West Oak Capital LLC Purchases 357 Shares of ASML Holding (NASDAQ:ASML)

West Oak Capital LLC grew its position in ASML Holding (NASDAQ:ASML - Free Report) by 16.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,520 shares of the semiconductor company's stock after buying an additional 357 shares during the period. West Oak Capital LLC's holdings in ASML were worth $1,670,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Edgewood Management LLC grew its stake in shares of ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company's stock worth $2,208,615,000 after purchasing an additional 959,696 shares during the period. Van ECK Associates Corp grew its stake in shares of ASML by 1.8% during the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company's stock worth $1,239,421,000 after purchasing an additional 31,231 shares during the period. GAMMA Investing LLC grew its stake in shares of ASML by 70,115.5% during the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company's stock worth $9,282,120,000 after purchasing an additional 1,398,805 shares during the period. Clearbridge Investments LLC grew its stake in shares of ASML by 2.8% during the fourth quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company's stock worth $868,324,000 after purchasing an additional 33,603 shares during the period. Finally, Neuberger Berman Group LLC grew its stake in shares of ASML by 1.4% during the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company's stock worth $667,155,000 after purchasing an additional 13,115 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ASML has been the subject of a number of analyst reports. Barclays reaffirmed an "equal weight" rating on shares of ASML in a research note on Tuesday, June 3rd. Susquehanna decreased their target price 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. Citigroup reissued a "buy" rating on shares of ASML in a research note on Monday, May 19th. Finally, Wells Fargo & Company decreased their target price on ASML from $860.00 to $840.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, ASML has an average rating of "Moderate Buy" and a consensus target price of $906.00.

ASML Trading Down 3.2%

NASDAQ:ASML traded down $25.21 on Friday, reaching $761.00. The company's stock had a trading volume of 1,742,119 shares, compared to its average volume of 1,681,968. ASML Holding has a 1-year low of $578.51 and a 1-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 firm has a market cap of $299.39 billion, a PE ratio of 36.59, a PEG ratio of 1.62 and a beta of 1.74. The business's 50-day moving average price is $710.27 and its two-hundred day moving average price is $714.56.

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