Veeva Systems (VEEV) SVP Jonathan Faddis Sells $1.6M of Stock

Jonathan Faddis, Senior Vice President, General Counsel, and Secretary of Veeva Systems Inc. (VEEV), sold 5,198 shares of company stock on October 14, 2026. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission.

Inside Jonathan Faddis's Veeva Systems Trade

Faddis executed the sale under a pre-arranged Rule 10b5-1 trading plan, shedding 5,198 shares at an average price of $299.72. The total value of the trade reached approximately $1.56 million. After the transaction concluded, Faddis held 4,130 remaining shares, marking a 55.72% reduction in his direct ownership stake.

Other Institutional Activity in Veeva Systems

Principal Financial Group, Inc. grew its holdings by 837,806 shares, ending with 4,979,210 shares worth about $1.55 billion. Alliancebernstein L.P. reduced its stake by 1,357,670 shares, leaving it with 4,913,322 shares valued at roughly $1.52 billion. Linonia Partnership LP trimmed its position by 515,126 shares to hold 4,409,598 shares worth about $1.37 billion. AQR Capital Management, LLC expanded its holdings by 901,599 shares, finishing with 3,498,371 shares valued at approximately $1.09 billion.

Veeva Systems Inc. Stock Up 4.4%

Veeva Systems shares recently traded around $310.37 as of October 17, sitting 1.5% below their 52-week high of $315.00 and up 109.6% from their 52-week low of $148.05. The stock trades 17.1% above its 50-day moving average of $264.97 and 52.1% above its 200-day moving average of $204.00.

Recent Earnings

Veeva Systems reported trailing twelve-month revenue of $3.46 billion alongside a net profit margin of 29.3% and a return on equity of 14.4%. The company holds a trailing price-to-earnings ratio of 51.32 and a forward price-to-earnings ratio of 30.54. Its next earnings report is scheduled for November 25, 2026.

Insider Buying and Selling at Veeva Systems Inc.

President Thomas D Schwenger sold 10,000 shares on August 27, 2026, at an average price of $281.33 for a total of $2.81 million. Director Priscilla C Hung sold 750 shares on September 9, 2026, at an average price of $261.04, totaling $195,780. Thomas D Schwenger later sold 1,000 shares on September 14, 2026, at an average price of $265.20 for $265,200. Officer Daniel J Rizzo sold 4,841 shares on October 2, 2026, valued at $1.34 million.

Analysts Set New Price Targets

On August 27, 2026, Mizuho maintained its Outperform rating while raising its price target from $270.00 to $280.00. BMO Capital maintained a Market Perform rating on August 27, 2026, lifting its target from $175.00 to $270.00. Baird maintained an Outperform rating on August 27, 2026, adjusting its target from $260.00 to $300.00. Canaccord Genuity maintained a Hold rating on August 27, 2026, raising its target from $220.00 to $260.00. Citigroup maintained a Neutral rating on August 28, 2026, moving its target from $190.00 to $273.00. Across Wall Street, the stock holds a consensus buy rating with a mean price target of $297.04 based on 27 analyst opinions.

About Veeva Systems

Veeva Systems Inc. provides cloud-based software and data solutions designed specifically for the global life sciences industry. Its products help pharmaceutical and biotech companies manage clinical trials, regulatory submissions, and commercial operations across North America, Europe, Asia Pacific, and Latin America.

Bottom Line

Insider sales at Veeva Systems continue as executives adjust their personal holdings following strong stock performance above major moving averages. Investors will look toward the company's upcoming earnings release on November 25, 2026, for further updates on software adoption and financial growth.