SkyOak Wealth LLC Acquires Shares of 317 ASML Holding N.V. $ASML

SkyOak Wealth LLC acquired a new stake in ASML Holding N.V. (NASDAQ:ASMLFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 317 shares of the semiconductor company’s stock, valued at approximately $419,000.

A number of other hedge funds have also recently modified their holdings of the stock. Cornerstone Financial Management LLC purchased a new position in ASML during the fourth quarter valued at approximately $26,000. Portus Wealth Advisors LLC purchased a new stake in ASML in the 1st quarter worth approximately $32,000. Resources Management Corp CT ADV grew its stake in shares of ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 23 shares during the period. North Star Investment Management Corp. increased its holdings in shares of ASML by 68.8% during 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 in the last quarter. Finally, Jessup Wealth Management Inc purchased a new position in shares of ASML during the 4th quarter valued at approximately $30,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

Analyst Ratings Changes

ASML has been the subject of several analyst reports. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Zacks Research cut shares of ASML from a “strong-buy” rating to a “hold” rating in a report on Friday, July 3rd. Barclays reiterated a “buy” rating on shares of ASML in a research report on Monday, June 29th. Wells Fargo & Company increased their target price on shares of ASML from $1,750.00 to $2,200.00 and gave the stock an “overweight” rating in a research note on Monday, June 22nd. Finally, UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average target price of $1,854.12.

Check Out Our Latest Research Report on ASML

ASML Stock Performance

ASML opened at $1,804.25 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The company has a market cap of $709.58 billion, a price-to-earnings ratio of 64.71, a PEG ratio of 1.34 and a beta of 1.78. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,999.96. The firm’s fifty day simple moving average is $1,697.62 and its two-hundred day simple moving average is $1,473.46.

ASML (NASDAQ:ASMLGet Free Report) last released its 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 business had revenue of $10.15 billion during the quarter. Equities analysts anticipate that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal 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.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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