Paragon Advisors LLC Has $5.29 Million Position in ASML Holding (NASDAQ:ASML)

Paragon Advisors LLC decreased its position in shares of ASML Holding (NASDAQ:ASML - Free Report) by 16.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,989 shares of the semiconductor company's stock after selling 1,535 shares during the period. ASML accounts for 2.0% of Paragon Advisors LLC's investment portfolio, making the stock its 11th biggest holding. Paragon Advisors LLC's holdings in ASML were worth $5,294,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ASML. Sunpointe LLC grew its holdings in shares of ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after purchasing an additional 14 shares in the last quarter. Wealth Quarterback LLC lifted its stake in ASML by 1.1% during the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company's stock worth $923,000 after purchasing an additional 15 shares during the period. Sfmg LLC boosted its holdings in ASML by 3.0% during the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after buying an additional 15 shares during the last quarter. Norinchukin Bank The grew its position in shares of ASML by 1.8% during the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after buying an additional 15 shares during the period. Finally, Coppell Advisory Solutions LLC increased its stake in shares of ASML by 18.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock valued at $67,000 after acquiring an additional 15 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

ASML Stock Up 1.9%

Shares of NASDAQ:ASML traded up $14.77 during midday trading on Tuesday, reaching $784.97. The company had a trading volume of 1,714,202 shares, compared to its average volume of 1,674,483. The business's 50 day moving average price is $696.74 and its 200 day moving average price is $712.24. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market cap of $308.82 billion, a PE ratio of 37.74, a P/E/G ratio of 1.62 and a beta of 1.74.

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