ASML Holding N.V. $ASML Shares Sold by Anchor Investment Management LLC

Anchor Investment Management LLC trimmed its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 20.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,347 shares of the semiconductor company’s stock after selling 349 shares during the quarter. Anchor Investment Management LLC’s holdings in ASML were worth $1,441,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Cornerstone Financial Management LLC acquired a new stake in shares of ASML in the 4th quarter valued at about $26,000. Binnacle Investments Inc lifted its position in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. Resources Management Corp CT ADV grew its stake in ASML by 1,150.0% in the fourth 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 in the last quarter. North Star Investment Management Corp. grew its stake in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc bought a new stake in ASML in the fourth quarter valued at about $30,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Stock Performance

Shares of ASML stock opened at $1,929.68 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,942.87. The stock’s 50-day moving average is $1,594.98 and its two-hundred day moving average is $1,399.33. The firm has a market cap of $758.90 billion, a P/E ratio of 69.21, a PEG ratio of 1.55 and a beta of 1.82.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. Analysts predict that ASML Holding N.V. will post 36.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on ASML shares. The Goldman Sachs Group restated a “buy” rating on shares of ASML in a research note on Thursday, June 11th. Citigroup reiterated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. JPMorgan Chase & Co. upped their price target on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,589.62.

More ASML News

Here are the key news stories impacting ASML this week:

• Negative Sentiment: U.S. officials reportedly questioned whether an ASML EUV machine may have made its way to China, raising the risk of tighter export scrutiny and possible regulatory fallout. US tells ASML it’s concerned one of its chipmaking tools may be in China, Bloomberg News reports
• Negative Sentiment: ASML is facing fresh China export scrutiny after reports that the Trump administration is probing whether an advanced chipmaking tool was diverted to China, keeping geopolitical risk front and center for investors. ASML Faces Fresh China Export Scrutiny
• Neutral Sentiment: ASML has denied the allegations, saying its EUV systems are not in China; while that may limit immediate damage, the dispute still leaves uncertainty around U.S.-China export controls. US tells ASML it is concerned China may have top chip tool, Bloomberg News reports
• Neutral Sentiment: Longer-term optimism remains in place, with analysts still pointing to strong earnings growth and demand trends, and Barclays recently raising its price target on ASML. Here’s Why ASML Holding N.V. (ASML) Is Among the Stocks with Best Earnings Growth for the Next 3 Years

ASML 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.