SAP (NYSE:SAP) Shares Unloaded Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently sold shares of SAP SE NYSE: SAP. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in SAP stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

SAP Stock Up 2.1%

Shares of SAP opened at $294.45 on Friday. The company's 50-day simple moving average is $271.46 and its 200-day simple moving average is $262.58. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.12. SAP SE has a 1 year low of $179.43 and a 1 year high of $303.40. The stock has a market capitalization of $361.73 billion, a PE ratio of 102.60, a P/E/G ratio of 4.71 and a beta of 1.35.

SAP (NYSE:SAP - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The software maker reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.12. SAP had a net margin of 9.17% and a return on equity of 12.18%. The firm had revenue of $10.35 billion for the quarter, compared to the consensus estimate of $9.08 billion. Analysts forecast that SAP SE will post 6.55 earnings per share for the current fiscal year.

SAP Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be paid a dividend of $2.5423 per share. The ex-dividend date of this dividend is Tuesday, May 13th. This is a positive change from SAP's previous annual dividend of $2.39. This represents a yield of 0.8%. SAP's dividend payout ratio is 35.25%.

Institutional Trading of SAP

Institutional investors have recently bought and sold shares of the business. Atomi Financial Group Inc. raised its position in shares of SAP by 38.9% during the 4th quarter. Atomi Financial Group Inc. now owns 12,486 shares of the software maker's stock worth $3,074,000 after acquiring an additional 3,495 shares in the last quarter. Mount Yale Investment Advisors LLC lifted its position in shares of SAP by 208.2% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 16,367 shares of the software maker's stock worth $4,030,000 after buying an additional 11,057 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of SAP by 152.0% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 414,154 shares of the software maker's stock valued at $101,969,000 after buying an additional 249,824 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of SAP by 98.9% in the 4th quarter. D.A. Davidson & CO. now owns 2,572 shares of the software maker's stock valued at $633,000 after buying an additional 1,279 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in SAP by 164.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,681 shares of the software maker's stock worth $660,000 after acquiring an additional 1,667 shares in the last quarter.

Analyst Ratings Changes

SAP has been the topic of several analyst reports. BMO Capital Markets increased their price objective on SAP from $300.00 to $320.00 and gave the company an "outperform" rating in a research note on Wednesday, April 23rd. JMP Securities upped their price target on SAP from $300.00 to $330.00 and gave the stock a "market outperform" rating in a report on Wednesday, January 29th. Jefferies Financial Group reiterated a "buy" rating on shares of SAP in a research note on Friday, May 2nd. Barclays reissued an "overweight" rating and set a $308.00 price objective (up from $286.00) on shares of SAP in a research report on Thursday, April 24th. Finally, Argus reaffirmed a "buy" rating and issued a $320.00 target price on shares of SAP in a report on Tuesday, April 29th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $264.00.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

SAP Company Profile

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.