Zweig DiMenna Associates LLC Sells 5,250 Shares of ASML Holding (NASDAQ:ASML)

Zweig DiMenna Associates LLC lessened its stake in shares of ASML Holding (NASDAQ:ASML) by 66.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,623 shares of the semiconductor company’s stock after selling 5,250 shares during the period. Zweig DiMenna Associates LLC’s holdings in ASML were worth $1,818,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Thrivent Financial for Lutherans boosted its stake in ASML by 176.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,306 shares of the semiconductor company’s stock valued at $2,358,000 after purchasing an additional 1,472 shares during the last quarter. Fred Alger Management LLC grew its stake in shares of ASML by 266.1% during the 2nd quarter. Fred Alger Management LLC now owns 7,590 shares of the semiconductor company’s stock valued at $7,763,000 after purchasing an additional 5,517 shares during the period. AXA S.A. increased its position in shares of ASML by 158.0% during the 2nd quarter. AXA S.A. now owns 13,499 shares of the semiconductor company’s stock valued at $13,806,000 after purchasing an additional 8,266 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of ASML by 41.1% in the 2nd quarter. AQR Capital Management LLC now owns 1,974 shares of the semiconductor company’s stock worth $2,019,000 after purchasing an additional 575 shares during the period. Finally, Daymark Wealth Partners LLC raised its position in ASML by 16.1% in the second quarter. Daymark Wealth Partners LLC now owns 1,587 shares of the semiconductor company’s stock worth $1,623,000 after acquiring an additional 220 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ASML. Sanford C. Bernstein lowered their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Susquehanna cut their price objective on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company raised their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Three analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Down 0.2 %

NASDAQ ASML opened at $744.83 on Friday. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The firm has a market capitalization of $293.03 billion, a price-to-earnings ratio of 39.00, a PEG ratio of 2.39 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average of $712.16 and a two-hundred day moving average of $790.79.

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.