SAP SE (NYSE:SAP) Short Interest Update

SAP SE (NYSE:SAP) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 4,318,981 shares, an increase of 56.4% from the January 29th total of 2,761,389 shares. Based on an average daily trading volume, of 4,571,521 shares, the short-interest ratio is currently 0.9 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 4,571,521 shares, the short-interest ratio is currently 0.9 days.

SAP Trading Down 1.6%

SAP opened at $201.42 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.10 and a current ratio of 1.17. SAP has a one year low of $189.22 and a one year high of $313.28. The company has a market cap of $247.45 billion, a P/E ratio of 28.57, a PEG ratio of 2.23 and a beta of 1.17. The business’s 50-day simple moving average is $223.22 and its 200-day simple moving average is $247.43.

SAP (NYSE:SAP) last announced its quarterly earnings results on Thursday, January 29th. The software maker reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.13. SAP had a return on equity of 16.52% and a net margin of 19.92%.The firm had revenue of $11.36 billion during the quarter, compared to the consensus estimate of $9.77 billion. During the same period in the prior year, the company posted $1.40 earnings per share. The firm’s quarterly revenue was up 3.3% compared to the same quarter last year. As a group, equities research analysts expect that SAP will post 6.55 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on SAP shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of SAP in a research note on Friday, January 30th. Zacks Research upgraded SAP from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Santander upgraded SAP to a “neutral” rating in a report on Tuesday, February 3rd. Arete Research upgraded SAP to a “strong-buy” rating in a research note on Thursday, December 11th. Finally, TD Cowen reissued a “buy” rating on shares of SAP in a research report on Friday, January 30th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $305.75.

Institutional Investors Weigh In On SAP

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Windacre Partnership LLC boosted its stake in SAP by 130.9% in the third quarter. Windacre Partnership LLC now owns 2,357,225 shares of the software maker’s stock valued at $629,874,000 after acquiring an additional 1,336,325 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of SAP by 9.0% in the 2nd quarter. Fisher Asset Management LLC now owns 14,157,321 shares of the software maker’s stock valued at $4,305,242,000 after purchasing an additional 1,163,616 shares during the last quarter. Bank of America Corp DE boosted its position in shares of SAP by 58.1% in the 2nd quarter. Bank of America Corp DE now owns 2,650,418 shares of the software maker’s stock valued at $805,992,000 after purchasing an additional 973,779 shares during the period. Sustainable Growth Advisers LP grew its stake in SAP by 1,126.3% during the 3rd quarter. Sustainable Growth Advisers LP now owns 842,416 shares of the software maker’s stock worth $225,102,000 after buying an additional 773,720 shares during the last quarter. Finally, M&T Bank Corp increased its position in SAP by 1,582.7% during the fourth quarter. M&T Bank Corp now owns 817,295 shares of the software maker’s stock worth $198,529,000 after buying an additional 768,725 shares during the period.

SAP Company 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.