Aspetuck Financial Management LLC Acquires Shares of 340 ASML Holding N.V. (NASDAQ:ASML)

Aspetuck Financial Management LLC acquired a new position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 340 shares of the semiconductor company's stock, valued at approximately $225,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Security National Bank boosted its stake in ASML by 1.0% during the 1st quarter. Security National Bank now owns 9,999 shares of the semiconductor company's stock worth $6,626,000 after acquiring an additional 101 shares during the last quarter. Perigon Wealth Management LLC boosted its stake in ASML by 54.2% during the 1st quarter. Perigon Wealth Management LLC now owns 1,784 shares of the semiconductor company's stock worth $1,182,000 after acquiring an additional 627 shares during the last quarter. Alpine Bank Wealth Management acquired a new stake in ASML during the 1st quarter worth approximately $43,000. FFG Partners LLC boosted its holdings in shares of ASML by 8.8% in the first quarter. FFG Partners LLC now owns 806 shares of the semiconductor company's stock valued at $535,000 after buying an additional 65 shares during the period. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of ASML in the first quarter valued at approximately $42,000. Institutional investors own 26.07% of the company's stock.

ASML Stock Down 0.3%

Shares of ASML stock traded down $2.14 during trading on Friday, reaching $795.95. The company's stock had a trading volume of 1,200,605 shares, compared to its average volume of 1,702,013. The business has a fifty day moving average price of $732.31 and a 200-day moving average price of $719.50. 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 $313.14 billion, a price-to-earnings ratio of 33.54, a price-to-earnings-growth ratio of 1.55 and a beta of 1.74. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09.

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. ASML had a net margin of 28.32% and a return on equity of 51.82%. The firm had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. Analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

Analysts Set New Price Targets

ASML has been the subject of several research analyst reports. Barclays reiterated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna reduced their price target on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a report on Thursday, April 17th. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a report on Thursday. Wells Fargo & Company reduced their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Finally, Sanford C. Bernstein initiated coverage on shares of ASML in a report on Tuesday, June 17th. They issued a "market perform" rating and a $806.00 price target for the company. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $913.80.

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.