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 stock was sold at an average price of $78.16, for a total transaction of $155,772.88. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of Veeva Systems stock traded up $1.00 during trading hours on Monday, hitting $77.39. 201,899 shares of the company were exchanged, compared to its average volume of 1,228,385. Veeva Systems Inc has a fifty-two week low of $47.58 and a fifty-two week high of $78.28. The firm has a market capitalization of $10,797.19, a price-to-earnings ratio of 82.14, a price-to-earnings-growth ratio of 4.59 and a beta of 1.46.
Several large investors have recently modified their holdings of the stock. Great West Life Assurance Co. Can increased its stake in Veeva Systems by 2.6% in the 3rd quarter. Great West Life Assurance Co. Can now owns 34,106 shares of the technology company’s stock valued at $1,922,000 after buying an additional 865 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Veeva Systems by 21.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,131 shares of the technology company’s stock valued at $315,000 after buying an additional 914 shares during the last quarter. LPL Financial LLC increased its stake in Veeva Systems by 5.8% in the 4th quarter. LPL Financial LLC now owns 20,166 shares of the technology company’s stock valued at $1,115,000 after buying an additional 1,111 shares during the last quarter. Amalgamated Bank increased its stake in Veeva Systems by 5.8% in the 4th quarter. Amalgamated Bank now owns 21,722 shares of the technology company’s stock valued at $1,201,000 after buying an additional 1,199 shares during the last quarter. Finally, Commonwealth Equity Services Inc increased its stake in Veeva Systems by 2.8% in the 3rd quarter. Commonwealth Equity Services Inc now owns 46,529 shares of the technology company’s stock valued at $2,624,000 after buying an additional 1,282 shares during the last quarter. Institutional investors and hedge funds own 73.09% 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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