AAFMAA Wealth Management & Trust LLC Sells 627 Shares of ASML Holding (NASDAQ:ASML)

AAFMAA Wealth Management & Trust LLC cut its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 45.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 756 shares of the semiconductor company's stock after selling 627 shares during the period. AAFMAA Wealth Management & Trust LLC's holdings in ASML were worth $501,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Strategic Financial Concepts LLC acquired a new position in shares of ASML during the 4th quarter worth about $337,000. Mather Group LLC. grew its holdings in ASML by 13.8% during the fourth quarter. Mather Group LLC. now owns 412 shares of the semiconductor company's stock worth $286,000 after purchasing an additional 50 shares during the period. Figure 8 Investment Strategies LLC acquired a new position in ASML during the fourth quarter worth approximately $1,239,000. Telos Capital Management Inc. raised its stake in ASML by 8.2% in the fourth quarter. Telos Capital Management Inc. now owns 10,144 shares of the semiconductor company's stock valued at $7,031,000 after buying an additional 771 shares during the period. Finally, Savant Capital LLC lifted its position in shares of ASML by 22.4% in the fourth quarter. Savant Capital LLC now owns 907 shares of the semiconductor company's stock valued at $629,000 after buying an additional 166 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Up 0.7%

ASML opened at $753.02 on Friday. The stock has a fifty day moving average of $694.72 and a 200-day moving average of $710.91. The company has a market capitalization of $296.25 billion, a P/E ratio of 36.20, a P/E/G ratio of 1.62 and a beta of 1.74. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. 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 (NASDAQ:ASML - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a net margin of 26.78% and a return on equity of 47.73%. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, equities analysts expect that ASML Holding will post 25.17 EPS for the current year.

Analyst Ratings Changes

ASML has been the topic of a number of recent analyst reports. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday. Wells Fargo & Company cut their target price on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, Susquehanna decreased their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and an average price target of $906.00.

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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