SAP SE $SAP Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC lowered its stake in SAP SE (NYSE:SAP) by 82.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 862 shares of the software maker’s stock after selling 4,023 shares during the period. Townsquare Capital LLC’s holdings in SAP were worth $230,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in SAP by 91.1% in the 4th quarter. Brighton Jones LLC now owns 2,633 shares of the software maker’s stock valued at $648,000 after buying an additional 1,255 shares during the period. Baird Financial Group Inc. purchased a new stake in shares of SAP in the first quarter valued at about $242,000. AQR Capital Management LLC increased its stake in shares of SAP by 49.0% during the first quarter. AQR Capital Management LLC now owns 16,309 shares of the software maker’s stock worth $4,378,000 after acquiring an additional 5,363 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in SAP during the first quarter worth about $2,681,000. Finally, Sivia Capital Partners LLC lifted its position in SAP by 2.3% in the second quarter. Sivia Capital Partners LLC now owns 3,050 shares of the software maker’s stock valued at $928,000 after purchasing an additional 69 shares during the period.

SAP Stock Up 0.4%

Shares of NYSE SAP opened at $201.09 on Friday. The firm’s 50-day moving average is $239.43 and its two-hundred day moving average is $259.95. The company has a market capitalization of $245.96 billion, a PE ratio of 28.52, a price-to-earnings-growth ratio of 2.36 and a beta of 1.18. SAP SE has a 12-month low of $195.12 and a 12-month high of $313.28. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.10.

Key SAP News

Here are the key news stories impacting SAP this week:

• Positive Sentiment: SAP announced a new share repurchase program of up to €10 billion, which supports capital return and offsets some downward pressure. SAP Quarterly Statement Q4 2025
• Positive Sentiment: Q4 results beat on EPS and met revenue expectations; non‑IFRS metrics and cloud revenue showed year‑over‑year gains, indicating underlying profitability and demand. SAP Q4 results (MarketBeat)
• Neutral Sentiment: SAP reported strong cloud bookings and a record backlog in absolute terms, but the market is focused on growth rates and composition rather than headline backlog size. That nuance left investors uncertain. SAP cloud bookings jump 30% (Investing.com)
• Negative Sentiment: The primary catalyst for the selloff was a slower‑than‑expected increase in the cloud contract backlog and conservative 2026 commentary — investors punished the stock with its largest one‑day drop since 2020. What Went Wrong With SAP Stock? (Forbes)
• Negative Sentiment: Sector peers’ results (and AI‑era competition) amplified fears that AI incumbents and niche cloud players could pressure SAP’s growth, contributing to broader software stock weakness. US software stocks slide after SAP, ServiceNow results (Reuters)
• Negative Sentiment: Negative headlines compounded the sentiment: Siemens briefly overtook SAP as Germany’s most valuable company after the selloff, and SAP faced an analyst downgrade — visible signals of waning investor confidence. Siemens overtakes SAP (Seeking Alpha)
• Negative Sentiment: Management dismissed three executives over alleged stolen trade secrets, adding governance/legal uncertainty to near‑term headlines. Stolen trade secrets / executive dismissals (Heise)

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on SAP shares. Citizens Jmp cut SAP from an “outperform” rating to a “market perform” rating in a research report on Friday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of SAP in a report on Wednesday. Citigroup downgraded SAP from a “buy” rating to a “hold” rating in a report on Friday. JMP Securities reaffirmed a “market outperform” rating and set a $375.00 price target on shares of SAP in a research note on Thursday, October 23rd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of SAP in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $322.00.

About SAP

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.