ARK Investment Management LLC Lowers Stock Position in Veeva Systems Inc. $VEEV

ARK Investment Management LLC decreased its holdings in Veeva Systems Inc. (NYSE:VEEV) by 18.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of VEEV. Jensen Investment Management Inc. grew its stake in shares of Veeva Systems by 1,924.5% in the 3rd quarter. Jensen Investment Management Inc. now owns 413,213 shares of the technology company’s stock valued at $123,100,000 after purchasing an additional 392,802 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Veeva Systems by 11.2% during the third quarter. Principal Financial Group Inc. now owns 3,846,877 shares of the technology company’s stock worth $1,146,040,000 after purchasing an additional 388,864 shares during the period. Alphinity Investment Management Pty Ltd purchased a new position in Veeva Systems in the 3rd quarter valued at $422,241,000. Compass Wealth Management LLC acquired a new position in Veeva Systems in the 3rd quarter valued at $18,694,000. Finally, ABN AMRO Bank N.V. purchased a new position in Veeva Systems during the 3rd quarter worth $246,625,000. 88.20% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Veeva Systems

In other Veeva Systems news, insider Thomas D. Schwenger sold 1,000 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $231.43, for a total value of $231,430.00. Following the sale, the insider owned 23,204 shares of the company’s stock, valued at $5,370,101.72. This represents a 4.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Barclays lowered their target price on shares of Veeva Systems from $305.00 to $250.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. The Goldman Sachs Group started coverage on Veeva Systems in a research report on Tuesday, January 13th. They set a “sell” rating and a $215.00 target price on the stock. Needham & Company LLC reissued a “buy” rating and set a $355.00 target price on shares of Veeva Systems in a research note on Friday, November 21st. Citigroup decreased their price target on Veeva Systems from $349.00 to $319.00 and set a “buy” rating on the stock in a research note on Monday, November 24th. Finally, Morgan Stanley upgraded Veeva Systems from an “underweight” rating to an “equal weight” rating and cut their price objective for the stock from $222.00 to $205.00 in a research report on Tuesday, February 17th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $293.71.

More Veeva Systems News

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 VEEV stock opened at $188.09 on Thursday. The stock has a fifty day moving average price of $204.58 and a 200 day moving average price of $248.39. The stock has a market cap of $30.92 billion, a PE ratio of 36.59, a P/E/G ratio of 1.28 and a beta of 1.09. Veeva Systems Inc. has a 1 year low of $168.13 and a 1 year 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 for the quarter, beating analysts’ consensus estimates of $1.92 by $0.14. The business had revenue of $835.95 million during the quarter, compared to analysts’ expectations of $810.95 million. Veeva Systems had a return on equity of 13.68% and a net margin of 27.93%.The business’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter last year, the business 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, equities research analysts predict that Veeva Systems Inc. will post 4.35 earnings per share for the current year.

Veeva Systems declared that its board has authorized a stock 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 usually a sign that the company’s board believes its stock is undervalued.

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.