ASML Holding (NASDAQ:ASML) Shares Sold by Circle Wealth Management LLC

Circle Wealth Management LLC cut its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 43.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 587 shares of the semiconductor company's stock after selling 455 shares during the period. Circle Wealth Management LLC's holdings in ASML were worth $407,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Edgewood Management LLC raised its position in shares of ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after purchasing an additional 959,696 shares during the period. Amundi increased its position in shares of ASML by 4,880.5% during the fourth quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after buying an additional 328,552 shares during the period. Wellington Management Group LLP grew its holdings in shares of ASML by 53.4% during the fourth quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock valued at $559,494,000 after buying an additional 281,156 shares during the last quarter. Raymond James Financial Inc. bought a new stake in ASML in the 4th quarter worth about $175,257,000. Finally, Fisher Funds Management LTD purchased a new stake in ASML during the fourth quarter worth about $137,386,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on ASML shares. Wells Fargo & Company cut their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. reduced their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a report on Thursday, January 30th. Finally, Susquehanna reduced their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $906.00.

ASML Trading Up 1.1 %

Shares of ASML stock opened at $708.03 on Friday. The stock's fifty day moving average is $679.23 and its two-hundred day moving average is $701.94. The firm has a market capitalization of $278.55 billion, a P/E ratio of 34.04, a PEG ratio of 1.62 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. Research analysts expect that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.

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