ASML Holding N.V. (NASDAQ:ASML) Shares Purchased by Elevate Capital Advisors LLC

Elevate Capital Advisors LLC increased its position in shares of ASML Holding N.V. (NASDAQ:ASML - Free Report) by 147.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,755 shares of the semiconductor company's stock after purchasing an additional 1,047 shares during the period. Elevate Capital Advisors LLC's holdings in ASML were worth $1,163,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ASML. Wealthcare Advisory Partners LLC lifted its stake in ASML by 12.3% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 402 shares of the semiconductor company's stock worth $266,000 after purchasing an additional 44 shares in the last quarter. Rhumbline Advisers lifted its position in shares of ASML by 12.7% in the first quarter. Rhumbline Advisers now owns 8,407 shares of the semiconductor company's stock worth $5,571,000 after buying an additional 947 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of ASML by 1.6% in the first quarter. Sequoia Financial Advisors LLC now owns 3,478 shares of the semiconductor company's stock worth $2,304,000 after buying an additional 55 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in ASML by 2.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,418 shares of the semiconductor company's stock valued at $22,806,000 after buying an additional 763 shares during the last quarter. Finally, Novo Holdings A S grew its holdings in ASML by 24.4% during the 4th quarter. Novo Holdings A S now owns 165,836 shares of the semiconductor company's stock valued at $114,938,000 after buying an additional 32,500 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company's stock.

ASML Stock Down 1.4%

Shares of NASDAQ ASML traded down $10.92 during midday trading on Tuesday, reaching $790.47. 1,065,779 shares of the company's stock traded hands, compared to its average volume of 1,700,447. The company has a market cap of $310.99 billion, a price-to-earnings ratio of 33.31, a P/E/G ratio of 1.54 and a beta of 1.74. The company has a quick ratio of 0.91, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The stock's 50 day simple moving average is $738.96 and its 200-day simple moving average is $720.80.

ASML (NASDAQ:ASML - Get Free Report) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share 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 the consensus estimate of $7.90 billion. ASML had a return on equity of 51.82% and a net margin of 28.32%. On average, analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ASML shares. Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Citigroup reiterated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Susquehanna reduced their target price 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. Jefferies Financial Group cut shares of ASML from a "buy" rating to a "hold" rating in a research report on Thursday, June 26th. Finally, Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, ASML presently has an average rating of "Moderate Buy" and a consensus target price 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.