Sei Investments Co. Decreases Stake in SAP SE $SAP

Sei Investments Co. cut its stake in shares of SAP SE (NYSE:SAP) by 23.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 178,975 shares of the software maker’s stock after selling 56,284 shares during the quarter. Sei Investments Co.’s holdings in SAP were worth $30,642,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SAP. Sound Income Strategies LLC raised its holdings in SAP by 109.4% in the fourth quarter. Sound Income Strategies LLC now owns 111 shares of the software maker’s stock valued at $26,000 after acquiring an additional 58 shares in the last quarter. Bayban purchased a new stake in shares of SAP in the 4th quarter valued at approximately $28,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of SAP by 758.8% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 146 shares of the software maker’s stock valued at $35,000 after purchasing an additional 129 shares during the last quarter. American National Bank & Trust raised its holdings in shares of SAP by 641.7% in the 4th quarter. American National Bank & Trust now owns 178 shares of the software maker’s stock valued at $43,000 after purchasing an additional 154 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. lifted its position in shares of SAP by 83.8% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 147 shares of the software maker’s stock worth $45,000 after purchasing an additional 67 shares during the last quarter.

SAP Trading Up 6.9%

Shares of SAP stock opened at $171.07 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.11. The company has a fifty day simple moving average of $165.51 and a 200-day simple moving average of $183.57. The stock has a market cap of $210.16 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 1.84 and a beta of 1.14. SAP SE has a 12-month low of $144.97 and a 12-month high of $299.48.

SAP (NYSE:SAP) last announced its quarterly earnings results on Friday, February 27th. The software maker reported $1.99 EPS for the quarter. SAP had a net margin of 20.88% and a return on equity of 17.16%. The firm had revenue of $11.06 billion for the quarter. On average, equities analysts forecast that SAP SE will post 8.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Weiss Ratings downgraded shares of SAP from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Santander upgraded SAP from a “neutral” rating to an “outperform” rating in a research note on Friday, April 24th. Barclays decreased their price target on SAP from $255.00 to $242.00 and set an “overweight” rating for the company in a report on Monday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $265.00 price objective on shares of SAP in a research report on Wednesday, June 10th. Finally, Wall Street Zen downgraded SAP from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $264.83.

Key Stories Impacting SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: An analyst-driven rally appears to be the main catalyst. SAP shares moved higher following an analyst upgrade, reinforcing investor confidence in the software maker’s outlook. SAP Shares Gap Up Following Analyst Upgrade
• Positive Sentiment: SAP’s effort to “build AI at scale” for enterprise customers supports the company’s cloud-transformation strategy and could strengthen demand for its software, data, and AI offerings. SAP aims to build AI at scale for the enterprise
• Positive Sentiment: Barclays retained an “overweight” rating and continues to see substantial long-term upside, even after reducing its SAP price target from $255 to $242. Barclays SAP price-target update
• Neutral Sentiment: Approaching support deadlines for older SAP systems are prompting customers to plan ECC6 replacements and compliance-focused migrations. This may create implementation and cloud opportunities for SAP, although customers face added costs and execution complexity. Home Affairs starts scoping SAP ECC6 replacement
• Negative Sentiment: Coverage highlighting compliance gaps in SAP’s Joule AI deployments and the work customers must complete before migration underscores potential regulatory, security, and adoption risks. SAP Joule compliance concerns

SAP Profile

SAP SE is a global enterprise software company headquartered in Walldorf, Germany. Founded in 1972 by five former IBM engineers, the company’s name is an acronym for Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications & Products in Data Processing). SAP develops and sells software and services that help organizations manage business processes across finance, human resources, procurement, manufacturing, supply chain and customer relationships.

SAP’s product portfolio spans on‑premises and cloud offerings, anchored by its enterprise resource planning (ERP) solutions such as SAP S/4HANA and the SAP HANA in‑memory database and platform.