Goldman Expands Holdings in SAP SE (SAP) with Nearly 80,000 Share Buy

SAP SE (NYSE:SAP) is among the high growth mega cap stocks you can buy and hold for the next 3 years. Goldman Sachs Group Inc. expanded its holdings in SAP SE (NYSE:SAP) by 6.5% through the purchase of 80,164 shares, according to the latest filing with the SEC. The leading global investment bank now owns 1,318,908 shares of the company’s stock, valued at $354,048,000.

We already know that SAP SE (NYSE:SAP) is among the largest software global companies, but what’s even more interesting is that the company is perhaps the top name in ‘systems of record’. Although the giant has recently witnessed a price dip, the 3-year return delivered by the company surpasses the market’s return by an impressive 119.30%.

Despite the company being late in joining the AI race, the giant is now fully focused on addressing what slowed it down. When it comes to crucial data, SAP SE (NYSE:SAP) is trusted like no other by large companies, so we know for a fact that it’ll be difficult to replace such a company.

SAP SE (NYSE:SAP), founded in 1972, is a provider of enterprise applications and business solutions. The core offerings of this German company include SAP S/4HANA, SAP SuccessFactors, SAP Business Technology Platform, and SAP Business Network.

While we acknowledge the potential of SAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.