ASML Holding (NASDAQ:ASML) Shares Sold by CastleKnight Management LP

CastleKnight Management LP reduced its stake in ASML Holding (NASDAQ:ASML - Free Report) by 83.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,830 shares of the semiconductor company's stock after selling 14,420 shares during the period. CastleKnight Management LP's holdings in ASML were worth $1,961,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Kennebec Savings Bank lifted its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after buying an additional 25 shares during the last quarter. Wellington Shields & Co. LLC increased its position in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML in the fourth quarter valued at approximately $31,000. Albion Financial Group UT grew its position in shares of ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 32 shares during the last quarter. Finally, Roxbury Financial LLC acquired a new position in shares of ASML in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. DZ Bank raised shares of ASML from a "hold" rating to a "buy" rating in a research report on Thursday, January 30th. 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. JPMorgan Chase & Co. dropped their price objective on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating on the stock in a report on Thursday, January 30th. Finally, Susquehanna reduced their target price on 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 issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $906.00.

ASML Trading Up 1.1 %

ASML stock traded up $7.64 during trading on Thursday, hitting $708.03. The company's stock had a trading volume of 1,036,470 shares, compared to its average volume of 1,643,572. The stock's fifty day moving average is $679.07 and its 200 day moving average is $701.98. 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 1-year low of $578.51 and a 1-year high of $1,110.09. The stock has a market capitalization of $278.55 billion, a price-to-earnings ratio of 34.04, a P/E/G ratio of 1.62 and a beta of 1.75.

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