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Veeva Systems Inc. (VEEV) Touches $78.62 High on May, 14; Icahn Carl C Lifted Icahn Enterprises LP (IEP) Stake By $229.47 Million

Veeva Systems Inc. (NYSE:VEEV) Logo

Icahn Carl C increased Icahn Enterprises Lp (IEP) stake by 2.88% reported in 2017Q4 SEC filing. Icahn Carl C acquired 4.41M shares as Icahn Enterprises Lp (IEP)’s stock rose 7.33%. The Icahn Carl C holds 157.90 million shares with $8.37 billion value, up from 153.49M last quarter. Icahn Enterprises Lp now has $11.95B valuation. The stock decreased 3.66% or $2.55 during the last trading session, reaching $67.09. About 93,733 shares traded. Icahn Enterprises L.P. (NASDAQ:IEP) has risen 11.77% since May 14, 2017 and is uptrending. It has outperformed by 0.22% the S&P500.

The stock of Veeva Systems Inc. (NYSE:VEEV) reached all time high today, May, 14 and still has $84.91 target or 8.00% above today’s $78.62 share price. This indicates more upside for the $11.26 billion company. This technical setup was reported by Barchart.com. If the $84.91 PT is reached, the company will be worth $900.40M more. The stock increased 1.17% or $0.9082 during the last trading session, reaching $78.6182. About 333,451 shares traded. Veeva Systems Inc. (NYSE:VEEV) has risen 42.88% since May 14, 2017 and is uptrending. It has outperformed by 31.33% the S&P500.

Investors sentiment increased to 1.24 in 2017 Q4. Its up 0.36, from 0.88 in 2017Q3. It improved, as 7 investors sold IEP shares while 18 reduced holdings. 11 funds opened positions while 20 raised stakes. 169.13 million shares or 2.85% more from 164.45 million shares in 2017Q3 were reported. Plante Moran Financial Advsrs Llc has 109 shares. Peak6 Investments Limited Partnership invested 0% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP). Wells Fargo Mn reported 0% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP). Regions Financial invested in 96 shares. Virtu Fincl Ltd Llc owns 16,611 shares for 0.05% of their portfolio. Advisory Ntwk Ltd reported 0% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP). X Ltd Limited Liability Company accumulated 0% or 2,745 shares. Architects holds 550 shares. Gabelli And Inv Advisers Incorporated invested in 7,715 shares or 0.05% of the stock. Brown Brothers Harriman And Company accumulated 0% or 63 shares. Asset Incorporated has invested 0.14% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP). Mckinley Cap Limited Liability Corp Delaware invested 0.08% in Icahn Enterprises L.P. (NASDAQ:IEP). Cibc Asset Mngmt holds 5,478 shares. Warren Averett Asset Mngmt Ltd Llc stated it has 615 shares. Amer Insur Tx reported 32,525 shares.

Among 2 analysts covering Icahn Enterprises LP (NASDAQ:IEP), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Icahn Enterprises LP had 5 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, November 8, the company rating was maintained by UBS. The rating was maintained by UBS with “Sell” on Tuesday, March 6. The stock of Icahn Enterprises L.P. (NASDAQ:IEP) earned “Buy” rating by Jefferies on Friday, November 3. The stock of Icahn Enterprises L.P. (NASDAQ:IEP) has “Sell” rating given on Thursday, August 18 by UBS.

More notable recent Icahn Enterprises L.P. (NASDAQ:IEP) news were published by: Globenewswire.com which released: “Icahn Enterprises LP Reports First Quarter 2018 Financial Results” on May 03, 2018, also Nasdaq.com with their article: “Is Eldorado Resorts Expanding Too Fast?” published on April 23, 2018, Nasdaq.com published: “Despite Surviving Short Attack, Herbalife Ltd. Stock Is Still Overvalued” on April 26, 2018. More interesting news about Icahn Enterprises L.P. (NASDAQ:IEP) were released by: Streetinsider.com and their article: “Icahn Enterprises LP (IEP) to Sell Tropicana Entertainment Inc. for $1.85 Billion” published on April 16, 2018 as well as Bizjournals.com‘s news article titled: “Senators seek explanation for Icahn’s valuable EPA exemption” with publication date: May 09, 2018.

Among 16 analysts covering Veeva Systems (NYSE:VEEV), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Veeva Systems has $81 highest and $24 lowest target. $58.14’s average target is -26.05% below currents $78.6182 stock price. Veeva Systems had 54 analyst reports since August 28, 2015 according to SRatingsIntel. The stock of Veeva Systems Inc. (NYSE:VEEV) has “Buy” rating given on Thursday, October 12 by Stifel Nicolaus. Deutsche Bank maintained Veeva Systems Inc. (NYSE:VEEV) rating on Wednesday, November 25. Deutsche Bank has “Hold” rating and $28 target. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Buy” rating by KeyBanc Capital Markets on Thursday, August 24. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Buy” rating by Needham on Friday, August 25. Goldman Sachs initiated the shares of VEEV in report on Tuesday, October 4 with “Neutral” rating. Needham maintained the stock with “Buy” rating in Wednesday, March 1 report. The rating was maintained by Stifel Nicolaus on Wednesday, February 28 with “Buy”. Leerink Swann maintained the shares of VEEV in report on Wednesday, November 25 with “Market Perform” rating. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, October 5. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Neutral” rating by JP Morgan on Friday, March 9.

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. The company has market cap of $11.26 billion. The firm offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, which allow pharmaceutical and biotechnology companies to target and support sales and marketing to physicians, other healthcare professionals, and healthcare organizations through various touch points, including in-person, email, and online; and Veeva Vault, a cloud enterprise content management platform and suite of applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, and quality. It has a 85.45 P/E ratio. It also provides Veeva Network master data management solutions for the management of customer master and product master data.

Since December 15, 2017, it had 0 insider purchases, and 22 selling transactions for $19.58 million activity. Shares for $167,280 were sold by CODD RONALD E F. Another trade for 24,000 shares valued at $1.39 million was sold by Wallach Matthew J. Another trade for 2,875 shares valued at $206,202 was sold by Lequient Frederic. Zuppas Eleni Nitsa sold 49,793 shares worth $3.85 million. Shares for $155,773 were sold by BARABE TIMOTHY C on Thursday, March 8. On Monday, December 18 the insider Cabral Timothy S sold $2.79 million. Shares for $43,772 were sold by MATEO ALAN.

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 $32.93M for 85.45 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.

More news for Veeva Systems Inc. (NYSE:VEEV) were recently published by: Globenewswire.com, which released: “Detailed Research: Economic Perspectives on Menlo Therapeutics, Potbelly, Maximus, Veeva, RLJ Lodging Trust, and …” on April 18, 2018. Businesswire.com‘s article titled: “Veeva Announces Merck’s Expanded Use of Veeva CRM for Latin America and Asia Pacific” and published on May 07, 2018 is yet another important article.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.57, from 1.63 in 2017Q3. It is negative, as 51 investors sold Veeva Systems Inc. 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. Hsbc Holdings Plc holds 0% or 33,730 shares in its portfolio. Van Hulzen Asset Mngmt Ltd has invested 0.1% in Veeva Systems Inc. (NYSE:VEEV). Moreover, Keybank Natl Association Oh has 0% invested in Veeva Systems Inc. (NYSE:VEEV) for 15,275 shares. Fmr Limited Liability Corp accumulated 3.66M shares. Dimensional Fund Lp reported 238,286 shares stake. Geode Capital Ltd Liability, Massachusetts-based fund reported 915,744 shares. Valley Advisers has 525 shares. Sfmg Ltd Llc owns 13,405 shares or 0.12% of their US portfolio. 609,985 are held by Van Eck Associates. 4,632 were reported by Bnp Paribas Arbitrage. Balyasny Asset Management Limited Liability invested in 0% or 6,184 shares. First Personal Financial Serv invested 0% in Veeva Systems Inc. (NYSE:VEEV). Barbara Oil holds 10,000 shares. Teacher Retirement System Of Texas holds 0.04% or 106,543 shares. Arcadia Investment Mgmt Mi holds 0.02% or 1,000 shares.

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

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