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Glynn Capital Management Trimmed Its Veeva Systems (VEEV) Stake by $1.87 Million as Share Value Rose; Priceline Grp (PCLN) Shareholder Birch Hill Investment Advisors Lifted Its Position by $1.24 Million

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Birch Hill Investment Advisors Llc increased its stake in Priceline Grp Inc (PCLN) by 4.93% based on its latest 2017Q4 regulatory filing with the SEC. Birch Hill Investment Advisors Llc bought 712 shares as the company’s stock 0.00% . The institutional investor held 15,152 shares of the business services company at the end of 2017Q4, valued at $26.33 million, up from 14,440 at the end of the previous reported quarter. Birch Hill Investment Advisors Llc who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $92.94B market cap company. The stock decreased 0.07% or $1.38 during the last trading session, reaching $1905.64. About 570,074 shares traded or 36.99% up from the average. Booking Holdings Inc. (NASDAQ:PCLN) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Glynn Capital Management Llc decreased its stake in Veeva Systems (VEEV) by 10.5% based on its latest 2017Q4 regulatory filing with the SEC. Glynn Capital Management Llc sold 34,090 shares as the company’s stock rose 29.86% while stock markets declined. The hedge fund held 290,602 shares of the prepackaged software company at the end of 2017Q4, valued at $16.06 million, down from 324,692 at the end of the previous reported quarter. Glynn Capital Management Llc who had been investing in Veeva Systems for a number of months, seems to be less bullish one the $10.23 billion market cap company. The stock decreased 0.26% or $0.19 during the last trading session, reaching $71.87. About 778,837 shares traded. Veeva Systems Inc. (NYSE:VEEV) has risen 42.88% since April 17, 2017 and is uptrending. It has outperformed by 31.33% the S&P500.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.57, from 1.63 in 2017Q3. It worsened, as 51 investors sold VEEV shares while 91 reduced holdings. 54 funds opened positions while 96 raised stakes. 98.12 million shares or 2.33% more from 95.88 million shares in 2017Q3 were reported. Van Eck Assocs Corp holds 0.17% or 609,985 shares. Pacad Ltd stated it has 7,518 shares. 21,722 are owned by Amalgamated Commercial Bank. Tradewinds Cap Lc, Washington-based fund reported 22 shares. Strs Ohio accumulated 1,393 shares. Keybank Association Oh accumulated 15,275 shares. Andra Ap stated it has 19,600 shares or 0.02% of all its holdings. Oppenheimer Asset Mgmt holds 93,484 shares. Brown Advisory invested in 4,529 shares. Nicholas Inv Ptnrs Lp has 70,273 shares for 0.26% of their portfolio. 78,837 are held by Nuveen Asset Ltd Liability. Hillsdale Inv Mngmt holds 0.05% or 5,500 shares. Alps Advisors Inc accumulated 8,209 shares or 0% of the stock. Paloma Prtnrs Mngmt owns 24,936 shares for 0.02% of their portfolio. State Bank Of New York Mellon stated it has 638,077 shares or 0.01% of all its holdings.

Since October 18, 2017, it had 0 buys, and 20 insider sales for $18.64 million activity. BARABE TIMOTHY C sold $155,773 worth of stock or 1,993 shares. Zuppas Eleni Nitsa sold $64,866 worth of stock or 934 shares. Another trade for 3,000 shares valued at $232,290 was made by CODD RONALD E F on Thursday, March 15. Wallach Matthew J sold $927,409 worth of stock. Shares for $590,909 were sold by Ritter Gordon on Wednesday, October 18. $186,571 worth of Veeva Systems Inc. (NYSE:VEEV) was sold by Faddis Jonathan on Wednesday, March 7.

Analysts await Veeva Systems Inc. (NYSE:VEEV) to report earnings on May, 24. They expect $0.23 earnings per share, up 64.29% or $0.09 from last year’s $0.14 per share. VEEV’s profit will be $32.75M for 78.12 P/E if the $0.23 EPS becomes a reality. After $0.17 actual earnings per share reported by Veeva Systems Inc. for the previous quarter, Wall Street now forecasts 35.29% EPS growth.

Among 16 analysts covering Veeva Systems (NYSE:VEEV), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Veeva Systems had 54 analyst reports since August 28, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, June 5. The rating was maintained by Morgan Stanley on Wednesday, March 2 with “Overweight”. Morgan Stanley upgraded the shares of VEEV in report on Tuesday, January 30 to “Overweight” rating. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Buy” rating by Stifel Nicolaus on Friday, May 26. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Buy” rating by Canaccord Genuity on Monday, May 29. The stock has “Buy” rating by Stifel Nicolaus on Thursday, October 12. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Buy” rating by Canaccord Genuity on Thursday, October 5. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, March 1 report. As per Friday, May 27, the company rating was maintained by Citigroup. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Buy” rating by Needham on Monday, January 4.

Investors sentiment is 1.03 in 2017 Q4. Its the same as in 2017Q3. It has no change, as 86 investors sold PCLN shares while 311 reduced holdings. only 96 funds opened positions while 311 raised stakes. 43.90 million shares or 12.31% less from 50.07 million shares in 2017Q3 were reported. Robeco Institutional Asset Management Bv accumulated 59,151 shares. Crestwood Advisors Grp Ltd Co reported 1.32% of its portfolio in Booking Holdings Inc. (NASDAQ:PCLN). Sun Life Financial accumulated 0.02% or 107 shares. Magellan Asset Mngmt Ltd has invested 0% of its portfolio in Booking Holdings Inc. (NASDAQ:PCLN). First Pacific Advsr Ltd Liability invested in 0.04% or 2,740 shares. Ruggie Group invested 0.02% in Booking Holdings Inc. (NASDAQ:PCLN). Moreover, Arrow has 0.37% invested in Booking Holdings Inc. (NASDAQ:PCLN). Ajo Ltd Partnership invested in 3,827 shares. Invesco stated it has 677,778 shares. Johnson Financial Gp accumulated 89 shares. Sit Investment Associate invested in 0.23% or 5,669 shares. Allen Inv Mgmt Llc accumulated 50,562 shares or 3.92% of the stock. Da Davidson & Communication owns 3,355 shares or 0.12% of their US portfolio. Brown Advisory Inc, a Maryland-based fund reported 245,269 shares. Artisan Prns LP reported 106,564 shares.

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 101 analyst reports since July 21, 2015 according to SRatingsIntel. The company was initiated on Monday, January 25 by Wells Fargo. CLSA initiated Booking Holdings Inc. (NASDAQ:PCLN) rating on Thursday, December 8. CLSA has “Buy” rating and $1900 target. Deutsche Bank maintained Booking Holdings Inc. (NASDAQ:PCLN) on Friday, July 31 with “Hold” rating. Jefferies maintained Booking Holdings Inc. (NASDAQ:PCLN) rating on Friday, September 15. Jefferies has “Buy” rating and $2300.0 target. Barclays Capital upgraded it to “Overweight” rating and $1500 target in Wednesday, June 22 report. Barclays Capital maintained Booking Holdings Inc. (NASDAQ:PCLN) rating on Tuesday, February 28. Barclays Capital has “Overweight” rating and $1900 target. The firm earned “Buy” rating on Wednesday, January 18 by Miller Tabak. The firm has “Neutral” rating by Guggenheim given on Wednesday, May 4. KeyBanc Capital Markets maintained the shares of PCLN in report on Thursday, November 16 with “Hold” rating. The stock of Booking Holdings Inc. (NASDAQ:PCLN) earned “Overweight” rating by Piper Jaffray on Friday, August 5.

Since December 15, 2017, it had 0 buys, and 6 insider sales for $9.77 million activity. 250 shares were sold by EPSTEIN JEFFREY E, worth $505,000. $7.94M worth of Booking Holdings Inc. (NASDAQ:PCLN) was sold by MILLONES PETER J on Thursday, March 15.

Birch Hill Investment Advisors Llc, which manages about $1.24 billion and $1.21 billion US Long portfolio, decreased its stake in Alphabet Inc by 465 shares to 39,051 shares, valued at $41.14 million in 2017Q4, according to the filing. It also reduced its holding in Marsh & Mclennan Cos Inc (NYSE:MMC) by 4,280 shares in the quarter, leaving it with 604,866 shares, and cut its stake in Citigroup Inc (NYSE:C).

Veeva Systems Inc. (NYSE:VEEV) Institutional Positions Chart

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