Continuum Advisory LLC Makes New Investment in ASML Holding N.V. $ASML

Continuum Advisory LLC acquired a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 256 shares of the semiconductor company’s stock, valued at approximately $338,000.

Several other large investors also recently bought and sold shares of the business. Cornerstone Financial Management LLC purchased a new position in shares of ASML in the 4th quarter worth approximately $26,000. Binnacle Investments Inc lifted its position in ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after buying an additional 15 shares during the last quarter. Resources Management Corp CT ADV boosted its stake in ASML by 1,150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares during the period. North Star Investment Management Corp. boosted its stake in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after buying an additional 11 shares during the period. Finally, Jessup Wealth Management Inc bought a new position in ASML during the fourth quarter valued at $30,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

ASML has been the subject of several analyst reports. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Susquehanna reiterated a “positive” rating on shares of ASML in a report on Tuesday. Jefferies Financial Group reissued a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Weiss Ratings downgraded shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Finally, UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,772.62.

ASML Stock Up 5.6%

NASDAQ:ASML opened at $1,989.44 on Wednesday. The company has a 50-day moving average of $1,648.51 and a 200 day moving average of $1,437.89. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,999.96. The firm has a market cap of $782.41 billion, a PE ratio of 71.36, a price-to-earnings-growth ratio of 1.43 and a beta of 1.82. 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 (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. As a group, research analysts anticipate that ASML Holding N.V. will post 36.69 EPS for the current fiscal year.

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.