Azzad Asset Management Inc. ADV Purchases 1,249 Shares of ASML Holding (NASDAQ:ASML)

Azzad Asset Management Inc. ADV grew its position in ASML Holding (NASDAQ:ASML - Free Report) by 37.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,589 shares of the semiconductor company's stock after buying an additional 1,249 shares during the period. Azzad Asset Management Inc. ADV's holdings in ASML were worth $3,041,000 at the end of the most recent quarter.

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

ASML Stock Performance

Shares of NASDAQ:ASML traded down $25.21 on Friday, reaching $761.00. 1,742,119 shares of the company's stock were exchanged, compared to its average volume of 1,681,968. The company has a fifty day moving average of $710.27 and a 200-day moving average of $714.56. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a market capitalization of $299.39 billion, a price-to-earnings ratio of 36.59, a PEG ratio of 1.62 and a beta of 1.74. 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 announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (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 firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. On average, research analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on ASML. Barclays reissued an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Susquehanna lowered their price objective 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. Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $906.00.

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.