Veeva Systems Inc (VEEV): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Health Information Services industry segment, falling under the Healthcare sector. The current market capitalization of Veeva Systems Inc is $40.07B. A total of 2.63 million shares were traded on the day, compared to an average of 1.17M shares.

In the most recent transaction, Faddis Jonathan sold 1,694 shares of VEEV for 230.30 per share on Dec 04 ’24. After the transaction, the SVP, Gen. Counsel, Secretary now owns 8,061 company shares. In a previous transaction on Dec 04 ’24, Faddis Jonathan bought 1,694 shares at 230.30 per share.

Among the insiders who sold shares, Schwenger Thomas D. disposed of 1,126 shares on Nov 08 ’24 at a per-share price of $240.01. This resulted in the Pres. & Chief Customer Officer holding 27,013 shares of VEEV after the transaction. In another insider transaction, Schwenger Thomas D. bought 1,126 shares at $240.01 per share on Nov 08 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, VEEV has a high of $258.93 and a low of $170.25.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. VEEV’s latest balance sheet shows that the firm has $2.38B in Cash & Short Term Investments as of fiscal 2022. There were $54.59M in debt and $840.78M in liabilities at the time. Its Book Value Per Share was $33.93, while its Total Shareholder’s Equity was $2.91B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VEEV is Buy with a score of 4.00.

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