Jupiter Asset Management Ltd. Has $16.86 Million Holdings in Veeva Systems Inc. (NYSE:VEEV)

Jupiter Asset Administration Ltd. grew its place in Veeva Techniques Inc. (NYSE:VEEV – Free Report) by 76.5% in the course of the 2nd quarter, in keeping with the corporate in its most up-to-date submitting with the Securities and Change Fee (SEC). The fund owned 85,249 shares of the expertise firm’s inventory after buying a further 36,943 shares in the course of the interval. Jupiter Asset Administration Ltd. owned about 0.05% of Veeva Techniques value $16,861,000 on the finish of the latest quarter.

A number of different giant traders additionally not too long ago made modifications to their positions in VEEV. Barrett & Firm Inc. purchased a brand new stake in Veeva Techniques in the course of the 1st quarter valued at roughly $28,000. Nkcfo LLC acquired a brand new place in shares of Veeva Techniques within the 2nd quarter value roughly $30,000. Resurgent Monetary Advisors LLC acquired a brand new stake in Veeva Techniques in the course of the 4th quarter valued at $33,000. Manchester Capital Administration LLC acquired a brand new stake in Veeva Techniques in the course of the 1st quarter valued at $40,000. Lastly, Quarry LP boosted its place in Veeva Techniques by 165.9% within the 1st quarter. Quarry LP now owns 218 shares of the expertise firm’s inventory valued at $40,000 after shopping for a further 136 shares over the last quarter. Institutional traders personal 80.07% of the corporate’s inventory.

Veeva Techniques Buying and selling Down 0.8 %

VEEV inventory opened at $175.32 on Friday. Veeva Techniques Inc. has a 12 month low of $157.00 and a 12 month excessive of $225.49. The corporate has a 50-day shifting common value of $199.76 and a 200 day shifting common value of $194.47. The inventory has a market cap of $28.17 billion, a PE ratio of 52.81, a P/E/G ratio of two.63 and a beta of 0.87.

Veeva Techniques (NYSE:VEEV – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, August thirtieth. The expertise firm reported $1.21 EPS for the quarter, beating the consensus estimate of $1.13 by $0.08. Veeva Techniques had a web margin of 24.20% and a return on fairness of 10.89%. The enterprise had income of $590.23 million in the course of the quarter, in comparison with analyst estimates of $582.28 million. Throughout the identical quarter within the earlier 12 months, the enterprise posted $0.56 EPS. The corporate’s quarterly income was up 10.5% in comparison with the identical quarter final 12 months. Promote-side analysts forecast that Veeva Techniques Inc. will publish 2.73 EPS for the present 12 months.

Insiders Place Their Bets

In different information, EVP Alan Mateo offered 6,280 shares of the corporate’s inventory in a transaction on Monday, November sixth. The shares have been offered at a median value of $193.72, for a complete worth of $1,216,561.60. Following the sale, the chief vp now instantly owns 19,769 shares of the corporate’s inventory, valued at roughly $3,829,650.68. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which might be accessed by this hyperlink. In different Veeva Techniques information, COO Thomas D. Schwenger offered 1,238 shares of the corporate’s inventory in a transaction on Tuesday, September fifth. The shares have been offered at a median value of $220.00, for a complete transaction of $272,360.00. Following the completion of the transaction, the chief working officer now instantly owns 21,329 shares within the firm, valued at $4,692,380. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible by this hyperlink. Additionally, EVP Alan Mateo offered 6,280 shares of the corporate’s inventory in a transaction on Monday, November sixth. The inventory was offered at a median value of $193.72, for a complete transaction of $1,216,561.60. Following the transaction, the chief vp now owns 19,769 shares of the corporate’s inventory, valued at $3,829,650.68. The disclosure for this sale might be discovered right here. Within the final quarter, insiders have offered 39,768 shares of firm inventory valued at $7,990,190. Insiders personal 10.98% of the corporate’s inventory.

Analyst Upgrades and Downgrades

A number of analysis corporations have weighed in on VEEV. StockNews.com upgraded Veeva Techniques from a “maintain” score to a “purchase” score in a report on Wednesday. Truist Monetary reiterated a “maintain” score and set a $227.00 value goal on shares of Veeva Techniques in a report on Monday. Piper Sandler lowered their value goal on Veeva Techniques from $235.00 to $200.00 and set an “chubby” score for the corporate in a report on Friday, November tenth. UBS Group boosted their value goal on Veeva Techniques from $175.00 to $205.00 and gave the corporate a “impartial” score in a analysis be aware on Thursday, August thirty first. Lastly, Morgan Stanley reduce their value goal on Veeva Techniques from $181.00 to $160.00 and set an “underweight” score for the corporate in a analysis be aware on Monday. One analyst has rated the inventory with a promote score, seven have given a maintain score and seventeen have issued a purchase score to the corporate’s inventory. Primarily based on knowledge from MarketBeat, the corporate presently has a median score of “Average Purchase” and a median goal value of $218.83.

Test Out Our Newest Evaluation on VEEV

About Veeva Techniques

(Free Report)

Veeva Techniques Inc gives cloud-based software program for the life sciences trade. It presents Veeva Industrial Cloud, a set of software program and knowledge options, equivalent to Veeva buyer relationship administration (CRM) that allow customer-facing staff at pharmaceutical and biotechnology corporations; Veeva Vault PromoMats, an end-to-end content material and digital asset administration answer; Veeva Vault Medical that gives supply of medical content material throughout a number of channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical manufacturers; Veeva OpenData, a buyer reference knowledge answer; Veeva Hyperlink, a knowledge utility that permits hyperlink to generate real-time intelligence; and Veeva Compass consists of de-identified and longitudinal affected person knowledge for america.

See Additionally

Institutional Ownership by Quarter for Veeva Systems (NYSE:VEEV)

This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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