Sowell Financial Services LLC acquired a new position in ASML Holding N.V. (NASDAQ:ASML - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 955 shares of the semiconductor company's stock, valued at approximately $633,000.
Several other institutional investors have also recently made changes to their positions in the business. Sunpointe LLC increased its position in ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company's stock worth $772,000 after buying an additional 14 shares in the last quarter. Sfmg LLC grew 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 valued at $354,000 after acquiring an additional 15 shares during the period. Norinchukin Bank The raised its stake in ASML by 1.8% during the 4th quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company's stock worth $594,000 after acquiring an additional 15 shares during the period. Coppell Advisory Solutions LLC raised its stake in ASML by 18.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company's stock worth $67,000 after acquiring an additional 15 shares during the period. Finally, Ethos Financial Group LLC lifted its holdings in ASML by 5.6% during the fourth quarter. Ethos Financial Group LLC now owns 302 shares of the semiconductor company's stock valued at $209,000 after purchasing an additional 16 shares in the last quarter. Institutional investors own 26.07% of the company's stock.
ASML Price Performance
Shares of NASDAQ ASML traded down $5.11 during midday trading on Friday, reaching $756.53. 2,302,021 shares of the stock traded hands, compared to its average volume of 1,689,802. The company's 50 day moving average is $719.05 and its 200 day moving average is $716.76. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The stock has a market capitalization of $297.63 billion, a PE ratio of 31.88, a P/E/G ratio of 1.48 and a beta of 1.74. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.52 and a quick ratio of 0.91.
ASML (NASDAQ:ASML - Get Free Report) last released its quarterly earnings data 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 net margin of 28.32% and a return on equity of 51.82%. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $7.90 billion. On average, equities research analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on ASML shares. Barclays reissued an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Citigroup reissued a "buy" rating on shares of ASML in a report on Monday, May 19th. 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 note on Thursday, April 17th. Sanford C. Bernstein assumed coverage on ASML in a research note on Tuesday. They set a "market perform" rating and a $806.00 target price on the stock. Finally, Wells Fargo & Company dropped their price target on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Four 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 stock. Based on data from MarketBeat.com, ASML currently has a consensus rating of "Moderate Buy" and an average target price of $913.80.
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ASML Company Profile
(
Free Report)
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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