Veeva Systems Inc . ( NYSE : VEEV ) Stock Position Boosted by Avalon Global Asset Management LLC

Avalon Global Asset Management LLC increased its stake in Veeva Systems Inc. by 0.5% during the second quarter, owning 40,200 shares valued at $7.357 million. Other institutional investors and hedge funds also adjusted their positions in the company. Blue Trust Inc. saw a significant increase of 3,460.0% in its holdings, now owning 178 shares valued at $33,000. First Financial Corp IN acquired a new position worth approximately $35,000 in the first quarter. Insider transactions included SVP Jonathan Faddis selling 2,353 shares at an average price of $200, now owning 9,035 shares valued at $1.807 million. Analysts have provided mixed ratings for Veeva Systems, with Bank of America and Royal Bank of Canada upgrading their price objectives, while Truist Financial and TD Cowen maintained a hold rating. The company s market capitalization stands at $34.72 billion, with a PE ratio of 63.37 and a beta of 0.81. Veeva Systems offers cloud-based software solutions for the life sciences industry, including CRM, content management, and analytics platforms.

Source: tickerreport.com
Published on 2024-09-21