Farther Finance Advisors LLC Purchases 603 Shares of ASML Holding (NASDAQ:ASML)

Farther Finance Advisors LLC lifted its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 17.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,033 shares of the semiconductor company's stock after buying an additional 603 shares during the quarter. Farther Finance Advisors LLC's holdings in ASML were worth $2,692,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of ASML. Wellington Shields & Co. LLC boosted its stake in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML during the 4th quarter worth about $31,000. Roxbury Financial LLC acquired a new stake in shares of ASML in the 4th quarter valued at about $39,000. Tradewinds Capital Management LLC increased its position in ASML by 96.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock valued at $41,000 after buying an additional 29 shares in the last quarter. Finally, Investment Management Corp VA ADV acquired a new position in ASML during the 4th quarter worth approximately $46,000. Institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Wells Fargo & Company decreased their price objective on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Citigroup restated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Susquehanna decreased their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $906.00.

ASML Stock Down 3.2%

NASDAQ:ASML traded down $25.21 on Friday, hitting $761.00. The stock had a trading volume of 1,742,119 shares, compared to its average volume of 1,684,517. ASML Holding has a 1 year low of $578.51 and a 1 year high of $1,110.09. The firm's fifty day simple moving average is $710.27 and its two-hundred day simple moving average is $714.56. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market cap of $299.39 billion, a P/E ratio of 36.59, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML - Get Free Report) last issued 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. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Analysts predict that ASML Holding 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.