GAMMA Investing LLC Grows Position in ASML Holding (NASDAQ:ASML)

GAMMA Investing LLC raised its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 70,115.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,400,800 shares of the semiconductor company's stock after acquiring an additional 1,398,805 shares during the quarter. ASML comprises approximately 1.7% of GAMMA Investing LLC's holdings, making the stock its 10th largest position. GAMMA Investing LLC owned about 0.36% of ASML worth $9,282,120,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Kennebec Savings Bank lifted its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 25 shares during the last quarter. Wellington Shields & Co. LLC boosted its position in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML in the fourth quarter worth $31,000. Roxbury Financial LLC bought a new position in ASML during the fourth quarter worth $39,000. Finally, Caitlin John LLC raised its stake in ASML by 78.1% during the 4th 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. Institutional investors own 26.07% of the company's stock.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of research analyst reports. Susquehanna cut their price objective on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company cut their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. DZ Bank raised ASML from a "hold" rating to a "buy" rating in a report on Thursday, January 30th. Citigroup restated a "buy" rating on shares of ASML in a research report on Monday, May 19th. Finally, JPMorgan Chase & Co. reduced their target price on ASML from $1,148.00 to $1,100.00 and set an "overweight" rating for the company in a research report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, ASML currently has an average rating of "Moderate Buy" and an average target price of $906.00.

ASML Stock Down 1.9%

NASDAQ ASML traded down $14.55 during trading hours on Friday, reaching $732.52. 1,785,398 shares of the company's stock were exchanged, compared to its average volume of 1,673,415. ASML Holding has a one year low of $578.51 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The company's 50-day moving average is $687.99 and its two-hundred day moving average is $708.25. The company has a market capitalization of $288.19 billion, a price-to-earnings ratio of 35.22, a price-to-earnings-growth ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML - Get Free Report) last released its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion for the quarter, compared to analysts' expectations of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, analysts forecast that ASML Holding will post 25.17 EPS 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.