ASML Holding (NASDAQ:ASML) Shares Purchased by Azzad Asset Management Inc. ADV

Azzad Asset Management Inc. ADV lifted its stake in ASML Holding (NASDAQ:ASML) by 37.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,589 shares of the semiconductor company’s stock after purchasing an additional 1,249 shares during the quarter. Azzad Asset Management Inc. ADV’s holdings in ASML were worth $3,041,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sunpointe LLC lifted its stake in shares of ASML by 1.3% during the 4th quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock worth $772,000 after purchasing an additional 14 shares during the period. Wealth Quarterback LLC increased its holdings in shares of ASML by 1.1% during the 4th quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock worth $923,000 after buying an additional 15 shares during the last quarter. Sfmg LLC increased its holdings in shares of ASML by 3.0% during the 4th quarter. Sfmg LLC now owns 511 shares of the semiconductor company’s stock worth $354,000 after buying an additional 15 shares during the last quarter. Norinchukin Bank The increased its holdings in shares of 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 buying an additional 15 shares during the last quarter. Finally, Coppell Advisory Solutions LLC increased its holdings in shares of 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 buying an additional 15 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ASML. Barclays restated an “equal weight” rating on shares of ASML in a report on Tuesday, June 3rd. Susquehanna dropped their price objective on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Wells Fargo & Company dropped their price objective on ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Finally, Citigroup restated a “buy” rating on shares of ASML in a report on Monday, May 19th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $906.00.

ASML Stock Down 3.2%

Shares of ASML stock opened at $761.00 on Friday. The business has a 50-day moving average of $710.27 and a 200-day moving average of $714.56. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.53 and a quick ratio of 0.99. The company has a market capitalization of $299.39 billion, a PE ratio of 36.59, a P/E/G ratio of 1.62 and a beta of 1.74. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09.

ASML (NASDAQ:ASML) last announced its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. As a group, equities analysts forecast that ASML Holding will post 25.17 EPS for the current fiscal year.

ASML 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.