Veeva Systems Rises 2.05% on $230M Volume (Rank 440) as 16.7% Revenue Growth and Institutional Buys Outpace Insider Sales

Veeva Systems (VEEV) rose 2.05% on August 15, 2025, with a trading volume of $230 million, ranking 440th in market activity. Institutional investors increased stakes, including JPMorgan Chase & Co., which boosted its position by 7.5% in Q1, now holding 3.23 million shares valued at $748.34 million. The company reported Q2 revenue of $759.04 million, up 16.7% year-over-year, surpassing analyst estimates.

Analyst sentiment remains positive, with a "Moderate Buy" consensus rating and an average price target of $274.17. Recent upgrades include Wall Street Zen and Needham & Company LLC, raising price targets to $300 and $310, respectively. Despite insider sales totaling $394,217 in the last 90 days, institutional ownership remains strong at 88.20%.

A backtest of a strategy buying the top 500 stocks by daily volume and holding for one day from 2022 yielded a total profit of $10,720, with a cumulative return of 1.08 times the initial investment. This highlights the role of trading volume in identifying active, high-performing stocks.