Veeva Systems Inc. $VEEV Shares Sold by ARK Investment Management LLC

ARK Investment Management LLC cut its position in Veeva Systems Inc. (NYSE:VEEV) by 18.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,551 shares of the technology company’s stock after selling 9,306 shares during the quarter. ARK Investment Management LLC’s holdings in Veeva Systems were worth $12,081,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC grew its position in Veeva Systems by 196.4% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 83 shares of the technology company’s stock valued at $25,000 after acquiring an additional 55 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in shares of Veeva Systems in the third quarter valued at approximately $28,000. OLD Second National Bank of Aurora acquired a new position in shares of Veeva Systems in the third quarter valued at approximately $30,000. Legacy Investment Solutions LLC purchased a new stake in Veeva Systems during the 2nd quarter worth approximately $32,000. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in Veeva Systems by 58.3% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 133 shares of the technology company’s stock worth $38,000 after buying an additional 49 shares in the last quarter. Institutional investors and hedge funds own 88.20% of the company’s stock.

Analyst Upgrades and Downgrades

VEEV has been the topic of a number of recent research reports. Canaccord Genuity Group reaffirmed a “buy” rating on shares of Veeva Systems in a research report on Tuesday, November 25th. UBS Group cut their price target on Veeva Systems from $280.00 to $200.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. BMO Capital Markets initiated coverage on Veeva Systems in a research report on Thursday, November 13th. They issued a “market perform” rating and a $300.00 price target on the stock. BTIG Research reissued a “buy” rating and set a $340.00 price objective on shares of Veeva Systems in a research report on Friday, November 21st. Finally, Jefferies Financial Group restated a “buy” rating and set a $330.00 target price on shares of Veeva Systems in a research note on Monday, November 24th. Eighteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $293.71.

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 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 trade represents a 4.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 10.30% of the stock is owned by corporate insiders.

Key Headlines Impacting Veeva Systems

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

• Positive Sentiment: Q4 results beat Street forecasts — revenue of ~$836M (up 16% Y/Y) and non‑GAAP EPS $2.06 topped estimates, signaling continued growth momentum. Veeva Systems (NYSE:VEEV) Delivers Strong Q4 CY2025 Numbers, Stock Soars
• Positive Sentiment: Company raised guidance materially — Q1 EPS guidance (2.13–2.14) and FY2027 EPS (8.85) came in above consensus, and next‑quarter revenue guidance was slightly above estimates, supporting forward earnings visibility. Veeva Systems surges 8% as agentic transformation drives strong Q4 results, guidance
• Positive Sentiment: Commercial product momentum — Veeva says 125+ customers are live on Vault CRM and is positioning Vault CRM + Veeva AI as the industry’s agentic CRM, which supports recurring subscription revenue growth and upsell potential. More Than 125 Customers Worldwide Live on Vault CRM as Veeva Accelerates the Industry’s Agentic Transformation
• Neutral Sentiment: Investor materials and call available — management filed the press release, slide deck and held an earnings call (Q&A focused); useful for digging into margin assumptions and customer conversion pacing. Veeva (VEEV) Q4 2026 Earnings Call Transcript
• Neutral Sentiment: Positioning chatter — there’s elevated ETF/positioning activity (Russell 1000) that can amplify intraday moves but is not a fundamentals signal. Veeva Systems (NYSE:VEEV) Sparks Elevated Positioning Chatter In Russell 1000 ETF Today
• Negative Sentiment: Pre-earnings concerns about CRM competition and past management disclosures weighed on the stock earlier; competitive dynamics remain a watch item for sustaining growth and pricing. Veeva Systems under pressure as earnings loom amid CRM competition

Veeva Systems Stock Performance

Shares of NYSE VEEV opened at $188.09 on Thursday. The stock’s 50-day simple moving average is $204.58 and its 200-day simple moving average is $248.39. The firm has a market capitalization of $30.92 billion, a PE ratio of 36.59, a price-to-earnings-growth ratio of 1.28 and a beta of 1.09. Veeva Systems Inc. has a fifty-two week low of $168.13 and a fifty-two week high of $310.50.

Veeva Systems (NYSE:VEEV) last announced its quarterly earnings results on Wednesday, March 4th. The technology company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.14. Veeva Systems had a return on equity of 13.68% and a net margin of 27.93%.The firm had revenue of $835.95 million during the quarter, compared to the consensus estimate of $810.95 million. During the same period in the prior year, the company posted $1.74 earnings per share. The firm’s quarterly revenue 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. On average, sell-side analysts forecast that Veeva Systems Inc. will post 4.35 earnings per share for the current fiscal year.

Veeva Systems declared that its board has initiated a share repurchase program on Monday, January 5th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the technology company to buy up to 5.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership 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.