14,995 Shares in Veeva Systems Inc. $VEEV Acquired by Nilsine Partners LLC

Nilsine Partners LLC purchased a new position in Veeva Systems Inc. (NYSE:VEEV) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 14,995 shares of the technology company’s stock, valued at approximately $2,661,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SHP Wealth Management bought a new position in Veeva Systems during the 4th quarter valued at $26,000. Compass Financial Management LLC acquired a new stake in shares of Veeva Systems in the second quarter valued at $27,000. Arlington Trust Co LLC bought a new position in Veeva Systems during the second quarter valued at about $29,000. Field & Main Bank bought a new stake in Veeva Systems in the second quarter worth about $29,000. Finally, MV Capital Management Inc. bought a new stake in shares of Veeva Systems in the 4th quarter worth approximately $30,000. Institutional investors own 88.20% of the company’s stock.

Veeva Systems News Roundup

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

• Positive Sentiment: Higher outlook and strong operating momentum: Veeva raised its fiscal 2027 outlook as Vault CRM migrations, research-and-development investment and Falcon AI adoption support revenue growth and expanding profitability. This follows a strong latest quarter, in which revenue increased 17.6% year over year to approximately $928 million and adjusted earnings exceeded analyst expectations. VEEV Raises FY27 Outlook as Vault CRM and AI Momentum Accelerate Fast
• Positive Sentiment: AI adoption is broadening: Regeneron and Biogen have adopted Veeva’s AI-powered Vault CRM suite globally. Veeva also introduced Falcon Safety, an agentic AI product designed for biopharmaceutical safety operations. These developments could deepen customer relationships and expand Veeva’s role in commercial and safety workflows. Why Is Veeva Systems Winning Big in AI For Biopharma?
• Positive Sentiment: Long-term investor support: Commentary highlights Veeva’s recurring-revenue model, Vault CRM migration opportunity and AI expansion as reasons the stock remains attractive for long-term growth investors. Investor Michael Burry has also reportedly remained bullish on Veeva while criticizing Snowflake’s valuation. Burry Remains Bullish on Veeva
• Neutral Sentiment: Valuation and competition remain important considerations: Analysts and portfolio commentary generally support holding VEEV, but warn that market saturation could limit future growth. With the stock trading at a premium earnings multiple after a substantial rally, investors may require continued execution and strong guidance upgrades. Reasons to Hold Veeva Systems Stock in Your Portfolio for Now
• Negative Sentiment: Insider selling may weigh modestly on sentiment: Veeva’s exiting president sold 10,000 shares for approximately $2.8 million, representing about 51% of the executive’s direct equity stake before the transaction. The sale does not establish a change in business fundamentals, but it can raise caution after the stock’s strong advance. Veeva’s Exiting President Sold $2.8 Million in Stock

Veeva Systems Price Performance

VEEV stock opened at $274.02 on Friday. The company has a 50-day moving average of $220.49 and a two-hundred day moving average of $187.95. The stock has a market capitalization of $44.51 billion, a price-to-earnings ratio of 45.07, a price-to-earnings-growth ratio of 1.17 and a beta of 0.97. Veeva Systems Inc. has a 52-week low of $148.05 and a 52-week high of $310.50.

Veeva Systems (NYSE:VEEV) last released its earnings results on Wednesday, August 26th. The technology company reported $2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.23 by $0.12. Veeva Systems had a return on equity of 14.25% and a net margin of 29.34%.The firm had revenue of $927.96 million for the quarter, compared to analyst estimates of $905.38 million. During the same quarter last year, the firm posted $1.99 EPS. The company’s revenue was up 17.6% on a year-over-year basis. 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. Equities analysts expect that Veeva Systems Inc. will post 6.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VEEV. TD Cowen raised their price objective on Veeva Systems from $235.00 to $283.00 and gave the stock a “buy” rating in a research note on Monday, August 24th. Robert W. Baird boosted their price objective on shares of Veeva Systems from $260.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Citigroup increased their target price on shares of Veeva Systems from $190.00 to $273.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Piper Sandler lifted their target price on shares of Veeva Systems from $295.00 to $320.00 and gave the company an “overweight” rating in a research note on Thursday, August 27th. Finally, Jefferies Financial Group restated a “buy” rating and set a $295.00 price target on shares of Veeva Systems in a report on Thursday, August 27th. Nineteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $284.46.

Insider Activity at Veeva Systems

In other Veeva Systems news, insider Thomas Schwenger sold 36,000 shares of Veeva Systems stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $250.23, for a total transaction of $9,008,280.00. Following the sale, the insider owned 19,449 shares in the company, valued at $4,866,723.27. The trade was a 64.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Company Profile

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.