Matthew J. Wallach, Director at VEEVA SYSTEMS INC (VEEV), sold 18,300 shares at $167.15 ($3.1M) on 2022-12-05, disclosed to the SEC on 2022-12-07.
Seasonal sale ($3.1M) by Director — this insider has traded VEEV in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $167.15 | 3,843 | $642K | 20.8% |
| 2 | $167.15 | 3,843 | $642K | 20.8% |
| 3 | $168.18 | 900 | $151K | 4.9% |
| 4 | $169.22 | 1,483 | $251K | 8.1% |
| 5 | $169.22 | 1,483 | $251K | 8.1% |
| 6 | $170.22 | 808 |
| $138K |
| 4.4% |
| 7 | $170.22 | 808 | $138K | 4.4% |
| 8 | $171.43 | 2,166 | $371K | 12.0% |
| 9 | $171.43 | 2,166 | $371K | 12.0% |
| 10 | $172.20 | 800 | $138K | 4.5% |
| Total | $169.04 avg | 18,300 | $3.1M | 100% |
| Filing → |
| VEEV | SELL | 2023-12-05 | $1.6M | — | Filing → |
| VEEV | SELL | 2023-11-07 | $978K | — | Filing → |
| VEEV | SELL | 2023-10-06 | $1.2M | — | Filing → |