Madison Asset Management LLC Purchases Stake in SAP SE ADRhedged
1 report, 1 independent
Updated Sun 00:00
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What happened
Madison Asset Management LLC filed a Form 13F with the Securities and Exchange Commission regarding a new stake in SAP SE ADRhedged. The fund purchased 12,686 shares of the stock, valued at approximately $1,955,000, during the second quarter.
From dailypolitical.com
Why it matters
The purchase comes as SAP SE ADRhedged has seen a significant increase in short interest in September, totaling 1,183 shares as of September 30. This institutional activity occurs following analyst rating changes for SAP.
SAP saw institutional investors increase holdings and received rating upgrades and downgrades from analysts on June 6, 2026.
From dailypolitical.com
Who's involved
- Securities and Exchange CommissionGovernment agency that received the required regulatory filing.
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The entities involved
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Securities and Exchange Commission
government agency of the Philippines
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