Pacific Point Advisors LLC Buys Shares of 2,130 ASML Holding N.V. (NASDAQ:ASML)

Pacific Point Advisors LLC purchased a new stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,130 shares of the semiconductor company's stock, valued at approximately $1,411,000.

A number of other large investors also recently added to or reduced their stakes in ASML. Sfmg LLC increased its stake in shares of ASML by 3.0% during the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company's stock worth $354,000 after purchasing an additional 15 shares in the last quarter. Norinchukin Bank The grew its holdings in ASML by 1.8% during the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock valued at $594,000 after buying an additional 15 shares during the last quarter. Coppell Advisory Solutions LLC grew its holdings in ASML by 18.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock valued at $67,000 after buying an additional 15 shares during the last quarter. Nilsine Partners LLC raised its holdings in shares of ASML by 2.6% in the first quarter. Nilsine Partners LLC now owns 631 shares of the semiconductor company's stock worth $418,000 after acquiring an additional 16 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of ASML by 3.2% in the first quarter. First Horizon Advisors Inc. now owns 516 shares of the semiconductor company's stock worth $342,000 after acquiring an additional 16 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ASML shares. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a "positive" rating for the company in a research report on Thursday, April 17th. Sanford C. Bernstein began coverage on shares of ASML in a report on Tuesday, June 17th. They set a "market perform" rating and a $806.00 price target for the company. Wells Fargo & Company reduced their price objective on shares of ASML from $860.00 to $840.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $913.80.

ASML Price Performance

ASML stock opened at $794.20 on Monday. The firm has a fifty day moving average of $749.55 and a 200-day moving average of $722.83. ASML Holding N.V. has a 52-week low of $578.51 and a 52-week high of $1,110.09. 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 firm has a market capitalization of $312.45 billion, a P/E ratio of 33.47, a PEG ratio of 1.66 and a beta of 1.73.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a net margin of 28.32% and a return on equity of 51.82%. As a group, analysts predict that ASML Holding N.V. will post 25.17 EPS for the current 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.

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