Oppenheimer Asset Management Inc . Purchases 7 , 421 Shares of Veeva Systems Inc . ( NYSE : VEEV )

Oppenheimer Asset Management Inc. increased its stake in Veeva Systems Inc. by 10.9% in Q2, owning 75,267 shares worth $13.77M. Other investors like Western Pacific Wealth Management LP, Quadrant Capital Group LLC, Simplicity Wealth LLC, and Wedmont Private Capital also adjusted their holdings, with varying percentages of growth or acquisition. Davidson Capital Management Inc. saw a modest 0.6% increase. Institutional ownership stands at 88.20%. Analysts have revised their price targets for Veeva Systems, with Barclays and Robert W. Baird raising their objectives, while Stifel Nicolaus lowered theirs. The consensus rating is Moderate Buy with a target price of $229.96. Insider activity includes SVP Jonathan Faddis selling 2,353 shares for $470.6K, reducing his holdings to 9,035 shares valued at $1.807M. Veeva Systems stock opened at $217.95, with a market cap of $35.23B, a P/E ratio of 64.29, a PEG ratio of 2.14, and a beta of 0.81. The stock s 12-month range is $162.72-$236.90, with a 50-day SMA of $196.14 and a 200-day SMA of $201.88. The company offers cloud-based software solutions for the life sciences industry, including CRM, content management, analytics, and patient data services. For more insights, visit HoldingsChannel.com for the latest 13F filings and insider trades for Veeva Systems Inc.

Source: theenterpriseleader.com
Published on 2024-09-15