Investment Insight Wealth Management LLC Buys Shares of 701 ASML Holding N.V. $ASML

Investment Insight Wealth Management LLC bought a new position in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 701 shares of the semiconductor company’s stock, valued at approximately $750,000. ASML makes up about 0.7% of Investment Insight Wealth Management LLC’s portfolio, making the stock its 20th biggest position.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cornerstone Financial Management LLC acquired a new stake in shares of ASML in the 4th quarter valued at approximately $26,000. Binnacle Investments Inc increased its position in ASML by 78.9% during the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares in the last quarter. Resources Management Corp CT ADV lifted its stake in ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares during the last quarter. North Star Investment Management Corp. lifted its stake in ASML by 68.8% in the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc acquired a new stake in ASML in the fourth quarter valued at approximately $30,000. Institutional investors own 26.07% of the company’s stock.

Key ASML News

Here are the key news stories impacting ASML this week:

Analysts Set New Price Targets

ASML has been the topic of a number of research reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Zacks Research upgraded ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Citigroup reissued a “buy” rating on shares of ASML in a report on Thursday, April 16th. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a report on Thursday, April 16th. Four analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and an average target price of $1,589.62.

Check Out Our Latest Report on ASML

ASML Trading Up 3.3%

Shares of NASDAQ ASML opened at $1,929.68 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,942.87. The firm has a 50 day moving average price of $1,584.81 and a two-hundred day moving average price of $1,395.60. The stock has a market cap of $758.90 billion, a P/E ratio of 69.21, a price-to-earnings-growth ratio of 1.50 and a beta of 1.82.

ASML (NASDAQ:ASMLGet Free Report) last issued its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The company had revenue of $10.15 billion for the quarter. As a group, equities analysts forecast that ASML Holding N.V. will post 36.76 EPS for the current year.

ASML Company Profile

(Free Report)

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.

See Also

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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