Rep. Bruce Westerman Sells Off Shares of SAP SE (NYSE:SAP)

Representative Bruce Westerman (R-Arkansas) recently sold shares of SAP SE (NYSE:SAP). In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in SAP stock on April 21st. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of UniCredit (OTCMKTS:UNCRY) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of CSX (NASDAQ:CSX) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Siemens Aktiengesellschaft (OTCMKTS:SIEGY) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of GSK (NYSE:GSK) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 4/21/2025.
  • Sold $15,001 – $50,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/21/2025.
  • Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 4/21/2025.

SAP Trading Down 0.6%

NYSE SAP opened at $287.95 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.12 and a quick ratio of 1.10. SAP SE has a one year low of $179.43 and a one year high of $303.40. The business has a 50 day simple moving average of $270.79 and a 200 day simple moving average of $262.20. The stock has a market capitalization of $353.75 billion, a P/E ratio of 100.33, a P/E/G ratio of 4.71 and a beta of 1.35.

SAP (NYSE:SAPGet Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The software maker reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.12. SAP had a return on equity of 12.18% and a net margin of 9.17%. The firm had revenue of $10.35 billion during the quarter, compared to analysts’ expectations of $9.08 billion. Research analysts expect that SAP SE will post 6.55 earnings per share for the current year.

SAP Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, May 23rd. Investors 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 represents a yield of 0.8%. This is a boost from SAP’s previous annual dividend of $2.39. SAP’s dividend payout ratio (DPR) is currently 35.25%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC boosted its position in SAP by 31,239.5% in the first quarter. GAMMA Investing LLC now owns 1,306,229 shares of the software maker’s stock worth $350,644,000 after purchasing an additional 1,302,061 shares during the last quarter. WCM Investment Management LLC purchased a new position in SAP in the fourth quarter worth $290,023,000. TD Asset Management Inc. boosted its position in SAP by 125.0% in the fourth quarter. TD Asset Management Inc. now owns 1,602,548 shares of the software maker’s stock worth $394,563,000 after purchasing an additional 890,157 shares during the last quarter. JPMorgan Chase & Co. boosted its position in SAP by 145.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,346,506 shares of the software maker’s stock worth $331,523,000 after purchasing an additional 798,037 shares during the last quarter. Finally, Northern Trust Corp boosted its position in SAP by 91.2% in the fourth quarter. Northern Trust Corp now owns 1,471,798 shares of the software maker’s stock worth $362,371,000 after purchasing an additional 701,880 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SAP. Argus reissued a “buy” rating and issued a $320.00 price objective on shares of SAP in a research note on Tuesday, April 29th. Kepler Capital Markets raised SAP from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. BMO Capital Markets raised 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 lifted their target price on SAP from $300.00 to $330.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 29th. Finally, TD Cowen raised SAP from a “hold” rating to a “buy” rating and lifted their target price for the company from $240.00 to $305.00 in a research report on Friday, January 17th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, SAP presently has a consensus rating of “Buy” and an average target price of $264.00.

Get Our Latest Stock Analysis on SAP

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About SAP

(Get Free Report)

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.

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