Renasant Bank Buys 3,705 Shares of SAP SE $SAP

Renasant Bank purchased a new position in shares of SAP SE (NYSE:SAP) during the 3rd quarter, HoldingsChannel reports. The firm purchased 3,705 shares of the software maker’s stock, valued at approximately $772,000.

A number of other hedge funds also recently bought and sold shares of SAP. AMG National Trust Bank purchased a new position in shares of SAP in the 3rd quarter valued at about $338,000. Moneco Advisors LLC increased its stake in shares of SAP by 5.8% during the third quarter. Moneco Advisors LLC now owns 5,234 shares of the software maker’s stock worth $1,091,000 after buying an additional 289 shares during the period. Lido Advisors LLC raised its holdings in SAP by 32.9% in the third quarter. Lido Advisors LLC now owns 25,161 shares of the software maker’s stock valued at $5,246,000 after acquiring an additional 6,232 shares in the last quarter. D Orazio & Associates Inc. acquired a new stake in SAP in the third quarter valued at approximately $208,000. Finally, 71 West Capital Partners lifted its stake in SAP by 11.8% in the third quarter. 71 West Capital Partners now owns 2,636 shares of the software maker’s stock worth $550,000 after acquiring an additional 279 shares during the last quarter.

Trending Headlines about SAP

Here are the key news stories impacting SAP this week:

• Positive Sentiment: JPMorgan upgraded SAP from “Neutral” to “Overweight,” a favorable change in analyst sentiment. Separately, brokerages’ reported average price target of $258.83 is above the prevailing share price cited in the background. JPMorgan upgrade Brokerage average price target
• Positive Sentiment: Pluralsight’s learning integration is now available on the SAP Store, expanding the applications offered through SAP’s ecosystem and potentially supporting customer engagement. Pluralsight integration announcement
• Neutral Sentiment: Marketing case studies highlight SAP Engagement Cloud and an AI-avatar platform that reportedly cut video-production costs by more than half. These examples may support product positioning and efficiency, but the articles do not indicate a material financial impact. SAP Engagement Cloud case study AI-avatar case study
• Negative Sentiment: SAP’s Patch Day addressed multiple critical vulnerabilities, including four rated CVSS 10.0 and two that could allow remote code execution. The availability of fixes reduces ongoing exposure, but the severity of the flaws may raise concerns about security risks and customer confidence. Critical SAP vulnerabilities SAP vulnerability patches
• Negative Sentiment: A Seeking Alpha article recommended trimming SAP shares, citing euro-related uncertainty and the stock’s recent rebound. This is one contributor’s opinion rather than a company announcement, but it adds a cautious counterpoint to JPMorgan’s upgrade. Seeking Alpha analysis

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Oppenheimer reiterated a “market perform” rating on shares of SAP in a report on Friday, July 24th. Jefferies Financial Group reaffirmed a “buy” rating on shares of SAP in a research report on Thursday, October 22nd. UBS Group reiterated a “neutral” rating on shares of SAP in a research note on Monday, September 7th. Citigroup reiterated a “buy” rating on shares of SAP in a research note on Friday, October 23rd. Finally, Weiss Ratings upgraded SAP from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $258.38.

SAP Price Performance

SAP stock opened at $233.92 on Wednesday. The company has a market capitalization of $287.37 billion, a P/E ratio of 29.94, a PEG ratio of 2.86 and a beta of 1.11. SAP SE has a twelve month low of $144.97 and a twelve month high of $255.90. The business has a 50 day simple moving average of $220.39 and a 200-day simple moving average of $192.53. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.18.

About SAP

SAP SE is a German enterprise software company headquartered in Walldorf. Founded in 1972, it develops software that helps organizations manage business operations and use data across their operations. Its products and services include enterprise resource planning (ERP) software, cloud applications, database and analytics tools, and solutions for areas such as finance, supply chain management, human resources, procurement, and customer experience. SAP serves businesses and public-sector organizations across the globe.