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)	120.35 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	926.34 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	22.9	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, Q3 2024

VEEV institutional ownership history Ownership history

77.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	938	895	+4.8%
Opened positions	130	113	+15.0%
Closed positions	87	107	-18.7%
Increased positions	350	361	-3.0%
Reduced positions	320	290	+10.3%

13F shares	Current	Prev Q	Change
Total value	23.54 tn	20.72 tn	+13.6%
Total shares	125.67 mm	127.03 mm	-1.1%
Total puts	1.13 mm	932.59 k	+20.6%
Total calls	1.01 mm	693.70 k	+46.0%
Total put/call ratio	1.1	1.3	-17.4%

Largest owners	Shares	Value	Change
Vanguard	14.41 mm	$3.02 tn	+0.2%
BlackRock	9.66 mm	$2.03 tn	NEW
Alliancebernstein	6.21 mm	$1.30 tn	-10.9%
T. Rowe Price Investment Management	4.99 mm	$1.05 bn	-0.5%
Massachusetts Financial Services	3.55 mm	$744.08 bn	+64.7%
T. Rowe Price	3.30 mm	$692.18 mm	+1.9%
STT State Street	3.29 mm	$691.13 bn	+1.5%
FMR	2.98 mm	$625.67 bn	+25.7%
Geode Capital Management	2.77 mm	$579.63 bn	+5.7%
Artisan Partners Limited Partnership	2.62 mm	$549.80 bn	-22.7%

Largest transactions	Shares	Bought/sold	Change
BlackRock	9.66 mm	+9.66 mm	NEW
BLK BlackRock	0.00	-9.48 mm	EXIT
Massachusetts Financial Services	3.55 mm	+1.39 mm	+64.7%
Norges Bank	0.00	-1.33 mm	EXIT
PFG Principal Financial	2.18 mm	+1.27 mm	+138.9%
JPM JPMorgan Chase & Co.	2.56 mm	+1.08 mm	+72.9%
Artisan Partners Limited Partnership	2.62 mm	-770.76 k	-22.7%
Alliancebernstein	6.21 mm	-760.43 k	-10.9%
Matrix Capital Management	0.00	-748.82 k	EXIT
Citadel Advisors	233.12 k	-703.06 k	-75.1%

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