Integrated Advisors Network LLC Cuts Stake in ASML Holding N.V. $ASML

Integrated Advisors Network LLC lessened its stake in shares of ASML Holding N.V. (NASDAQ:ASMLFree Report) by 38.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 523 shares of the semiconductor company’s stock after selling 322 shares during the period. Integrated Advisors Network LLC’s holdings in ASML were worth $691,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Cornerstone Financial Management LLC acquired a new position in shares of ASML during the fourth quarter valued at approximately $26,000. Binnacle Investments Inc boosted its stake in shares of 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 acquiring an additional 15 shares during the last quarter. Resources Management Corp CT ADV boosted its stake in shares of 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 acquiring an additional 23 shares during the last quarter. North Star Investment Management Corp. raised its stake in ASML by 68.8% in 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 during the last quarter. Finally, Jessup Wealth Management Inc acquired a new position in ASML in the 4th quarter valued at $30,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML News Summary

Here are the key news stories impacting ASML this week:

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research note on Tuesday, June 30th. DZ Bank reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, April 15th. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, July 1st. Morningstar lowered shares of ASML to a “sell” rating in a research report on Wednesday, May 27th. Finally, Sanford C. Bernstein upped their price objective on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research note on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,854.12.

Read Our Latest Research Report on ASML

ASML Stock Up 2.0%

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

ASML (NASDAQ:ASMLGet Free Report) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The firm had revenue of $10.15 billion for the quarter. As a group, equities analysts forecast that ASML Holding N.V. will post 36.62 EPS for the current year.

About ASML

(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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