1,688 Shares in ASML Holding N.V. (NASDAQ:ASML) Acquired by Red Door Wealth Management LLC

Red Door Wealth Management LLC acquired a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,688 shares of the semiconductor company's stock, valued at approximately $1,119,000.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in ASML by 70,115.5% in the 1st quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after buying an additional 1,398,805 shares in the last quarter. Edgewood Management LLC grew its stake 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 valued at $2,208,615,000 after acquiring an additional 959,696 shares in the last quarter. 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 acquiring an additional 328,552 shares during the last quarter. Wellington Management Group LLP increased its position 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 worth $559,494,000 after acquiring an additional 281,156 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of ASML in the fourth quarter worth about $175,257,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ASML shares. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Sanford C. Bernstein began coverage on shares of ASML in a research report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target for the company. Susquehanna dropped their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Finally, Wells Fargo & Company reduced their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $913.80.

ASML Price Performance

Shares of NASDAQ ASML opened at $795.95 on Monday. The business has a 50 day simple moving average of $735.42 and a 200-day simple moving average of $720.22. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a market capitalization of $313.14 billion, a price-to-earnings ratio of 33.54, a price-to-earnings-growth ratio of 1.54 and a beta of 1.74. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, equities research analysts expect that ASML Holding N.V. will post 25.17 earnings per share for the current year.

About ASML

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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