Insigneo Advisory Services LLC Sells 307 Shares of ASML Holding (NASDAQ:ASML)

Insigneo Advisory Services LLC decreased its position in ASML Holding (NASDAQ:ASML) by 12.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,247 shares of the semiconductor company’s stock after selling 307 shares during the period. Insigneo Advisory Services LLC’s holdings in ASML were worth $1,489,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Bfsg LLC increased its holdings in shares of ASML by 15.8% in the first quarter. Bfsg LLC now owns 2,883 shares of the semiconductor company’s stock worth $1,910,000 after acquiring an additional 394 shares in the last quarter. Strategic Advisors LLC grew its position in shares of ASML by 37.5% in the 1st quarter. Strategic Advisors LLC now owns 3,030 shares of the semiconductor company’s stock valued at $2,008,000 after purchasing an additional 826 shares during the period. Chicago Capital LLC grew its position in shares of ASML by 1.0% in the 1st quarter. Chicago Capital LLC now owns 63,031 shares of the semiconductor company’s stock valued at $41,766,000 after purchasing an additional 642 shares during the period. Inscription Capital LLC bought a new stake in ASML during the 1st quarter worth approximately $144,000. Finally, Louisbourg Investments Inc. raised its holdings in ASML by 33.3% during the 1st quarter. Louisbourg Investments Inc. now owns 1,200 shares of the semiconductor company’s stock worth $795,000 after buying an additional 300 shares during the period. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of several research reports. Wells Fargo & Company lowered their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Susquehanna lowered their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a report on Thursday, April 17th. Barclays reissued an “equal weight” rating on shares of ASML in a research note on Tuesday, June 3rd. Finally, Citigroup reiterated 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 given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, ASML presently has a consensus rating of “Moderate Buy” and an average price target of $906.00.

ASML Stock Up 1.9%

ASML stock opened at $775.23 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 1-year low of $578.51 and a 1-year high of $1,110.09. The company has a fifty day simple moving average of $713.86 and a 200 day simple moving average of $715.79. The company has a market cap of $304.99 billion, a P/E ratio of 37.27, a price-to-earnings-growth ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML) last announced its quarterly earnings data 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 analysts’ expectations of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Research analysts anticipate that ASML Holding will post 25.17 earnings per share 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.