Legacy Wealth Asset Management LLC Sells 1,637 Shares of ASML Holding (NASDAQ:ASML)

Legacy Wealth Asset Management LLC trimmed its stake in shares of ASML Holding (NASDAQ:ASML - Free Report) by 59.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,137 shares of the semiconductor company's stock after selling 1,637 shares during the quarter. Legacy Wealth Asset Management LLC's holdings in ASML were worth $753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of ASML. Wellington Shields & Co. LLC lifted its position in ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after buying an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in ASML during the fourth quarter worth about $31,000. Roxbury Financial LLC purchased a new stake in ASML in the fourth quarter worth about $39,000. Caitlin John LLC lifted its holdings in shares of ASML by 78.1% during the fourth quarter. Caitlin John LLC now owns 57 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 25 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its position in shares of ASML by 59.5% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 22 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on ASML. Citigroup reiterated a "buy" rating on shares of ASML in a research note on Monday, May 19th. Wells Fargo & Company reduced their price objective 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. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday. Finally, Susquehanna dropped their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $906.00.

ASML Price Performance

ASML stock traded up $11.86 during mid-day trading on Thursday, hitting $754.64. The stock had a trading volume of 676,234 shares, compared to its average volume of 1,671,927. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $296.89 billion, a P/E ratio of 36.19, a P/E/G ratio of 1.62 and a beta of 1.74. The firm's 50 day moving average is $691.30 and its 200 day moving average is $709.71.

ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, topping analysts' consensus estimates of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. On average, sell-side analysts forecast that ASML Holding will post 25.17 earnings per share for the current fiscal year.

ASML Company 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.