Crestpoint Capital Management Has Boosted By $368,500 Its Veeva Systems (VEEV) Holding; Intest (INTT) Has 2.91 Sentiment

April 16, 2018 - By Adrian Mccoy

Veeva Systems Inc. (NYSE:VEEV) Logo

Crestpoint Capital Management Llc increased Veeva Systems (VEEV) stake by 70.53% reported in 2017Q4 SEC filing. Crestpoint Capital Management Llc acquired 6,700 shares as Veeva Systems (VEEV)’s stock rose 29.86%. The Crestpoint Capital Management Llc holds 16,200 shares with $896,000 value, up from 9,500 last quarter. Veeva Systems now has $10.26 billion valuation. The stock decreased 1.66% or $1.22 during the last trading session, reaching $72.06. About 656,960 shares traded. Veeva Systems Inc. (NYSE:VEEV) has risen 42.88% since April 16, 2017 and is uptrending. It has outperformed by 31.33% the S&P500.

Intest Corp (INTT) investors sentiment increased to 2.91 in Q4 2017. It’s up 1.22, from 1.69 in 2017Q3. The ratio is positive, as 32 investment professionals opened new and increased holdings, while 11 reduced and sold stakes in Intest Corp. The investment professionals in our database now own: 5.09 million shares, up from 4.89 million shares in 2017Q3. Also, the number of investment professionals holding Intest Corp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 6 Increased: 17 New Position: 15.

Among 16 analysts covering Veeva Systems (NYSE:VEEV), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Veeva Systems had 54 analyst reports since August 28, 2015 according to SRatingsIntel. Leerink Swann maintained the shares of VEEV in report on Wednesday, November 25 with “Market Perform” rating. On Thursday, October 5 the stock rating was maintained by Canaccord Genuity with “Buy”. As per Tuesday, October 4, the company rating was initiated by Goldman Sachs. The stock has “Hold” rating by Deutsche Bank on Friday, May 27. The stock of Veeva Systems Inc. (NYSE:VEEV) earned “Buy” rating by Canaccord Genuity on Monday, May 29. The firm earned “Buy” rating on Friday, April 13 by Canaccord Genuity. On Friday, May 27 the stock rating was maintained by Canaccord Genuity with “Buy”. Needham maintained it with “Buy” rating and $70.0 target in Thursday, October 12 report. The firm earned “Neutral” rating on Friday, June 17 by Bank of America. J.P. Morgan downgraded Veeva Systems Inc. (NYSE:VEEV) rating on Friday, March 9. J.P. Morgan has “Hold” rating and $77.0 target.

Crestpoint Capital Management Llc decreased Fmc Corp (NYSE:FMC) stake by 4,900 shares to 8,400 valued at $795,000 in 2017Q4. It also reduced Dowdupont Inc stake by 15,900 shares and now owns 18,456 shares. Federal Rlty Inv (NYSE:FRT) was reduced too.

Since October 18, 2017, it had 0 insider buys, and 20 insider sales for $18.64 million activity. 4,622 shares were sold by SEKHRI PAUL J, worth $300,430. On Tuesday, January 30 Lequient Frederic sold $930,000 worth of Veeva Systems Inc. (NYSE:VEEV) or 15,000 shares. Shares for $114,140 were sold by CODD RONALD E F on Friday, January 5. Wallach Matthew J also sold $1.38 million worth of Veeva Systems Inc. (NYSE:VEEV) on Wednesday, February 14. Another trade for 701 shares valued at $41,254 was made by MATEO ALAN on Saturday, January 13. The insider Ritter Gordon sold 10,000 shares worth $590,909. Cabral Timothy S had sold 50,000 shares worth $3.84M.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.57, from 1.63 in 2017Q3. It worsened, as 51 investors sold VEEV 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. Sumitomo Mitsui Inc, a Japan-based fund reported 358,278 shares. Tradewinds Mngmt Ltd Liability, a Washington-based fund reported 22 shares. Prelude Cap Limited reported 0.06% stake. Connor Clark Lunn Inv Mgmt Ltd reported 15,500 shares. State Board Of Administration Of Florida Retirement holds 0.02% in Veeva Systems Inc. (NYSE:VEEV) or 138,083 shares. Solutions Lc invested in 0% or 250 shares. Kbc Gru Nv reported 11,619 shares stake. Fmr Ltd Llc has 0.02% invested in Veeva Systems Inc. (NYSE:VEEV) for 3.66 million shares. 2,955 were accumulated by Dubuque Bancorporation Trust Co. Loring Wolcott & Coolidge Fiduciary Ltd Liability Partnership Ma reported 6,655 shares or 0.01% of all its holdings. Qs Lc holds 0% or 5,605 shares. Swiss Bancshares has 399,700 shares for 0.02% of their portfolio. Prudential Public Lc has 10,400 shares for 0% of their portfolio. Wells Fargo Mn reported 2.30 million shares. Emerald Advisers Pa, a Pennsylvania-based fund reported 23,720 shares.

Bard Associates Inc holds 1.37% of its portfolio in inTEST Corporation for 331,060 shares. Nokomis Capital L.L.C. owns 591,351 shares or 1.16% of their US portfolio. Moreover, Ativo Capital Management Llc has 0.32% invested in the company for 140,041 shares. The Ontario – Canada-based Hillsdale Investment Management Inc. has invested 0.14% in the stock. Eam Investors Llc, a California-based fund reported 67,122 shares.

The stock increased 16.67% or $1.05 during the last trading session, reaching $7.35. About 770,503 shares traded or 760.95% up from the average. inTEST Corporation (INTT) has risen 6.30% since April 16, 2017 and is uptrending. It has underperformed by 5.25% the S&P500.

Analysts await inTEST Corporation (NYSEAMERICAN:INTT) to report earnings on May, 3. They expect $0.18 EPS, down 10.00% or $0.02 from last year’s $0.2 per share. INTT’s profit will be $1.86M for 10.21 P/E if the $0.18 EPS becomes a reality. After $0.31 actual EPS reported by inTEST Corporation for the previous quarter, Wall Street now forecasts -41.94% negative EPS growth.

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

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