InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$310.36

2026-10-16

Market Cap

$50.3B

Volume

1.7M

52-Wk High

$319.95

52-Wk Low

$148.05

Trailing PE

50.0

P/S

14.53

Gross Margin

75.0%

Net Margin

29.3%

ROE

14%

ROIC

10%

Piotroski

5/9

Altman Z

21.0

1-Yr Return

+6.0%

5-Yr Return

+96.9%

Veeva Systems Inc. is a leading provider of cloud-based software solutions, exclusively dedicated to the global life sciences industry. Its extensive operational presence spans across North America, Europe, the Asia Pacific region, the Middle East, Africa, and Latin America. The company's product portfolio is primarily structured around two major offerings. First, the Veeva Commercial Cloud delivers an integrated suite of software, data, and analytics tools designed to optimize commercial operations. This includes vital applications such as Veeva Customer Relationship Management (CRM) and its specialized Medical CRM, Veeva Closed Loop Marketing (CLM), sophisticated analytics via Veeva CRM MyInsights, approved email communication with Veeva CRM Approved Email, digital engagement tools like Veeva CRM Engage, commercial alignment through Veeva Align, event management capabilities with Veeva CRM Events Management, data warehousing solutions (Veeva Nitro), data services (Veeva OpenData, Veeva Link), master data management (Veeva Network), advanced analytical insights (Veeva Crossix, Veeva Data Cloud), and patient engagement platforms (MyVeeva for Patients). Secondly, Veeva Vault provides a robust collection of cloud-native enterprise content and data management applications. These applications are engineered to support both critical commercial functionsâencompassing sales, marketing, and medical content and communicationsâand comprehensive research and development processes, including clinical trials, regulatory compliance, quality management, and patient safety. Beyond its software, Veeva offers a wide array of professional and support services. These range from strategic implementation and deployment planning, project management, and detailed requirements analysis to solution design and configuration. They also include system environment management and deployment, expert consulting for business process transformation related to Veeva solutions, technical guidance on data migration and systems integrations, comprehensive training programs, and ongoing managed services such as outsourced systems administration. Tracing its origins, the company was incorporated in 2007 as Verticals onDemand, Inc., and subsequently rebranded to Veeva Systems Inc. in April 2009. Its corporate headquarters are situated in Pleasanton, California.

SectorTechnologyIndustrySoftware - ApplicationExchangeNYSEMarket Cap$50.3BEmployees7,928 (SEC-filed)CEOPeter GassnerIPO2013-10-16CountryUS

4280 Hacienda Drive, Pleasanton, CA 94588 · Tel 925 452 6500 · veeva.com

INSIDERSTREET SCORE83 / 100Street mean $294.74 (27 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALROUTINE SELLING — LOW SIGNAL$17M sold / 6 mo, zero open-market buys

1 Year vs S&P 500 · VEEV +6.0% · S&P 500 +15.9% · spread -9.8pp

7 Years vs S&P 500 · VEEV +96.9% · S&P 500 +189.9% · spread -93.0pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

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INSIDERSTREET
SCORE83of 100

Score Breakdown

Profitability	81/100
Growth	70/100
Momentum	95/100
Quality	88/100
Earnings Quality	68/100
Balance Sheet	95/100
Value	44/100
Risk (safety)	100/100
Overall	82.5/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
ADSK	82
TEAM	56
WDAY	75
MSTR	32
NBIS	44
ROP	70
VEEV	83

IS Score Trend — quarterly

18 quarters, 23 Q1 to 27 Q2. Peak 83 in 27 Q1, latest 83 — -1 since. Fell in 1 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

BUSINESS QUALITY83 / 100IS Score 82.5 / 100 · -0.5 from peak of 83

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBULLISHTechnical Score 86 / 100 · Power +73 · 21 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

Both readings sit above the midpoint — business quality at 83 and price structure at 86 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.

Trigger	Where it stands now	What it would mean
IS Score reaches 75 and holds two consecutive quarters	now 82.5	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 82 → 82 → 83 → 83	the direction matters more than the level
Technical vote share back above 50%	now 100%	price structure no longer broken
Institutional holder count rises two quarters running	peak 1,123 → now 1,068	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

Site Convergence Score3 of 4top 4% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)1 buys2026-06-02

Insider Buys (180d)0none disclosed

ETF Funds (30d)1111 up / 993 downnet +118 funds

Institutions Added (13F)43managers opening or increasing

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 1,123 · latest 1,068 (-55 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	1,068	146.2M	$24.3B	90.1%
2026 Q1	1,025	137.4M	$22.9B	84.7%
2025 Q4	1,109	139.4M	$29.5B	85.9%
2025 Q3	1,123	140.7M	$39.8B	86.6%
2025 Q2	1,117	140.1M	$38.2B	86.3%
2025 Q1	1,027	135.2M	$28.6B	83.3%
2024 Q4	1,007	131.1M	$25.5B	80.8%
2024 Q3	964	128.3M	$24.6B	79.0%
2024 Q2	924	128.0M	$21.5B	78.8%
2024 Q1	923	129.4M	$26.8B	79.7%
2023 Q4	883	129.2M	$22.4B	79.6%
2023 Q3	834	132.7M	$24.5B	81.7%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Faddis Jonathan	SVP, Gen. Counsel, Secretary	2026-10-14	SELL	3,515	$1.05M	5,813
Faddis Jonathan	SVP, Gen. Counsel, Secretary	2026-10-14	SELL	975	$0.29M	4,838
Faddis Jonathan	SVP, Gen. Counsel, Secretary	2026-10-14	SELL	708	$0.21M	4,130
Rizzo Daniel J	EVP, Sales, Consulting, & Svcs	2026-10-02	SELL	4,520	$1.25M	7,986
Rizzo Daniel J	EVP, Sales, Consulting, & Svcs	2026-10-02	SELL	321	$0.09M	7,665
Faddis Jonathan	SVP, Gen. Counsel, Secretary	2026-10-02	GIFT	803	—	9,328
Schwenger Thomas D.	Pres. & Chief Customer Officer	2026-10-01	EXERCISE	2,907	—	21,356
Schwenger Thomas D.	Pres. & Chief Customer Officer	2026-10-01	TAX W/H	1,272	$0.36M	20,084

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
S — Open-market sales	15	65,289	$16.6M	Counted
M — Exercises (paired A/D)	34	75,524	$6.9M	None — mechanics
F — Tax withholding	18	17,264	$3.5M	None — compensation
G — Gifts	1	803	—	None
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalRoutine Selling — Low Signal

Open-Market Sells$16.6M15 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2026-10-15	Thomas Schwenger	2,485	$0.7M
2026-10-15	Thomas Schwenger	3,000	$0.9M
2026-10-14	Faddis Jonathan	5,198	$1.6M
2026-10-14	Thomas Schwenger	6,695	$2.0M
Trailing 12 mo	17 filings	238,885	$65M

Filed	Form	Reporting person	% of class	Shares
2026-07-31	SCHEDULE 13G	Vanguard Capital Management	6.89%	11.2M sh
2026-07-30	SCHEDULE 13G/A	BlackRock, Inc.	7.30%	11.9M sh
2025-10-31	SCHEDULE 13G/A	The Vanguard Group	9.41%	15.4M sh

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Member	Chamber	Trade	Size band	Traded	Disclosed
Ro Khanna	House	BUY	$1,001 - $15,000	2026-06-02	2026-07-08
Rob Bresnahan	House	BUY	$1,001 - $15,000	2025-05-29	2025-06-24
Robert P. Bresnahan	House	BUY	$1,001 - $15,000	2025-05-28	2025-06-24
Tommy Tuberville	Senate	SELL	$1,001 - $15,000	2022-03-30	2022-04-08
Tommy Tuberville	Senate	SELL	$1,001 - $15,000	2022-03-30	2022-04-07
Thomas Hawley Tuberville	Senate	SELL	$1,001 - $15,000	2022-03-30	2022-04-07

House 12-Mo1 trades1 purchases

Senate 12-Mo0 tradesNone purchases

CoverageSTOCK Act filings30-45 day disclosure lag

13F Filers (last complete Q)1,025

13F Shares137M84.7% of shares out

New / Closed132 / 197positions, QoQ

Increased / Reduced399 / 367positions, QoQ

Put/Call (13F)0.72option positions

Free Float91.6%148M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Chicago Capital, Llc	289,572	$83M
Seilern Investment Management Ltd	178,815	$51M
Rockland Trust Co	169,594	$48M
Zevenbergen Capital Investments Ll	109,731	$31M
Wealth Enhancement Advisory Servic	96,245	$15M
Assenagon Asset Management S.A.	90,573	$26M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.1%	$1.3B
VTI	0.1%	$1.3B
VTSAX	0.1%	$1.3B
VSMPX	0.1%	$1.3B
VFINX	0.1%	$1.1B
VOO	0.1%	$1.1B

13F Filers Holding VEEV — quarterly

Institutional Put/Call — quarterly

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Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session59.9%2026-10-15

20-Day Avg60.8%50-day 60.4%

TrendRising20d vs 50d

By Market CenterQ: 59% · N: 70% · B: 60%latest session

Weekly Notional ($B)

Where VEEV Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Sgmt Sigma X2	1.8M	30 sh
Ebxl Level Ats	1.6M	26 sh
Mlix Instinct X	1.6M	38 sh
Ubsa Ubs Ats	1.5M	33 sh
Mspl Ms Pool (Ats-4)	1.5M	90 sh
Mstx Ms Trajectory Cross (Ats-1)	1.2M	30 sh

Where a dollar of Veeva Systems Inc. revenue goes. All values FY2026 filings, live.

Region	Revenue	Share
North America	$1.9B	61%
Europe	$940M	30%
Asia Pacific	$280M	9%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

VEEV (live moat model)Peer median: ADSK · TEAM · WDAY · MSTR · NBIS

Component scores from the live moat model. Peer median illustrative.

Moat score 54/100 — Weak; primary source Network Effects.

3.8 · Employees (SEC filings)

Officer	Title
Brian Van Wagener	Chief Financial Officer
Eleni Nitsa Zuppas	President & Chief of Staff
Jonathan W. Faddis	Senior Vice President, General Counsel & Corporate Secretary
Peter Gassner	Founder, Chief Executive Officer & Director

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Quarterly EPS — Actual vs. Consensus

Beats (>2%)6 of 6recent quarters

Avg Surprise+6.5%

Next Report2026-11-25

Income Quality1.64OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

Profit Margins (%)

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY22	FY23	FY24	FY25	FY26
Revenue	+26.3%	+16.4%	+9.7%	+16.2%	+16.3%
Gross profit	+27.5%	+14.7%	+9.1%	+21.4%	+17.9%
Operating income	+33.8%	-9.2%	-6.5%	+61.0%	+32.5%
Net income	+12.5%	+14.1%	+7.8%	+35.8%	+27.3%

$B · FY ends	FY22	FY23	FY24	FY25	FY26
Revenue	1.9	2.2	2.4	2.7	3.2
Cost of revenue	0.5	0.6	0.7	0.7	0.8
Gross profit	1.3	1.5	1.7	2.0	2.4
R&D expense	0.4	0.5	0.6	0.7	0.8
SG&A expense	0.5	0.6	0.6	0.7	0.7
Operating income	0.5	0.5	0.4	0.7	0.9
EBITDA	0.5	0.5	0.5	0.7	1.2
D&A	0.0	0.0	0.0	0.0	0.1
Pretax income	0.5	0.5	0.6	0.9	1.2
Income tax	0.1	0.0	0.1	0.2	0.3
Net income	0.4	0.5	0.5	0.7	0.9
Diluted EPS ($)	2.63	3.00	3.22	4.32	5.44
Diluted shares (M)	162	162	163	165	167

Operating CF$1B

CapEx$0B

Free cash flow$1B

SBC$0B

Buybacks$0B

Net cash change$0B

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Balance Sheet — Full

$B	FY23	FY24	FY25	FY26
Cash & equivalents	0.9	0.7	1.1	1.4
ST investments	2.2	3.3	4.0	5.1
Receivables (net)	0.8	0.9	1.1	1.3
Total current assets	4.0	5.0	6.3	8.0
PP&E (net)	0.1	0.1	0.1	0.1
Goodwill + intangibles	0.5	0.5	0.5	0.5
Total assets	4.8	5.9	7.3	9.0
Accounts payable	0.0	0.0	0.0	0.0
Short-term debt	0.0	0.0	0.0	0.0
Deferred revenue	0.9	1.0	1.3	1.5
Total current liabilities	1.0	1.2	1.4	1.6
Long-term debt	0.0	0.0	0.0	0.0
Total liabilities	1.1	1.3	1.5	1.8
Shareholders' equity	3.7	4.6	5.8	7.2

Cash Flow Statement — Full

$B	FY23	FY24	FY25	FY26
Net income	0.5	0.5	0.7	0.9
D&A	0.0	0.0	0.1	0.1
Stock-based compensation	0.0	0.0	0.0	0.5
Working capital change	0.0	0.1	0.0	(0.1)
Operating cash flow	0.8	0.9	1.1	1.4
Capital expenditures	(0.0)	(0.0)	(0.0)	(0.0)
Investing cash flow	(1.0)	(1.1)	(0.7)	(1.1)
Buybacks	0.0	0.0	0.0	(0.2)
Dividends paid	0.0	0.0	0.0	0.0
Debt issuance / (repay)	0.0	0.0	0.0	0.0
Financing cash flow	(0.0)	(0.0)	0.0	(0.0)
Free cash flow	0.8	0.9	1.1	1.4

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Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

Ratio	FY22	FY23	FY24	FY25	FY26	TTM
PROFITABILITY
ROE	16.5%	14.7%	12.6%	13.6%	13.9%	14%
ROA	12.5%	11.3%	9.8%	10.8%	11.1%	11.2%
ROIC	71.5%	65.2%	57.0%	70.9%	93.0%	10.4%
Gross margin	72.8%	71.7%	71.3%	74.5%	75.5%	75.0%
Operating margin	27.3%	21.3%	18.2%	25.2%	28.7%	29.9%
Net margin	23.1%	22.6%	22.2%	26.0%	28.4%	29.3%
EBITDA margin	28.8%	22.7%	19.5%	26.6%	39.0%	37.5%
FCF margin	40.5%	35.6%	37.4%	38.9%	43.5%	—
VALUATION
P/E	90.04	56.69	64.73	54.11	37.75	50.0
P/B	13.22	7.44	7.33	6.63	4.76	6.8
P/S	20.79	12.83	14.40	14.07	10.74	14.53
P/FCF	51.29	36.05	38.45	36.13	24.69	30.6
EV/EBITDA	67.85	50.40	64.91	42.63	22.54	37.5
EV/Revenue	19.54	11.42	12.72	12.22	8.71	14.1
Earnings yield	1.1%	1.8%	1.5%	1.8%	2.6%	2.01%
FCF yield	1.9%	2.8%	2.6%	2.8%	4.1%	3.27%

Ratio	FY22	FY23	FY24	FY25	FY26	TTM
LEVERAGE & SOLVENCY
Current ratio	3.70	3.94	4.24	4.51	4.89	5.46
Quick ratio	3.70	3.94	4.24	4.51	4.89	5.46
Debt / equity	0.02	0.02	0.01	0.01	0.01	0.02
Debt / assets	1.4%	1.3%	0.9%	1.0%	1.1%	1.7%
Net debt / EBITDA	-4.36	-6.23	-8.58	-6.44	-5.23	-1.28
Interest coverage	—	—	—	—	—	—

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Ratio	FY22	FY23	FY24	FY25	FY26	TTM
EFFICIENCY
Asset turnover	0.54	0.50	0.44	0.41	0.39	0.38
Receivables turnover	3.10	3.23	3.04	2.94	2.81	6.1
DSO (days)	118	113	120	124	130	60
DPO (days)	16	19	20	16	16	15
Cash conversion cycle	102	94	100	108	114	45
GROWTH (YoY)
Revenue growth	26.3%	16.4%	9.7%	16.2%	16.3%	—
Net income growth	12.5%	14.1%	7.8%	35.8%	27.3%	—
EPS growth	12.0%	14.5%	6.5%	34.5%	25.3%	—
FCF growth	38.3%	2.2%	15.4%	20.8%	29.9%	—
PER SHARE ($)
EPS (diluted, TTM)	2.63	3.01	3.20	4.31	5.40	6.25
Book value / share	17.90	22.93	28.31	35.20	42.88	45.78
Revenue / share	11.38	13.29	14.41	16.58	18.99	21.30
FCF / share	4.61	4.73	5.39	6.46	8.26	10.12
Cash / share	14.61	19.14	24.55	31.09	38.99	44.61
SHAREHOLDER RETURN & SCORES
Buyback yield	0.0%	0.0%	0.0%	0.0%	0.5%	1.91%
Altman Z-Score	27.78	17.40	18.19	17.55	13.99	21.0
Piotroski F-Score	7	8	6	7	6	5/9
Beneish M-Score	-2.79	-2.59	-2.65	-2.53	-2.56	-2.61

Model	Score	Zone	Note
Piotroski F-Score	5 / 9	Middling
Altman Z-Score	21.0	Safe (>2.99)	Safe
Income quality	1.64	Cash-backed	OCF ÷ net income
Beneish M-Score	-2.61	Non-manipulator	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.76
Interest burden	1.06
Operating margin	36.2%
Asset turnover	0.41×
Financial leverage	1.21×
= ROE	14%

Growth Quality (live)	Value
Revenue stability	0.99
Earnings stability	0.91
Earnings persistence	0.90
Revenue CAGR 3y	15.7%
EPS CAGR 3y	22.9%
FCF CAGR 3y	19.8%

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Buyback Yield1.91%

Dividend Yield0.00%none paid

Total Shareholder Return1.65%cash yield

SBC / Revenue7.4%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
ADSK	$50.1B	30.9	54%	24.0%	+18.0%	8/9	-20.0%
TEAM	$52.6B	-989.6	-4%	7.9%	+26.0%	7/9	+38.4%
WDAY	$46.0B	38.5	16%	23.8%	+13.4%	7/9	-16.2%
MSTR	$55.1B	-1.4	-31%	—	+6.8%	3/9	-51.8%
NBIS	$39.7B	636.4	1%	-32.7%	+583.4%	5/9	—
ROP	$37.9B	15.9	13%	55.4%	+10.9%	8/9	—
INTU	$86.9B	19.7	24%	8.3%	+13.9%	7/9	—
CDNS	$88.0B	63.1	23%	23.2%	+14.7%	6/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Buy

43 Analysts

Str Sell (0)Sell (1)Hold (13)Buy (29)Str Buy (0)

Mean Target (qtr)$294.7427 targets

Target vs. Price-5.0%last-quarter mean

Next Report2026-11-25street $2.33

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$3.17B	$3.22B / $3.14B	$7.94	$7.96 / $7.93	21
FY2027	$3.69B	$3.75B / $3.68B	$9.24	$9.27 / $9.19	17
FY2028	$4.14B	$4.19B / $4.09B	$10.27	$10.70 / $9.79	16

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$325.00	+4.7%	1
Last Quarter	$294.74	-5.0%	27
Last Year	$276.18	-11.0%	51
All Time	$263.41	-15.1%	117

Rolling mean of published targets vs. last close $310.36. Aggregated from StreetInsider, Benzinga, Pulse 2.0.

Third-Party Composite Rating

B+

DCF

3/5

ROE

3/5

ROA

4/5

Debt/Eq

4/5

P/E

2/5

P/B

2/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

VEEV +6.0% vs S&P 500 +15.9% — spread -9.8pp

Sector — XLK +29.0%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$284.82	+25.54	+8.97%	Above
SMA 50	$268.82	+41.54	+15.45%	Above
SMA 200	$204.87	+105.49	+51.49%	Above
EMA 9	$298.31	+12.05	+4.04%	Above
EMA 21	$286.98	+23.38	+8.15%	Above
EMA 50	$265.89	+44.47	+16.72%	Above
EMA 200	$227.23	+83.13	+36.58%	Above

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTBULLISHPower Score +7321 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%100

Momentum 25%91

Volume 20%81

Volatility 10%100

Patterns 15%50

This Week100% bullishof 11 price-based votes

4 Weeks Ago45%+55 pts since

12 Weeks Ago27%+73 pts since

ReadImprovingweek-over-week trajectory

Price vs SMA 20$284.82

Price vs SMA 50$268.82

Price vs SMA 200$204.87

EMA 9/21 Cross298.3/287.0

SMA 50/200Golden

ADX DirectionADX 42

Supertrend$281

Parabolic SAR$279

SMA Slope2.510

RSI71.2

Stochastic K/D81/80

StochRSI K/D85/88

Williams %R-19

CCI175

TSI vs Signal35.6

CMO42.5

ROC13.57%

OBV SignalAccum

Chaikin MF0.130

MFI79

Force Index8M

Elder Ray Bull32.20

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 80

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$307.91 / $320.14 / $327.26	S1 / S2	$300.79 / $288.56
Bollinger (20,2)	$257.28 – $312.36	Squeeze	Off
52-wk range	$148.05 – $319.18	Off 52-wk high	-2.7%
ATR (14)	$10.12 (3.3%)	Historical vol	33.9%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

+3.7%Jan69%

+2.4%Feb46%

-0.9%Mar54%

+0.3%Apr58%

+6.3%May75%

+6.6%Jun75%

+3.0%Jul75%

+5.6%Aug50%

-2.6%Sep25%

+0.4%Oct54%

+3.9%Nov69%

-7.2%Dec15%

Sample: 13 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	VEEV	S&P 500
Weekly volatility (σ, 1y)	6.98%	1.83%
Best / worst week (1y)	+17.8% / -13.0%	—
Max drawdown (5y, monthly)	-51.8%	—
1-week VaR (95%)	-11.8%	—
Beta (5y)	0.97	1.00

VEEV EQUITY WEATHER (LIVE)PARTLY CLOUDY · +31

Trend+53

Momentum+66

Volume+46

Volatility-60

Breadth-17

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 274 stories, weekly buckets, −1 to +1.

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Overall+30.8+46.2 vs industry

Trend+52.8+70.8 vs industry

Momentum+65.8+83.1 vs industry

Volume+46.3+46.3 vs industry

Reading	VEEV	Software - Application n=1,755	Technology n=6,969	All US symbols n=70,435
Overall	+30.8	-15.4	-20.7	-20.5
Trend	+52.8	-18.0	-20.8	-21.3
Momentum	+65.8	-17.4	-28.5	-15.8
Volume	+46.3	+0.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Thomas D. Schwenger President and Chief Cust	$5.4M	33% equity+incentive
E. Nitsa Zuppas President and Chief of Staff	$4.1M	32% equity+incentive
Josh Faddis Senior Vice President, General C	$3.4M	31% equity+incentive
Brian Van Wagener CFO	$2.2M	34% equity+incentive
Peter P. Gassner CEO	$0.5M	0% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	60
Social	61
Governance	62
Composite ESG	61

Composite ESG Trend

Filed	8-K contents	Items
2026-08-26	Earnings Release; Exhibits	2.02,9.01
2026-08-20	Officer/Director Change; Exhibits	5.02,9.01
2026-06-18	Shareholder Vote; Exhibits	5.07,9.01
2026-06-03	Earnings Release; Exhibits	2.02,9.01
2026-04-20	Officer/Director Change; Exhibits	5.02,9.01
2026-03-04	Results of Operations and Financial Condition; Financial Statements an	2.02,9.01
2026-01-05	Other Events; Financial Statements and Exhibits	8.01,9.01
2025-12-11	Departure/Election of Directors; Appointment of Officers; Financial St	5.02,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2021 to 2026
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-08-27 to 2026-08-26
Analyst estimates	dim/forward_estimates	3 rows · 2026-01-31 to 2028-01-31
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	52 rows · 2011 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-10-01 to 2026-10-14
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	3 rows · 2025-10-31 to 2026-07-31
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Veeva Systems Inc. (VEEV)

Institutions holding — 12 quarters

Veeva Systems Inc. (VEEV)

Monthly Net Insider Flow (000 shares)

Signal Summary

Veeva Systems Inc. (VEEV)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding VEEV — quarterly

Institutional Put/Call — quarterly

Veeva Systems Inc. (VEEV)

Where VEEV Trades in the Dark

Veeva Systems Inc. (VEEV)

3.8 · Employees (SEC filings)

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)

Balance Sheet — Full

Cash Flow Statement — Full

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)

Street Price Target — Trajectory

Third-Party Composite Rating

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)

Family Scores (site weights)

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)

Veeva Systems Inc. (VEEV)