Veeva Systems Inc (NYSE: VEEV) is 32.72% higher on its value in year-to-date trading and has touched a low of $170.25 and a high of $258.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VEEV stock was last observed hovering at around $234.49 in the last trading session, with the day’s gains setting it 44.55%.
Currently trading at $279.04, the stock is 16.36% and 20.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.13 million and changing 19.00% at the moment leaves the stock 25.45% off its SMA200. VEEV registered 36.86% gain for a year compared to 6-month gain of 28.84%. The firm has a 50-day simple moving average (SMA 50) of $231.1928 and a 200-day simple moving average (SMA200) of $222.4231.
The stock witnessed a 20.46% loss in the last 1 month and extending the period to 3 months gives it a 26.27%, and is 18.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.92% over the week and 4.11% over the month.
Veeva Systems Inc (VEEV) has around 7291 employees, a market worth around $45.47B and $2.86B in sales. Current P/E ratio is 59.16 and Fwd P/E is 33.68. Profit margin for the company is 27.34%. Distance from 52-week low is 63.90% and 7.77% from its 52-week high. The company has generated returns on investments over the last 12 months (12.44%).
with sales reaching $767.02M over the same period.The EPS is expected to grow by 15.31% this year, but quarterly earnings will post 12.54% year-over-year. Quarterly sales are estimated to grow 13.43% in year-over-year returns.
The shares outstanding are 162.95M, and float is at 148.89M with Short Float at 2.95%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.39 million shares valued at $2.63 billion. The investor’s holdings represent 8.8995 of the VEEV Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.48 million shares valued at $1.74 billion to account for 5.8643 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 6.97 million shares representing 4.3081 and valued at over $1.27 billion, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 3.1022 of the shares totaling 5.02 million with a market value of $918.08 million.
Veeva Systems Inc (VEEV) Insider Activity
The most recent transaction is an insider sale by Faddis Jonathan, the company’s SVP, Gen. Counsel, Secretary. SEC filings show that Faddis Jonathan sold 833 shares of the company’s common stock on May 02 ’25 at a price of $236.71 per share for a total of $0.2 million. Following the sale, the insider now owns 7835.0 shares.
Still, SEC filings show that on Apr 14 ’25, Schwenger Thomas D. (Pres. & Chief Customer Officer) disposed off 1,200 shares at an average price of $220.97 for $0.27 million. The insider now directly holds 25,889 shares of Veeva Systems Inc (VEEV).
