ASML Holding N.V. (NASDAQ:ASML) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. reduced its position in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 60.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,031 shares of the semiconductor company's stock after selling 7,723 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in ASML were worth $3,334,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock valued at $9,282,120,000 after acquiring an additional 1,398,805 shares in the last quarter. Edgewood Management LLC lifted its holdings in shares of ASML by 43.1% during the 4th quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock valued at $2,208,615,000 after purchasing an additional 959,696 shares during the last quarter. Amundi boosted its position in shares of ASML by 4,880.5% in the 4th quarter. Amundi now owns 335,284 shares of the semiconductor company's stock worth $247,019,000 after purchasing an additional 328,552 shares in the last quarter. Wellington Management Group LLP grew its stake in ASML by 53.4% during the 4th quarter. Wellington Management Group LLP now owns 807,257 shares of the semiconductor company's stock worth $559,494,000 after buying an additional 281,156 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in ASML during the 4th quarter valued at about $175,257,000. Hedge funds and other institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

ASML has been the topic of a number of research analyst reports. Wells Fargo & Company dropped their price target on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Citigroup reiterated 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 note on Tuesday, June 3rd. Sanford C. Bernstein initiated coverage on shares of ASML in a research note on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price objective for the company. Finally, Susquehanna cut their target price on ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research report on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $913.80.

ASML Stock Performance

Shares of NASDAQ:ASML traded up $1.88 during midday trading on Wednesday, reaching $815.24. The company's stock had a trading volume of 1,385,959 shares, compared to its average volume of 1,697,063. 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 stock has a fifty day moving average of $725.54 and a 200 day moving average of $718.20. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,110.09. The firm has a market capitalization of $320.73 billion, a PE ratio of 34.35, a P/E/G ratio of 1.58 and a beta of 1.74.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly 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 company 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, equities analysts expect that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

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.