Particle.news
Download on the App Store
3 ARTICLES
·
21h ago

Goldman Lifts SAP Stake as SmartRecruiters Acquisition Advances AI Recruiting

An SEC filing shows a 6.5% increase to 1,318,908 shares after an 80,164‑share purchase valued at about $354 million.

Overview

  • Goldman Sachs boosted its SAP holding by 6.5% with a purchase of 80,164 shares, according to the latest SEC filing.
  • The filing lists Goldman’s total SAP position at 1,318,908 shares worth approximately $354 million.
  • SAP completed its acquisition of SmartRecruiters on September 11, adding enterprise-grade talent acquisition software.
  • The company plans to integrate SmartRecruiters into SAP SuccessFactors to manage the hiring cycle from sourcing through onboarding.
  • SAP highlights AI-enabled recruiting features expected to speed time to hire, improve candidate experience, and deliver deeper analytics, with JPMorgan reaffirming an Overweight rating.