Sap SE Ads (NYSE:SAP) Reports Increase in Sellers; Strong Momentum for Short Players

March 11, 2018 - By Linda Rogers

 Sap SE Ads (NYSE:SAP) Reports Increase in Sellers; Strong Momentum for Short Players

The stock of Sap SE Ads (NYSE:SAP) registered an increase of 0.96% in short interest. SAP’s total short interest was 3.54 million shares in March as published by FINRA. Its up 0.96% from 3.51 million shares, reported previously. With 1.73M shares average volume, it will take short sellers 2 days to cover their SAP’s short positions. The short interest to Sap SE Ads’s float is 0.34%.

The stock increased 0.72% or $0.78 during the last trading session, reaching $109.12. About 876,450 shares traded. SAP SE (NYSE:SAP) has risen 36.82% since March 11, 2017 and is uptrending. It has outperformed by 20.12% the S&P500.

SAP SE operates as an enterprise application software and database firm worldwide. The company has market cap of $130.15 billion. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce. It has a 26.24 P/E ratio. The firm also provides SAP Cloud Platform, an in-memory platform-as-a-service to build, run, and extend business applications; SAP BusinessObjects Cloud, a cloud analytics solution; SAP Digital Boardroom, a solution to access firm data in real time; and SAP Leonardo, a solution to digitize manufacturing, logistics, and asset management processes, as well as maintenance, consulting, and training services.

SAP SE (NYSE:SAP) Ratings Coverage

Among 21 analysts covering Sap Ag (NYSE:SAP), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Sap Ag had 57 analyst reports since July 23, 2015 according to SRatingsIntel. Goldman Sachs maintained it with “Buy” rating and $115 target in Thursday, January 19 report. The firm has “Hold” rating by RBC Capital Markets given on Sunday, September 17. The stock has “Buy” rating by Oppenheimer on Wednesday, June 7. The stock has “Market Perform” rating by William Blair on Wednesday, January 25. The rating was maintained by Jefferies on Monday, August 28 with “Hold”. BMO Capital Markets maintained SAP SE (NYSE:SAP) rating on Wednesday, January 25. BMO Capital Markets has “Market Perform” rating and $95 target. RBC Capital Markets maintained it with “Hold” rating and $104.0 target in Friday, August 25 report. The company was initiated on Friday, January 8 by BMO Capital Markets. The firm has “Sell” rating by Stifel Nicolaus given on Tuesday, October 10. The rating was maintained by Bernstein with “Buy” on Monday, February 12.

More notable recent SAP SE (NYSE:SAP) news were published by: which released: “SAP SE Sees Growth Far and Wide” on February 13, 2017, also with their article: “SAP SE ADR” published on July 29, 2009, published: “SAP AG (SAP) Raises Dividend Policy to 40% or More of Profit after Tax …” on February 21, 2018. More interesting news about SAP SE (NYSE:SAP) were released by: and their article: “3 Stocks to Watch on Monday: Microsoft Corporation (MSFT), SAP SE (ADR) (SAP …” published on September 25, 2017 as well as‘s news article titled: “SAP net profit rises 21% on strong cloud division” with publication date: January 30, 2018.

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