Teamwork Financial Advisors LLC bought a new position in ASML Holding (NASDAQ:ASML – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 2,043 shares of the semiconductor company’s stock, valued at approximately $1,416,000.
Several other hedge funds have also bought and sold shares of ASML. Fairway Wealth LLC bought a new stake in ASML during the third quarter worth $25,000. Resources Management Corp CT ADV purchased a new position in ASML during the 2nd quarter worth $26,000. Milestone Investment Advisors LLC bought a new stake in shares of ASML in the 3rd quarter worth $28,000. Fortitude Family Office LLC raised its holdings in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 15 shares during the last quarter. Finally, Albion Financial Group UT lifted its position in shares of ASML by 133.3% during the fourth quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 32 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on ASML. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. dropped their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. BNP Paribas started coverage on ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Wells Fargo & Company lifted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Finally, Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.
ASML Stock Performance
NASDAQ ASML opened at $766.71 on Thursday. The company’s 50 day moving average is $712.16 and its 200-day moving average is $790.79. The firm has a market cap of $301.64 billion, a P/E ratio of 40.14, a price-to-earnings-growth ratio of 2.37 and a beta of 1.47. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.
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.
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