Veeva Systems (VEEV)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.05 bn	1.05 bn	1.05 bn	1.05 bn	1.05 bn	1.05 bn
Cash burn (monthly)	40.41 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	162.52 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	884.17 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	21.9	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

VEEV institutional ownership history Ownership history

80.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	970	942	+3.0%
Opened positions	130	128	+1.6%
Closed positions	102	89	+14.6%
Increased positions	350	353	-0.8%
Reduced positions	329	323	+1.9%

13F shares	Current	Prev Q	Change
Total value	24.54 tn	23.55 tn	+4.2%
Total shares	130.25 mm	125.72 mm	+3.6%
Total puts	1.24 mm	1.13 mm	+10.5%
Total calls	1.46 mm	1.01 mm	+44.6%
Total put/call ratio	0.8	1.1	-23.5%

Largest owners	Shares	Value	Change
Vanguard	14.45 mm	$3.04 tn	+0.2%
BlackRock	10.16 mm	$2.14 tn	+5.1%
T. Rowe Price Investment Management	5.17 mm	$1.09 bn	+3.5%
Alliancebernstein	4.97 mm	$1.04 tn	-20.0%
STT State Street	3.41 mm	$717.11 bn	+3.6%
T. Rowe Price	3.30 mm	$694.39 mm	+0.1%
Massachusetts Financial Services	3.22 mm	$676.73 bn	-9.2%
FMR	3.21 mm	$675.61 bn	+7.8%
JPM JPMorgan Chase & Co.	3.01 mm	$631.93 bn	+17.5%
PFG Principal Financial	2.96 mm	$623.19 bn	+36.0%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	1.40 mm	+1.40 mm	NEW
Durable Capital Partners	0.00	-1.24 mm	EXIT
Alliancebernstein	4.97 mm	-1.24 mm	-20.0%
Artisan Partners Limited Partnership	1.42 mm	-1.20 mm	-45.9%
Wealthfront Advisers	1.05 mm	+1.05 mm	+29760.5%
PFG Principal Financial	2.96 mm	+784.74 k	+36.0%
Capital International Investors	741.38 k	-692.67 k	-48.3%
Stockbridge Partners	652.84 k	+652.84 k	NEW
Marshall Wace	638.38 k	+514.00 k	+413.3%
BlackRock	10.16 mm	+494.94 k	+5.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

VEEV insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jan 25	Schwenger Thomas D.	Class A Common Stock	Payment of exercise	Dispose F	No	No	210.25	593	124.68 k	28,329
1 Jan 25	Schwenger Thomas D.	Class A Common Stock	Option exercise	Acquire M	No	No	0	1,909	0.00	28,922
1 Jan 25	Schwenger Thomas D.	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	1,909	0.00	1,909
1 Jan 25	Eleni Nitsa Zuppas	Class A Common Stock	Payment of exercise	Dispose F	No	No	210.25	517	108.70 k	22,779
1 Jan 25	Eleni Nitsa Zuppas	Class A Common Stock	Option exercise	Acquire M	No	No	0	1,323	0.00	23,296
1 Jan 25	Eleni Nitsa Zuppas	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	1,323	0.00	1,324
1 Jan 25	Diamond Kristine	Class A Common Stock	Payment of exercise	Dispose F	No	No	210.25	84	17.66 k	738
1 Jan 25	Diamond Kristine	Class A Common Stock	Option exercise	Acquire M	No	No	0	203	0.00	822
1 Jan 25	Diamond Kristine	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	203	0.00	204
1 Jan 25	Wagener Brian Van	Class A Common Stock	Payment of exercise	Dispose F	No	No	210.25	477	100.29 k	5,570