Veeva Systems Inc’s recently made public that its Pres. & Chief Customer Officer Schwenger Thomas D. unloaded Company’s shares for reported $0.27 million on Apr 14 ’25. In the deal valued at $220.97 per share,1,200 shares were sold. As a result of this transaction, Schwenger Thomas D. now holds 25,889 shares worth roughly $5.84 million.
Then, Schwenger Thomas D. bought 4,950 shares, generating $1,105,300 in total proceeds.
Before that, Cabral Timothy S sold 3,882 shares. Veeva Systems Inc shares valued at $841,734 were divested by the Director at a price of $216.83 per share. As a result of the transaction, Cabral Timothy S now holds 5,500 shares, worth roughly $1.24 million.
Goldman downgraded its Veeva Systems Inc [VEEV] rating to a Sell from a a Buy in a research note published on January 23, 2025; the price target was decreased to $200 from $261. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. Mizuho began covering VEEV with “an Outperform” recommendation on December 04, 2024. Scotiabank started covering the stock on November 19, 2024. It rated VEEV as “a Sector perform”.
Price Performance Review of VEEV
On Monday, Veeva Systems Inc [NYSE:VEEV] saw its stock fall -0.78% to $225.77. Over the last five days, the stock has gained 7.47%. Veeva Systems Inc shares have risen nearly 7.38% since the year began. Nevertheless, the stocks have risen 12.59% over the past one year. While a 52-week high of $258.93 was reached on 03/10/25, a 52-week low of $170.25 was recorded on 04/07/25. SMA at 50 days reached $226.98, while 200 days put it at $216.65.
Levels Of Support And Resistance For VEEV Stock
The 24-hour chart illustrates a support level at 223.24, which if violated will result in even more drops to 220.72. On the upside, there is a resistance level at 229.12. A further resistance level may holdings at 232.48. The Relative Strength Index (RSI) on the 14-day chart is 52.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.35%. Stochastics %K at 93.13% indicates the stock is a selling.
How much short interest is there in Veeva Systems Inc?
A steep rise in short interest was recorded in Veeva Systems Inc stocks on 2025-04-15, growing by 0.29 million shares to a total of 3.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 3.6 million shares. There was a rise of 7.52%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 08, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $286 price target.
