Sap SE Ads (NYSE:SAP) Short Interest Increased By 0.96%

April 14, 2018 - By Robert Crowder


The stock of Sap SE Ads (NYSE:SAP) registered an increase of 0.96% in short interest. SAP’s total short interest was 3.54M shares in April 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 0.20% or $0.22 during the last trading session, reaching $108.13. About 483,491 shares traded. SAP SE (NYSE:SAP) has risen 5.83% since April 14, 2017 and is uptrending. It has underperformed by 5.72% the S&P500.

SAP SE operates as an enterprise application software and database firm worldwide. The company has market cap of $127.79 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 26.25 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 8 analysts covering SAP AG (NYSE:SAP), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. SAP AG had 14 analyst reports since October 18, 2017 according to SRatingsIntel. The firm has “Market Weight” rating by Cowen & Co given on Friday, January 12. The firm has “Hold” rating by BMO Capital Markets given on Friday, October 20. RBC Capital Markets maintained the shares of SAP in report on Wednesday, October 18 with “Hold” rating. Stifel Nicolaus maintained it with “Sell” rating and $74 target in Thursday, March 1 report. The firm has “Hold” rating given on Tuesday, January 30 by RBC Capital Markets. Argus Research maintained the stock with “Buy” rating in Monday, October 23 report. The stock has “Hold” rating by RBC Capital Markets on Wednesday, January 17. Cowen & Co maintained SAP SE (NYSE:SAP) on Thursday, October 19 with “Buy” rating. Evercore upgraded the stock to “Outperform” rating in Monday, March 12 report. Bernstein maintained SAP SE (NYSE:SAP) on Monday, February 12 with “Buy” rating.

SAP SE (NYSE:SAP) Ratings Chart

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