Veeva Systems Inc. (NYSE:VEEV) Director Gordon Ritter sold 9,600 shares of Veeva Systems stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $61.03, for a total transaction of $585,888.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Gordon Ritter also recently made the following trade(s):

  • On Wednesday, October 18th, Gordon Ritter sold 5,100 shares of Veeva Systems stock. The shares were sold at an average price of $59.16, for a total transaction of $301,716.00.
  • On Tuesday, October 10th, Gordon Ritter sold 5,100 shares of Veeva Systems stock. The shares were sold at an average price of $56.85, for a total transaction of $289,935.00.
  • On Wednesday, October 11th, Gordon Ritter sold 10,200 shares of Veeva Systems stock. The shares were sold at an average price of $57.13, for a total transaction of $582,726.00.
  • On Tuesday, September 26th, Gordon Ritter sold 5,100 shares of Veeva Systems stock. The shares were sold at an average price of $54.55, for a total transaction of $278,205.00.
  • On Wednesday, September 27th, Gordon Ritter sold 10,200 shares of Veeva Systems stock. The stock was sold at an average price of $55.16, for a total transaction of $562,632.00.
  • On Monday, September 11th, Gordon Ritter sold 5,100 shares of Veeva Systems stock. The stock was sold at an average price of $57.72, for a total transaction of $294,372.00.
  • On Tuesday, September 12th, Gordon Ritter sold 10,200 shares of Veeva Systems stock. The stock was sold at an average price of $57.41, for a total transaction of $585,582.00.
  • On Wednesday, August 30th, Gordon Ritter sold 5,100 shares of Veeva Systems stock. The stock was sold at an average price of $57.40, for a total transaction of $292,740.00.
  • On Thursday, August 31st, Gordon Ritter sold 10,200 shares of Veeva Systems stock. The stock was sold at an average price of $57.95, for a total transaction of $591,090.00.
  • On Tuesday, August 8th, Gordon Ritter sold 10,200 shares of Veeva Systems stock. The stock was sold at an average price of $62.91, for a total transaction of $641,682.00.

Shares of Veeva Systems Inc. (NYSE:VEEV) opened at $61.88 on Thursday. Veeva Systems Inc. has a 1 year low of $38.11 and a 1 year high of $68.07. The stock has a market cap of $8,498.15, a P/E ratio of 103.85, a price-to-earnings-growth ratio of 5.02 and a beta of 1.64.

Veeva Systems (NYSE:VEEV) last issued its quarterly earnings data on Thursday, August 24th. The technology company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.03. Veeva Systems had a net margin of 18.98% and a return on equity of 12.77%. The company had revenue of $166.59 million during the quarter, compared to the consensus estimate of $164.26 million. During the same quarter last year, the company earned $0.15 earnings per share. Veeva Systems’s revenue for the quarter was up 26.8% on a year-over-year basis. research analysts predict that Veeva Systems Inc. will post 0.65 earnings per share for the current fiscal year.

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Institutional investors have recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its stake in Veeva Systems by 605.4% during the third quarter. IFP Advisors Inc now owns 13,347 shares of the technology company’s stock worth $753,000 after purchasing an additional 11,455 shares during the last quarter. BlueMountain Capital Management LLC bought a new position in Veeva Systems during the second quarter worth $2,497,000. Oppenheimer & Co. Inc. lifted its stake in Veeva Systems by 62.7% during the second quarter. Oppenheimer & Co. Inc. now owns 14,214 shares of the technology company’s stock worth $871,000 after purchasing an additional 5,478 shares during the last quarter. Rhumbline Advisers lifted its stake in Veeva Systems by 9.2% during the second quarter. Rhumbline Advisers now owns 120,387 shares of the technology company’s stock worth $7,381,000 after purchasing an additional 10,093 shares during the last quarter. Finally, Advisor Group Inc. lifted its stake in Veeva Systems by 44.0% during the second quarter. Advisor Group Inc. now owns 6,785 shares of the technology company’s stock worth $415,000 after purchasing an additional 2,073 shares during the last quarter. Institutional investors own 71.28% of the company’s stock.

Several equities research analysts recently commented on VEEV shares. Zacks Investment Research lowered shares of Veeva Systems from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 27th. BidaskClub lowered shares of Veeva Systems from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 14th. Needham & Company LLC reiterated a “buy” rating and issued a $70.00 price objective on shares of Veeva Systems in a research report on Friday, August 25th. KeyCorp reiterated a “buy” rating and issued a $70.00 price objective on shares of Veeva Systems in a research report on Friday, August 25th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $70.00 price objective on shares of Veeva Systems in a research report on Tuesday, August 22nd. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $65.75.

Veeva Systems Company Profile

Veeva Systems Inc (Veeva) is a provider of cloud-based software solutions for the global life sciences industry. The Company offers solutions for a range of requirements within life sciences companies, including multichannel customer relationship management, regulated content and information management, master data management and customer data.

Insider Buying and Selling by Quarter for Veeva Systems (NYSE:VEEV)

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