SAP ($SAP) Insider Trading & Smart Money Activity

SAP SE · Software - Application · Latest filing Oct 15, 2026

SAP SE ($SAP) has 1 congress trade, 7 13F position changes and 2 analyst ratings on file.

Insider buyers (12 mo)

0

Insider sellers (12 mo)

0

Net insider $ (12 mo)

$0

Congress trades (12 mo)

1

13F moves on file

7

Analyst ratings on file

2

SAP insider buying and selling by quarter

Quarter	Insider buys	Insider sales	Congress buys / sales	13F added / cut
Q1 2026	0	0	1 / 0	0 / 0
Q2 2026	0	0	0 / 0	1 / 2
Q3 2026	0	0	0 / 0	0 / 0
Q4 2026	0	0	0 / 0	1 / 3

Insider buys and sales count open-market trades only (Form 4 codes P and S). Grants, option exercises and tax withholding are left out.

All SAP insider, congress, 13F and analyst activity

All Congress 13F Analysts

Date	Source	Who	Action	Shares	Value / amount	ΔOwn	1W	1M	6M	Filing	Story
Oct 15, 2026	13F	Sustainable Growth Advisers	Reduced	-159.68K sh	$40.05M						Read
Oct 15, 2026	13F	First Merchants	Reduced	-12.28K sh	$258.10K						—
Oct 14, 2026	13F	Sendero Wealth Management	Reduced	-4.23K sh	$1.25M						—
Oct 13, 2026	13F	Euro Pacific Asset Management	New	+8.75K sh	$1.93M						Read
Oct 13, 2026	Analyst	Barclays	Reiterates to Overweight		PT $243						Read
Oct 8, 2026	Analyst	BMO Capital	Reiterates to Outperform		PT $235		+5.9%				—
May 15, 2026	13F	Eagle Capital Management	Added	+3.71M sh	$1.21B		+3.8%	-3.0%			Read
May 14, 2026	13F	Polen Capital Management	Reduced	-166.66K sh	$10.28M		+7.4%	+0.1%			—
May 7, 2026	13F	Wcm Investment Management	Reduced	-286.15K sh	$128.46M		-6.0%	+4.1%			—
Mar 30, 2026	Congress	Alan Armstrong	Purchase		$15,001 - $50,000		+1.7%	+1.1%	+26.5%		—

1W / 1M / 6M = how SAP moved from the trade or filing date.

Members of Congress trading SAP

• Alan Armstrong1

Institutions moving SAP (13F)

• Sustainable Growth Advisers1
• First Merchants1
• Sendero Wealth Management1
• Euro Pacific Asset Management1
• Eagle Capital Management1
• Polen Capital Management1
• Wcm Investment Management1

Analyst ratings on SAP

Date	Firm	Action	Rating	Price target	1W	1M	6M	Story
Oct 13, 2026	Barclays	Reiterates	Overweight	$242 → $243				Read
Oct 8, 2026	BMO Capital	Reiterates	Outperform	$177 → $235	+5.9%			—

Frequently asked questions

Which members of Congress traded SAP?

1 disclosed trade by Alan Armstrong. The latest was on Mar 30, 2026.

Which institutions changed their SAP positions?

Recent 13F filers moving the stock include Sustainable Growth Advisers, First Merchants, Sendero Wealth Management, Euro Pacific Asset Management and Eagle Capital Management.

Other software - application stocks

• $SHOP
• $CRM
• $NOW
• $UBER
• $SNOW
• $ADP
• $ADBE
• $DDOG

Data comes from public SEC Form 4 and 13F filings and STOCK Act disclosures. Dates are the trade or filing date reported. This page is for research only and is not investment advice.