News headlines about Veeva Systems (NYSE:VEEV) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Veeva Systems earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 47.0571338052672 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern’s rankings:

Several analysts have commented on VEEV shares. JMP Securities reiterated a “buy” rating and set a $70.00 target price on shares of Veeva Systems in a research note on Saturday, August 26th. Needham & Company LLC reiterated a “buy” rating and set a $70.00 target price on shares of Veeva Systems in a research note on Friday, August 25th. KeyCorp reiterated a “buy” rating and set a $70.00 target price on shares of Veeva Systems in a research note on Friday, August 25th. Canaccord Genuity reiterated a “buy” rating and set a $70.00 target price on shares of Veeva Systems in a research note on Tuesday, August 22nd. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $67.00 target price on shares of Veeva Systems in a research note on Friday, October 13th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $67.45.

Shares of Veeva Systems (NYSE:VEEV) traded up $0.44 during mid-day trading on Wednesday, hitting $57.10. The stock had a trading volume of 1,226,179 shares, compared to its average volume of 1,325,392. Veeva Systems has a 1 year low of $40.50 and a 1 year high of $68.07. The company has a market capitalization of $7,970.00, a PE ratio of 94.66, a price-to-earnings-growth ratio of 4.53 and a beta of 1.60.

Veeva Systems (NYSE:VEEV) last issued its earnings results on Tuesday, December 5th. The technology company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.09. Veeva Systems had a return on equity of 12.21% and a net margin of 19.97%. The firm had revenue of $176.10 million for the quarter, compared to analysts’ expectations of $171.99 million. During the same period in the previous year, the firm posted $0.22 earnings per share. The business’s revenue was up 23.3% compared to the same quarter last year. research analysts expect that Veeva Systems will post 0.68 earnings per share for the current fiscal year.

In other news, CFO Timothy S. Cabral sold 50,000 shares of the company’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $55.74, for a total transaction of $2,787,000.00. Following the transaction, the chief financial officer now directly owns 50,000 shares of the company’s stock, valued at $2,787,000. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Alan Mateo sold 913 shares of the company’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $59.14, for a total value of $53,994.82. The disclosure for this sale can be found here. Insiders sold 225,029 shares of company stock valued at $12,945,668 in the last quarter. 17.50% of the stock is owned by company insiders.

WARNING: This story was first posted by Watch List News and is the property of of Watch List News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of international copyright laws. The legal version of this story can be viewed at https://www.watchlistnews.com/veeva-systems-veev-receives-news-sentiment-score-of-0-22/1775145.html.

About Veeva Systems

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)

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.