2,163 Shares in ASML Holding (NASDAQ:ASML) Bought by Cypress Asset Management Inc. TX

Cypress Asset Management Inc. TX bought a new position in ASML Holding (NASDAQ:ASML - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,163 shares of the semiconductor company's stock, valued at approximately $1,555,000.

Several other hedge funds have also modified their holdings of ASML. Nisa Investment Advisors LLC lifted its holdings in ASML by 962.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 170 shares of the semiconductor company's stock worth $118,000 after purchasing an additional 154 shares during the last quarter. Mutual Advisors LLC lifted its stake in shares of ASML by 28.5% during the fourth quarter. Mutual Advisors LLC now owns 2,089 shares of the semiconductor company's stock valued at $1,567,000 after acquiring an additional 463 shares during the period. Secure Asset Management LLC bought a new stake in ASML in the fourth quarter valued at about $250,000. Exchange Traded Concepts LLC raised its stake in ASML by 20.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 11,625 shares of the semiconductor company's stock worth $8,057,000 after buying an additional 2,002 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of ASML by 95.6% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 880 shares of the semiconductor company's stock valued at $610,000 after purchasing an additional 430 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on ASML. DZ Bank upgraded shares of ASML from a "hold" rating to a "buy" rating in a research note on Thursday, January 30th. Susquehanna reduced their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Citigroup reaffirmed a "buy" rating on shares of ASML in a research report on Monday, May 19th. JPMorgan Chase & Co. reduced their target price 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, Wells Fargo & Company dropped their target price 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. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $906.00.

ASML Price Performance

ASML traded up $3.45 during trading hours on Thursday, hitting $749.96. The company's stock had a trading volume of 679,708 shares, compared to its average volume of 1,664,856. The stock has a market cap of $295.05 billion, a price-to-earnings ratio of 36.00, a P/E/G ratio of 1.62 and a beta of 1.75. The business's 50-day moving average price is $687.49 and its 200-day moving average price is $707.29. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share 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 business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. Sell-side 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.