Asset Administration One Co. Ltd. trimmed its place in Veeva Methods Inc. (NYSE:VEEV – Free Report) by 0.5% within the third quarter, in accordance with the corporate in its most up-to-date Kind 13F submitting with the Securities & Trade Fee. The agency owned 54,684 shares of the know-how firm’s inventory after promoting 302 shares in the course of the quarter. Asset Administration One Co. Ltd.’s holdings in Veeva Methods had been value $11,477,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers and hedge funds have additionally just lately added to or decreased their stakes in VEEV. Mowery & Schoenfeld Wealth Administration LLC purchased a brand new place in shares of Veeva Methods within the third quarter valued at about $26,000. Advisors Asset Administration Inc. purchased a brand new place in Veeva Methods within the first quarter valued at roughly $28,000. Blue Belief Inc. boosted its stake in Veeva Methods by 3,460.0% within the second quarter. Blue Belief Inc. now owns 178 shares of the know-how firm’s inventory valued at $33,000 after buying an extra 173 shares over the past quarter. DT Funding Companions LLC acquired a brand new stake in Veeva Methods in the course of the 2nd quarter value $35,000. Lastly, Larson Monetary Group LLC raised its place in shares of Veeva Methods by 1,153.8% in the course of the 1st quarter. Larson Monetary Group LLC now owns 163 shares of the know-how firm’s inventory valued at $38,000 after buying an extra 150 shares over the past quarter. 88.20% of the inventory is owned by institutional buyers.
Wall Road Analysts Forecast Development
A variety of equities analysis analysts just lately commented on the corporate. Financial institution of America lifted their value goal on Veeva Methods from $204.00 to $240.00 and gave the inventory a “impartial” ranking in a analysis notice on Thursday, August twenty ninth. TD Cowen upped their value goal on Veeva Methods from $180.00 to $192.00 and gave the corporate a “maintain” ranking in a analysis notice on Thursday, August twenty ninth. Truist Monetary lifted their value goal on shares of Veeva Methods from $197.00 to $207.00 and gave the inventory a “maintain” ranking in a analysis notice on Tuesday, September third. Barclays upped their goal value on shares of Veeva Methods from $220.00 to $240.00 and gave the corporate an “chubby” ranking in a analysis notice on Thursday, August twenty ninth. Lastly, Guggenheim lifted their value goal on shares of Veeva Methods from $233.00 to $249.00 and gave the inventory a “purchase” ranking in a analysis report on Tuesday, October 1st. One analysis analyst has rated the inventory with a promote ranking, eight have assigned a maintain ranking and fifteen have given a purchase ranking to the corporate’s inventory. In accordance with MarketBeat.com, the corporate has a consensus ranking of “Average Purchase” and a consensus value goal of $232.87.
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Insider Exercise at Veeva Methods
In different Veeva Methods information, SVP Jonathan Faddis offered 2,353 shares of the enterprise’s inventory in a transaction dated Wednesday, August twenty first. The shares had been offered at a median value of $200.00, for a complete worth of $470,600.00. Following the completion of the sale, the senior vice chairman now owns 9,035 shares of the corporate’s inventory, valued at $1,807,000. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the SEC, which is accessible at the SEC web site. 10.50% of the inventory is presently owned by company insiders.
Veeva Methods Buying and selling Up 1.8 %
VEEV inventory opened at $216.45 on Thursday. Veeva Methods Inc. has a 1-year low of $162.72 and a 1-year excessive of $236.90. The enterprise’s 50 day easy shifting common is $213.48 and its 200 day easy shifting common is $199.34. The agency has a market capitalization of $35.05 billion, a PE ratio of 57.72, a PEG ratio of two.07 and a beta of 0.81.
Veeva Methods (NYSE:VEEV – Get Free Report) final issued its quarterly earnings knowledge on Wednesday, August twenty eighth. The know-how firm reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The corporate had income of $676.18 million in the course of the quarter, in comparison with analysts’ expectations of $667.21 million. Veeva Methods had a return on fairness of 13.30% and a web margin of 23.91%. As a gaggle, sell-side analysts predict that Veeva Methods Inc. will put up 4.21 EPS for the present fiscal yr.
Veeva Methods Firm Profile
Veeva Methods Inc offers cloud-based software program for the life sciences trade. It gives Veeva Industrial Cloud, a collection of software program and analytics options, reminiscent of Veeva buyer relationship administration (CRM) that allow customer-facing staff at pharmaceutical and biotechnology corporations; Veeva Vault PromoMats, an end-to-end content material and digital asset administration resolution; Veeva Vault Medical that gives supply of medical content material throughout a number of channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical manufacturers; Veeva OpenData, a buyer reference knowledge resolution; Veeva Hyperlink, an information utility that enables hyperlink to generate real-time intelligence; and Veeva Compass consists of de-identified and longitudinal affected person knowledge for the USA.
Additional Studying
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