Veeva Systems Inc. $VEEV Shares Bought by Goodman Advisory Group LLC

Goodman Advisory Group LLC lifted its holdings in Veeva Systems Inc. (NYSE:VEEV) by 39.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,972 shares of the technology company’s stock after purchasing an additional 8,729 shares during the period. Veeva Systems comprises 2.3% of Goodman Advisory Group LLC’s holdings, making the stock its 15th biggest holding. Goodman Advisory Group LLC’s holdings in Veeva Systems were worth $9,227,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Alphinity Investment Management Pty Ltd bought a new stake in Veeva Systems during the third quarter worth approximately $422,241,000. Norges Bank bought a new position in shares of Veeva Systems in the second quarter valued at $384,265,000. Durable Capital Partners LP bought a new position in shares of Veeva Systems in the second quarter valued at $281,351,000. AQR Capital Management LLC lifted its position in shares of Veeva Systems by 111.7% during the 2nd quarter. AQR Capital Management LLC now owns 1,838,046 shares of the technology company’s stock valued at $526,508,000 after acquiring an additional 969,905 shares during the last quarter. Finally, Schroder Investment Management Group lifted its position in shares of Veeva Systems by 1,039.4% during the 2nd quarter. Schroder Investment Management Group now owns 1,014,974 shares of the technology company’s stock valued at $292,292,000 after acquiring an additional 925,896 shares during the last quarter. 88.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Thomas D. Schwenger sold 1,000 shares of the stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $231.43, for a total transaction of $231,430.00. Following the transaction, the insider owned 23,204 shares of the company’s stock, valued at approximately $5,370,101.72. This represents a 4.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 10.30% of the company’s stock.

Veeva Systems Trading Down 0.1%

VEEV stock opened at $195.89 on Friday. Veeva Systems Inc. has a 1 year low of $168.13 and a 1 year high of $310.50. The company has a fifty day simple moving average of $203.47 and a 200 day simple moving average of $247.17. The firm has a market cap of $32.20 billion, a PE ratio of 36.21, a PEG ratio of 1.35 and a beta of 1.09.

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

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

Key Stories Impacting Veeva Systems

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on VEEV shares. Stifel Nicolaus lifted their target price on Veeva Systems from $212.00 to $245.00 and gave the stock a “buy” rating in a report on Thursday. Truist Financial reaffirmed a “buy” rating and set a $262.00 target price (down from $275.00) on shares of Veeva Systems in a report on Thursday. Canaccord Genuity Group decreased their price target on Veeva Systems from $280.00 to $235.00 and set a “hold” rating for the company in a research report on Thursday. Wall Street Zen downgraded Veeva Systems from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, Citigroup reduced their price objective on shares of Veeva Systems from $349.00 to $319.00 and set a “buy” rating for the company in a research note on Monday, November 24th. Seventeen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $284.91.

Veeva Systems 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.