ASML Holding (NASDAQ:ASML) Shares Sold by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp lessened its stake in ASML Holding (NASDAQ:ASML - Free Report) by 48.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,445 shares of the semiconductor company's stock after selling 2,335 shares during the quarter. MADDEN SECURITIES Corp's holdings in ASML were worth $1,620,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Wellington Shields & Co. LLC raised its holdings in shares of ASML by 740.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 37 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of ASML during the fourth quarter worth $31,000. Roxbury Financial LLC acquired a new stake in ASML during the fourth quarter worth about $39,000. Tradewinds Capital Management LLC raised its stake in ASML by 96.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company's stock worth $41,000 after acquiring an additional 29 shares during the period. Finally, Investment Management Corp VA ADV acquired a new stake in ASML during the fourth quarter worth about $46,000. Institutional investors and hedge funds own 26.07% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on ASML shares. Barclays reiterated an "equal weight" rating on shares of ASML in a research report on Tuesday, June 3rd. Wells Fargo & Company dropped their target price on ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Susquehanna dropped 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. Finally, Citigroup reaffirmed a "buy" rating on shares of ASML in a report on Monday, May 19th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $906.00.

ASML Stock Performance

Shares of ASML traded up $2.05 during trading hours on Thursday, reaching $786.14. 856,800 shares of the company's stock traded hands, compared to its average volume of 1,676,165. The firm has a market capitalization of $309.28 billion, a price-to-earnings ratio of 37.80, a P/E/G ratio of 1.62 and a beta of 1.74. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The business's fifty day simple moving average is $703.55 and its two-hundred day simple moving average is $713.24.

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