ASML Holding N.V. (NASDAQ:ASML) Shares Sold by Ritholtz Wealth Management

Ritholtz Wealth Management cut its stake in ASML Holding N.V. (NASDAQ:ASML - Free Report) by 15.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,281 shares of the semiconductor company's stock after selling 1,134 shares during the quarter. Ritholtz Wealth Management's holdings in ASML were worth $4,162,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ASML. Savant Capital LLC grew its holdings in ASML by 22.4% during the 4th quarter. Savant Capital LLC now owns 907 shares of the semiconductor company's stock valued at $629,000 after purchasing an additional 166 shares in the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in shares of ASML during the fourth quarter valued at about $230,000. Allspring Global Investments Holdings LLC increased its position in shares of ASML by 22.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 7,102 shares of the semiconductor company's stock worth $4,974,000 after acquiring an additional 1,279 shares during the last quarter. Bogart Wealth LLC lifted its stake in shares of ASML by 54.5% in the fourth quarter. Bogart Wealth LLC now owns 170 shares of the semiconductor company's stock worth $118,000 after acquiring an additional 60 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA boosted its holdings in ASML by 41.3% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 609 shares of the semiconductor company's stock valued at $422,000 after purchasing an additional 178 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ASML shares. Barclays restated an "equal weight" rating on shares of ASML in a report on Tuesday, June 3rd. Wells Fargo & Company dropped their price target on shares of ASML from $860.00 to $840.00 and set an "overweight" rating for the company 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. Sanford C. Bernstein began coverage on shares of ASML in a report on Tuesday. They set a "market perform" rating and a $806.00 price objective for the company. Finally, Susquehanna cut their target price on shares of ASML from $1,100.00 to $965.00 and set a "positive" rating on the stock in a research note 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 issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $913.80.

ASML Stock Performance

Shares of ASML stock traded up $1.78 during trading hours on Wednesday, reaching $761.64. The company's stock had a trading volume of 1,364,305 shares, compared to its average volume of 1,684,652. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The company's 50 day simple moving average is $715.32 and its 200 day simple moving average is $716.10. The stock has a market cap of $299.64 billion, a P/E ratio of 32.10, a price-to-earnings-growth ratio of 1.51 and a beta of 1.74.

ASML (NASDAQ:ASML - Get Free Report) last posted 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. ASML had a return on equity of 51.82% and a net margin of 28.32%. The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. As a group, analysts expect that ASML Holding N.V. 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.