Insider Trade: Timothy Cabral Unloaded 50,000 Shares of Veeva Systems Inc. (VEEV); Urban Outfitters, Inc. (URBN) Covered By 15 Bulls

March 11, 2018 - By Shannon Black

Timothy Cabral, an insider, who’s right now a Chief Financial Officer of Veeva Systems Inc unloaded exactly 50,000 shares of the company with market value of about $3,841,057 US Dollars which is calculated based on a stock price of 76.8 US Dollars of a share.

Among 38 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 15 have Buy rating, 3 Sell and 20 Hold. Therefore 39% are positive. Urban Outfitters Inc. had 134 analyst reports since July 31, 2015 according to SRatingsIntel. On Thursday, September 28 the stock rating was maintained by Jefferies with “Buy”. Goldman Sachs downgraded Urban Outfitters, Inc. (NASDAQ:URBN) rating on Monday, August 22. Goldman Sachs has “Neutral” rating and $35 target. The stock has “Buy” rating by Robert W. Baird on Tuesday, March 6. The firm has “Sell” rating by Goldman Sachs given on Thursday, February 2. The company was maintained on Tuesday, January 10 by Telsey Advisory Group. As per Wednesday, March 7, the company rating was maintained by KeyBanc Capital Markets. The stock has “Buy” rating by Jefferies on Wednesday, August 17. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Buy” rating given on Tuesday, March 8 by Brean Capital. The rating was maintained by Telsey Advisory Group with “Market Perform” on Friday, June 10. The firm earned “Buy” rating on Thursday, December 21 by Robert W. Baird. See Urban Outfitters, Inc. (NASDAQ:URBN) latest ratings:

09/03/2018 Broker: Loop Capital Rating: Buy New Target: $46 Initiates Coverage On
08/03/2018 Broker: Buckingham Research Rating: Buy New Target: $42.0 Maintain
07/03/2018 Broker: SunTrust Rating: Buy New Target: $42.0 Maintain
06/03/2018 Broker: Robert W. Baird Rating: Buy New Target: $42.0 Maintain
07/03/2018 Broker: Wells Fargo Rating: Hold New Target: $39.0 Maintain
07/03/2018 Broker: Jefferies Rating: Buy New Target: $43.0 Maintain
07/03/2018 Broker: FBR Capital Rating: Hold New Target: $37.0 Maintain
06/03/2018 Broker: RBC Capital Markets Rating: Hold New Target: $40.0 Maintain
06/03/2018 Broker: BMO Capital Markets Rating: Hold New Target: $37.0 Maintain
06/03/2018 Broker: Oppenheimer Rating: Hold Maintain

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. The company has market cap of $3.88 billion. It operates through two divisions, Retail and Wholesale. It has a 23.98 P/E ratio. The firm retails womenÂ’s and menÂ’s fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear, and electronics for young adults aged 18 to 28 under the Urban Outfitters brand; and assortment, including womenÂ’s casual apparel and accessories, intimates, shoes, beauty, home furnishings, and various gifts and decorative items for women aged 28 to 45 under the Anthropologie brand.

The stock increased 2.13% or $0.75 during the last trading session, reaching $35.88. About 2.24M shares traded. Urban Outfitters, Inc. (NASDAQ:URBN) has declined 30.56% since March 11, 2017 and is downtrending. It has underperformed by 47.26% the S&P500.

Investors sentiment increased to 0.98 in 2017 Q3. Its up 0.38, from 0.6 in 2017Q2. It increased, as 37 investors sold Urban Outfitters, Inc. shares while 88 reduced holdings. 37 funds opened positions while 38 raised stakes. 90.14 million shares or 4.11% less from 94.01 million shares in 2017Q2 were reported. Glg Ptnrs Limited Partnership has invested 0.34% in Urban Outfitters, Inc. (NASDAQ:URBN). Jupiter Asset Management Ltd has 235,000 shares. Systematic Management Limited Partnership owns 308,387 shares. Sei Co holds 4,292 shares or 0% of its portfolio. Turtle Creek Asset Management has 2.95 million shares. Teachers Retirement Of The State Of Kentucky invested in 19,400 shares or 0.01% of the stock. Hap Trading Ltd Co holds 0.01% or 12,380 shares in its portfolio. Invesco Limited owns 1.32M shares or 0.01% of their US portfolio. Panagora Asset Mgmt reported 64,512 shares. Janney Montgomery Scott Ltd Liability Corporation, a Pennsylvania-based fund reported 19,749 shares. Glob X Management Com Ltd Liability Corp has invested 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Metropolitan Life New York holds 0.01% in Urban Outfitters, Inc. (NASDAQ:URBN) or 76,607 shares. Eulav Asset reported 247,000 shares. State Of Wisconsin Inv Board has 0.02% invested in Urban Outfitters, Inc. (NASDAQ:URBN) for 294,989 shares. Hsbc Public Limited Company accumulated 29,631 shares.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.57, from 1.63 in 2017Q2. It is negative, as 33 investors sold Veeva Systems Inc. shares while 78 reduced holdings. 51 funds opened positions while 130 raised stakes. 95.88 million shares or 1.09% more from 94.85 million shares in 2017Q2 were reported. Cibc Asset Management owns 4,752 shares. Nordea invested in 0.02% or 129,010 shares. Castleark Mngmt Limited Com holds 0.86% or 485,661 shares in its portfolio. Mark Sheptoff Financial Planning Ltd Liability holds 25,100 shares or 0.95% of its portfolio. Stevens First Principles has 0.02% invested in Veeva Systems Inc. (NYSE:VEEV). Natixis Asset Mgmt has invested 0.08% in Veeva Systems Inc. (NYSE:VEEV). Prudential Pcl holds 6,100 shares. 4,504 are held by Atlantic Tru Gp Limited Liability Corp. Tompkins Financial holds 0.01% or 470 shares in its portfolio. Fred Alger Mngmt holds 0.25% or 939,149 shares in its portfolio. Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.02% in Veeva Systems Inc. (NYSE:VEEV). Brown Mngmt Ltd Company owns 6.00M shares for 4.12% of their portfolio. Pacad Invest holds 3,400 shares. Moreover, Highbridge Cap Management Limited Company has 0.01% invested in Veeva Systems Inc. (NYSE:VEEV) for 6,685 shares. Allen Investment Mngmt stated it has 0.06% of its portfolio in Veeva Systems Inc. (NYSE:VEEV).

The stock decreased 0.66% or $0.51 during the last trading session, reaching $77.18. About 2.51M shares traded or 109.33% up from the average. Veeva Systems Inc. (NYSE:VEEV) has risen 114.93% since March 11, 2017 and is uptrending. It has outperformed by 98.23% the S&P500.

Since September 11, 2017, it had 0 buys, and 23 sales for $15.42 million activity. Faddis Jonathan had sold 677 shares worth $47,018. The insider Wallach Matthew J sold $1.43 million. CODD RONALD E F sold $167,280 worth of stock or 3,000 shares. $590,909 worth of Veeva Systems Inc. (NYSE:VEEV) was sold by Ritter Gordon on Wednesday, October 18. Lequient Frederic also sold $930,000 worth of Veeva Systems Inc. (NYSE:VEEV) on Tuesday, January 30. Cabral Timothy S had sold 4,375 shares worth $246,906. $300,430 worth of stock was sold by SEKHRI PAUL J on Wednesday, February 28.

Among 16 analysts covering Veeva Systems (NYSE:VEEV), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Veeva Systems has $81 highest and $24 lowest target. $56.46’s average target is -26.85% below currents $77.18 stock price. Veeva Systems had 52 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was maintained by Needham on Friday, August 25 with “Buy”. As per Friday, October 30, the company rating was initiated by Citigroup. Citigroup maintained it with “Neutral” rating and $40 target in Tuesday, August 23 report. The stock has “Buy” rating by Canaccord Genuity on Wednesday, November 25. Stifel Nicolaus maintained the shares of VEEV in report on Wednesday, August 31 with “Buy” rating. As per Wednesday, November 25, the company rating was maintained by Leerink Swann. The stock of Veeva Systems Inc. (NYSE:VEEV) has “Buy” rating given on Wednesday, February 28 by Stifel Nicolaus. The firm has “Hold” rating by Raymond James given on Tuesday, December 5. The firm has “Overweight” rating by Morgan Stanley given on Thursday, March 1. On Wednesday, November 25 the stock rating was maintained by Deutsche Bank with “Hold”.

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. The company has market cap of $10.91 billion. The firm offers Veeva Commercial Cloud, a suite of multichannel customer relationship management applications, which allow pharmaceutical and biotechnology companies to target and support sales and marketing to physicians, other healthcare professionals, and healthcare organizations through various touch points, including in-person, email, and online; and Veeva Vault, a cloud enterprise content management platform and suite of applications for managing commercial functions, including medical, sales, and marketing, as well as research and development functions, such as clinical, regulatory, and quality. It has a 83.89 P/E ratio. It also provides Veeva Network master data management solutions for the management of customer master and product master data.

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