ASML Holding N.V. $ASML Shares Sold by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc decreased its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 21.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,507 shares of the semiconductor company’s stock after selling 685 shares during the period. Marks Group Wealth Management Inc’s holdings in ASML were worth $3,311,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ASML. Midwest Professional Planners LTD. boosted its stake in shares of ASML by 168.1% in the 1st quarter. Midwest Professional Planners LTD. now owns 1,319 shares of the semiconductor company’s stock valued at $1,742,000 after buying an additional 827 shares during the period. Three Seasons Wealth LLC acquired a new stake in ASML in the first quarter valued at approximately $388,000. Nolet Wealth Management LLC lifted its stake in ASML by 9.5% in the first quarter. Nolet Wealth Management LLC now owns 230 shares of the semiconductor company’s stock worth $303,000 after acquiring an additional 20 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in ASML in the first quarter worth approximately $55,000. Finally, Avanda Investment Management Pte. Ltd. grew its holdings in ASML by 62.9% during the 1st quarter. Avanda Investment Management Pte. Ltd. now owns 1,140 shares of the semiconductor company’s stock worth $1,506,000 after acquiring an additional 440 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 2.3%

ASML stock opened at $1,816.64 on Thursday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,999.96. The company’s 50 day moving average is $1,723.52 and its two-hundred day moving average is $1,493.66. The stock has a market cap of $714.46 billion, a P/E ratio of 65.16, a PEG ratio of 1.35 and a beta of 1.78.

ASML (NASDAQ:ASMLGet Free Report) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (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. Research analysts expect that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, May 8th. JPMorgan Chase & Co. increased their target price on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Royal Bank Of Canada raised their price target on ASML from $1,700.00 to $2,000.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a report on Thursday, April 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and three have given 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 $1,891.62.

Read Our Latest Research Report on ASML

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ASML 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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