Clare Market Investments LLC Acquires New Holdings in ASML Holding N.V. $ASML

Clare Market Investments LLC purchased a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,162 shares of the semiconductor company’s stock, valued at approximately $4,176,000. ASML comprises approximately 0.9% of Clare Market Investments LLC’s holdings, making the stock its 21st largest holding.

Several other institutional investors have also bought and sold shares of the stock. Sather Financial Group Inc acquired a new stake in shares of ASML in the 1st quarter worth approximately $215,000. Signet Private Wealth LLC raised its holdings in ASML by 8.9% during the first quarter. Signet Private Wealth LLC now owns 329 shares of the semiconductor company’s stock worth $435,000 after purchasing an additional 27 shares in the last quarter. Sage Rhino Capital LLC lifted its position in ASML by 1.8% in the first quarter. Sage Rhino Capital LLC now owns 1,387 shares of the semiconductor company’s stock worth $1,832,000 after purchasing an additional 24 shares during the period. Busey Bank boosted its stake in ASML by 4.5% during the 1st quarter. Busey Bank now owns 4,968 shares of the semiconductor company’s stock valued at $6,562,000 after purchasing an additional 214 shares in the last quarter. Finally, PUREfi Wealth LLC boosted its stake in ASML by 29.6% during the 1st quarter. PUREfi Wealth LLC now owns 710 shares of the semiconductor company’s stock valued at $938,000 after purchasing an additional 162 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Trading Down 4.2%

Shares of NASDAQ:ASML opened at $1,748.49 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. The stock has a market capitalization of $687.65 billion, a price-to-earnings ratio of 62.54, a PEG ratio of 1.34 and a beta of 1.78. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,999.96. The company has a 50 day moving average price of $1,668.56 and a 200 day moving average price of $1,452.61.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion for the quarter. On average, research analysts anticipate that ASML Holding N.V. will post 36.62 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ASML. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Barclays reaffirmed a “buy” rating on shares of ASML in a research note on Monday, June 29th. Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Zacks Research upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 4th. Finally, Royal Bank Of Canada boosted their price target on shares of ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,854.12.

ASML Company Profile

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.