Veeva Systems Inc (NYSE:VEEV) Director Timothy C. Barabe sold 1,993 shares of Veeva Systems stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $78.16, for a total transaction of $155,772.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of Veeva Systems Inc (NYSE VEEV) opened at $77.18 on Monday. The stock has a market cap of $10,908.85, a price-to-earnings ratio of 126.53, a price-to-earnings-growth ratio of 4.64 and a beta of 1.46. Veeva Systems Inc has a fifty-two week low of $44.51 and a fifty-two week high of $78.28.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Veeva Systems by 54.1% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 38,760 shares of the technology company’s stock worth $2,143,000 after buying an additional 13,605 shares during the last quarter. Xact Kapitalforvaltning AB increased its holdings in shares of Veeva Systems by 7.7% in the 4th quarter. Xact Kapitalforvaltning AB now owns 18,061 shares of the technology company’s stock worth $998,000 after buying an additional 1,296 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in shares of Veeva Systems by 19.5% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 187,114 shares of the technology company’s stock worth $10,344,000 after buying an additional 30,535 shares during the last quarter. Westover Capital Advisors LLC bought a new stake in shares of Veeva Systems in the 4th quarter worth about $237,000. Finally, Sterling Capital Management LLC increased its holdings in shares of Veeva Systems by 6.4% in the 4th quarter. Sterling Capital Management LLC now owns 88,859 shares of the technology company’s stock worth $4,912,000 after buying an additional 5,324 shares during the last quarter. Institutional investors own 73.13% of the company’s stock.
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About Veeva Systems
Veeva Systems Inc (Veeva) is a provider of cloud-based software solutions for the global life sciences industry. The Company offers solutions for a range of requirements within life sciences companies, including multichannel customer relationship management, regulated content and information management, master data management and customer data.
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