Alight Capital Management LP Has $6.42 Million Holdings in ASML Holding N.V. $ASML

Key Points

• Alight Capital Management cut its ASML position by 53.8% in the fourth quarter, selling 7,000 shares and ending with 6,000 shares valued at about $6.42 million.
• Several other hedge funds increased or maintained large stakes in ASML, and the article notes that 26.07% of the stock is owned by institutional investors.
• Recent headlines remain bullish on ASML, with CEO Christophe Fouquet saying AI infrastructure demand is “enormous” and analysts largely maintaining positive ratings, including JPMorgan raising its price target to $2,200.

Alight Capital Management LP lessened its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 53.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,000 shares of the semiconductor company's stock after selling 7,000 shares during the quarter. ASML makes up about 1.6% of Alight Capital Management LP's holdings, making the stock its 23rd largest position. Alight Capital Management LP's holdings in ASML were worth $6,419,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC increased its holdings in ASML by 3.0% in the 4th quarter. Fisher Asset Management LLC now owns 4,484,949 shares of the semiconductor company's stock worth $4,798,268,000 after acquiring an additional 132,353 shares during the last quarter. Capital International Investors boosted its holdings in shares of ASML by 17.3% in the 3rd quarter. Capital International Investors now owns 3,919,154 shares of the semiconductor company's stock worth $3,791,982,000 after purchasing an additional 577,448 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of ASML by 16.6% in the 3rd quarter. Van ECK Associates Corp now owns 2,148,506 shares of the semiconductor company's stock valued at $2,079,948,000 after acquiring an additional 305,435 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of ASML by 8.3% in the 3rd quarter. Bank of America Corp DE now owns 1,865,254 shares of the semiconductor company's stock valued at $1,805,733,000 after acquiring an additional 142,763 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in ASML by 195.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,544,705 shares of the semiconductor company's stock valued at $1,652,618,000 after purchasing an additional 1,022,532 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Key Stories Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: CEO Christophe Fouquet said AI infrastructure demand remains “enormous,” and that new projects like Elon Musk’s proposed Terafab could create meaningful opportunities for ASML’s EUV systems. ASML CEO Flags Terafab Opportunity as AI Demand Stays Enormous
• Positive Sentiment: In a Bloomberg interview, Fouquet reiterated that AI data-center demand is still exceptionally strong, reinforcing the view that ASML’s advanced lithography tools remain in high demand for next-generation chip production. ASML CEO on AI Demand, Data Centers in Space and Musk's Terafab
• Positive Sentiment: Investor attention also turned to the idea that ASML may be able to expand EUV output more than previously expected, which could lift medium-term revenue and margins and support bullish analyst targets. ASML jumps as investors refocus on EUV capacity upside and bullish analyst targets
• Positive Sentiment: Media reports that Elon Musk has engaged with ASML about EUV tools for Terafab added to the bullish narrative, since ASML remains the only supplier of these critical machines for advanced AI chipmaking. ASML NasdaqGS: ASML Stock Is Back In Focus As Musk Eyes Its EUV Tools

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Barclays reissued an "overweight" rating on shares of ASML in a research report on Thursday, June 4th. Berenberg Bank restated a "buy" rating on shares of ASML in a research note on Friday, May 8th. JPMorgan Chase & Co. raised their target price on ASML from $1,813.00 to $2,200.00 and gave the stock a "buy" rating in a report on Wednesday, June 3rd. Wells Fargo & Company restated an "overweight" rating and set a $1,750.00 price objective on shares of ASML in a research report on Thursday, April 16th. Finally, Jefferies Financial Group reiterated a "neutral" rating on shares of ASML in a research report on Monday, June 1st. Four research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, ASML currently has an average rating of "Moderate Buy" and a consensus target price of $1,589.63.

ASML Price Performance

NASDAQ ASML opened at $1,867.83 on Thursday. ASML Holding N.V. has a 1 year low of $683.48 and a 1 year high of $1,938.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The company has a market cap of $734.58 billion, a price-to-earnings ratio of 67.00, a PEG ratio of 1.45 and a beta of 1.82. The stock's fifty day moving average price is $1,572.34 and its 200 day moving average price is $1,389.44.

ASML (NASDAQ:ASML - Get Free Report) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The company had revenue of $10.15 billion for the quarter. As a group, equities research analysts forecast that ASML Holding N.V. will post 36.76 earnings per share for the current year.

About ASML

ASML Holding N.V. NASDAQ: ASML is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML's product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

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