Compass Wealth Management LLC Acquires Shares of 4,820 SAP SE $SAP

Compass Wealth Management LLC bought a new position in SAP SE (NYSE:SAP) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,820 shares of the software maker’s stock, valued at approximately $1,288,000.

Other large investors also recently bought and sold shares of the company. First PREMIER Bank purchased a new stake in SAP in the 3rd quarter worth approximately $25,000. Retirement Wealth Solutions LLC lifted its stake in shares of SAP by 246.4% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 97 shares of the software maker’s stock valued at $26,000 after purchasing an additional 69 shares during the period. Copia Wealth Management purchased a new stake in SAP during the third quarter worth $28,000. Vermillion Wealth Management Inc. acquired a new stake in SAP during the second quarter valued at $31,000. Finally, Albion Financial Group UT increased its holdings in SAP by 56.8% in the third quarter. Albion Financial Group UT now owns 127 shares of the software maker’s stock valued at $34,000 after buying an additional 46 shares in the last quarter.

Wall Street Analyst Weigh In

SAP has been the topic of several recent analyst reports. KeyCorp reissued an “overweight” rating on shares of SAP in a research note on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of SAP in a report on Friday, October 31st. TD Cowen reissued a “buy” rating on shares of SAP in a report on Thursday, October 23rd. Barclays upped their target price on SAP from $322.00 to $348.00 and gave the stock an “overweight” rating in a research note on Friday, October 24th. Finally, Wall Street Zen cut shares of SAP from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, SAP presently has a consensus rating of “Buy” and an average target price of $280.20.

SAP Stock Performance

NYSE SAP opened at $239.65 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.11 and a quick ratio of 1.10. The stock’s 50 day simple moving average is $240.92 and its 200-day simple moving average is $262.00. The company has a market cap of $283.87 billion, a PE ratio of 35.88, a price-to-earnings-growth ratio of 2.75 and a beta of 1.18. SAP SE has a 1-year low of $220.89 and a 1-year high of $313.28.

SAP Profile

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.