 29.34%.Veeva Systems’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.99 earnings per share. 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. On average, analysts predict that Veeva Systems Inc. will post 6.7 EPS for the current year.

Hedge Funds Weigh In On Veeva Systems

A number of institutional investors and hedge funds have recently bought and sold shares of VEEV. Eastern Bank raised its position in shares of Veeva Systems by 1,142.9% during the 3rd quarter. Eastern Bank now owns 435 shares of the technology company’s stock worth $124,000 after buying an additional 400 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Veeva Systems by 63.1% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 938 shares of the technology company’s stock valued at $268,000 after acquiring an additional 363 shares in the last quarter. CX Institutional boosted its holdings in shares of Veeva Systems by 72.3% in the third quarter. CX Institutional now owns 2,254 shares of the technology company’s stock valued at $643,000 after acquiring an additional 946 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of Veeva Systems by 57.5% during the third quarter. Versant Capital Management Inc now owns 690 shares of the technology company’s stock valued at $197,000 after acquiring an additional 252 shares during the period. Finally, Burkett Financial Services LLC acquired a new position in shares of Veeva Systems during the third quarter valued at approximately $27,000. Institutional investors own 88.20% of the company’s stock.

Analysts Set New Price Targets

VEEV has been the subject of a number of recent research reports. Barclays upped their price objective on Veeva Systems from $275.00 to $315.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Mizuho boosted their price target on shares of Veeva Systems from $270.00 to $280.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. Jefferies Financial Group restated a “buy” rating and set a $295.00 price target on shares of Veeva Systems in a research report on Thursday, August 27th. Needham & Company LLC increased their price objective on shares of Veeva Systems from $270.00 to $310.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Finally, Royal Bank Of Canada lifted their price objective on shares of Veeva Systems from $275.00 to $325.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Nineteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Veeva Systems currently has an average rating of “Moderate Buy” and a consensus price target of $284.88.

View Our Latest Stock Report on Veeva Systems

Veeva Systems Company Profile

(Get Free Report)

Veeva Systems Inc is a cloud software company that provides applications and services for the life sciences industry. Its customers include pharmaceutical, biotechnology, medical device and other organizations involved in developing, manufacturing and commercializing regulated products.

The company’s product portfolio includes the Veeva Vault platform, which supports areas such as clinical operations, regulatory affairs, quality management, safety and medical communications. Veeva also offers commercial and customer relationship management applications, data and analytics products, and services designed to help life sciences companies manage relationships with healthcare professionals, oversee content and improve operational efficiency.

Founded in 2007, Veeva serves customers globally and has expanded its offerings from commercial software into research, development, manufacturing and quality processes.