Apollon Wealth Management LLC grew its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 7.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,568 shares of the semiconductor company's stock after purchasing an additional 566 shares during the period. Apollon Wealth Management LLC's holdings in ASML were worth $5,678,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Putney Financial Group LLC boosted its stake in shares of ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 29 shares in the last quarter. Wayfinding Financial LLC bought a new stake in shares of ASML during the 1st quarter worth about $35,000. Pinnacle Bancorp Inc. bought a new stake in shares of ASML during the 1st quarter worth about $42,000. Olde Wealth Management LLC bought a new stake in ASML during the 1st quarter valued at approximately $42,000. Finally, Alpine Bank Wealth Management bought a new stake in ASML during the 1st quarter valued at approximately $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.
ASML Stock Performance
ASML stock traded down $68.57 during trading hours on Wednesday, hitting $754.45. The stock had a trading volume of 10,771,053 shares, compared to its average volume of 1,757,263. The company has a 50-day moving average of $768.31 and a two-hundred day moving average of $727.15. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The company has a market cap of $296.82 billion, a PE ratio of 31.79, a price-to-earnings-growth ratio of 1.72 and a beta of 1.73. ASML Holding N.V. has a fifty-two week low of $578.51 and a fifty-two week high of $979.99.
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. The firm had revenue of $8.77 billion during the quarter, compared to analysts' expectations of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. On average, equities research analysts anticipate that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.
Analyst Ratings Changes
Several brokerages recently weighed in on ASML. Susquehanna decreased their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research note on Thursday, April 17th. Sanford C. Bernstein began coverage on ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 target price for the company. Wells Fargo & Company increased their target price on ASML from $840.00 to $890.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Barclays restated an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Jefferies Financial Group downgraded ASML from a "buy" rating to a "hold" rating in a research note on Thursday, June 26th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and an average target price of $923.80.
Check Out Our Latest Analysis on ASML
ASML Company Profile
(
Free Report)
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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