Quantbot Technologies LP Lowers Stock Position in Veeva Systems Inc. $VEEV

Quantbot Technologies LP lessened its holdings in shares of Veeva Systems Inc. (NYSE:VEEV) by 95.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,701 shares of the technology company’s stock after selling 36,891 shares during the period. Quantbot Technologies LP’s holdings in Veeva Systems were worth $507,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VEEV. Argent Trust Co raised its position in shares of Veeva Systems by 3.5% in the 3rd quarter. Argent Trust Co now owns 6,798 shares of the technology company’s stock worth $2,025,000 after purchasing an additional 227 shares during the last quarter. Aster Capital Management DIFC Ltd grew its position in Veeva Systems by 489.1% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 4,636 shares of the technology company’s stock valued at $1,381,000 after purchasing an additional 3,849 shares during the last quarter. Handelsbanken Fonder AB increased its stake in Veeva Systems by 191.6% during the 3rd quarter. Handelsbanken Fonder AB now owns 122,353 shares of the technology company’s stock valued at $36,450,000 after purchasing an additional 80,390 shares in the last quarter. Generali Investments Management Co LLC increased its stake in Veeva Systems by 9.7% during the 3rd quarter. Generali Investments Management Co LLC now owns 16,259 shares of the technology company’s stock valued at $4,844,000 after purchasing an additional 1,436 shares in the last quarter. Finally, Andra AP fonden raised its holdings in Veeva Systems by 75.0% in the third quarter. Andra AP fonden now owns 57,400 shares of the technology company’s stock worth $17,100,000 after buying an additional 24,600 shares during the last quarter. 88.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VEEV. Truist Financial reiterated a “buy” rating and issued a $262.00 target price (down from $275.00) on shares of Veeva Systems in a research note on Thursday. The Goldman Sachs Group began coverage on shares of Veeva Systems in a report on Tuesday, January 13th. They issued a “sell” rating and a $215.00 price objective for the company. Needham & Company LLC lowered their price objective on Veeva Systems from $355.00 to $270.00 and set a “buy” rating on the stock in a research report on Thursday. Royal Bank Of Canada cut their target price on Veeva Systems from $330.00 to $275.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, UBS Group lifted their target price on Veeva Systems from $200.00 to $220.00 and gave the stock a “neutral” rating in a report on Thursday. Seventeen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $284.91.

Insider Buying and Selling

In other Veeva Systems news, insider Thomas D. Schwenger sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $231.43, for a total transaction of $231,430.00. Following the sale, the insider owned 23,204 shares in the company, valued at approximately $5,370,101.72. This trade represents a 4.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.30% of the company’s stock.

Key Veeva Systems News

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

• Positive Sentiment: Q4 beats and raised outlook — Veeva reported revenue of ~$836M (+16% y/y) and non?GAAP EPS of $2.06, above consensus, and provided FY27 guidance that came in ahead of some estimates, which drove the initial rally. Article Title
• Positive Sentiment: AI and product roadmap cited as growth drivers — Management emphasized “agentic” AI initiatives and CRM expansion (CRM targeted to be ~10% of revenue by 2030), positioning Veeva to capture higher?value services and offset broader software AI fears. Article Title
• Positive Sentiment: Analyst support and buy ratings remain — Several firms reaffirmed or raised ratings/targets (e.g., Stifel raised target to $245; Truist reaffirmed buy), keeping institutional sentiment constructive despite some cuts. Article Title
• Neutral Sentiment: Earnings call detail available for deeper read — The full Q4 earnings call/transcript provides color on customer uptake, AI timing and margin outlook; useful for investors who want to judge execution risk vs opportunity. Article Title
• Neutral Sentiment: Technical/volume context — Trading volume was a bit below average and the stock remains under its 50? and 200?day moving averages, which can limit near?term upside until momentum recovers. (See market data summary above.)
• Negative Sentiment: Price?target cuts and cautious notes — Multiple firms trimmed price targets (Canaccord, Piper Sandler, Needham, RBC, Wells Fargo among others) citing decelerating growth, margin pressure or to reflect model changes—these headlines trimmed upside and likely capped the post?earnings rally. Article Title
• Negative Sentiment: Ongoing AI disruption debate — Despite Veeva’s positioning, some investors remain worried about how AI will change software economics and competitive dynamics; a few analysts argue AI risk and growth normalization justify a more cautious stance. Article Title

Veeva Systems Stock Performance

NYSE:VEEV opened at $195.89 on Monday. The stock has a 50-day simple moving average of $203.47 and a two-hundred day simple moving average of $246.91. The firm has a market capitalization of $32.20 billion, a PE ratio of 36.21, a P/E/G ratio of 1.35 and a beta of 1.09. Veeva Systems Inc. has a 52-week low of $168.13 and a 52-week high of $310.50.

Veeva Systems (NYSE:VEEV) last posted its quarterly earnings data on Wednesday, March 4th. The technology company reported $2.06 EPS for the quarter, topping the consensus estimate of $1.94 by $0.12. Veeva Systems had a return on equity of 14.11% and a net margin of 28.44%.The firm had revenue of $835.95 million for the quarter, compared to the consensus estimate of $810.95 million. During the same quarter last year, the company earned $1.74 earnings per share. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. Veeva Systems has set its FY 2027 guidance at 8.850- EPS and its Q1 2027 guidance at 2.130-2.14 EPS. Equities analysts forecast that Veeva Systems Inc. will post 4.35 earnings per share for the current fiscal year.

Veeva Systems announced that its Board of Directors has initiated a share buyback program on Monday, January 5th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the technology company to repurchase up to 5.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

About Veeva Systems

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.