ASML Holding N.V. $ASML Shares Sold by American Trust

American Trust reduced its position in ASML Holding N.V. (NASDAQ:ASML) by 38.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 815 shares of the semiconductor company’s stock after selling 513 shares during the period. American Trust’s holdings in ASML were worth $1,076,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of ASML. Cornerstone Financial Management LLC acquired a new position in shares of ASML in the fourth quarter worth about $26,000. Binnacle Investments Inc increased its holdings in ASML by 78.9% during the 2nd 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 raised its position in shares of ASML by 1,150.0% in the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 23 shares in the last quarter. North Star Investment Management Corp. boosted its stake 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 buying an additional 11 shares during the last quarter. Finally, Jessup Wealth Management Inc acquired a new stake in shares of ASML during the fourth quarter worth approximately $30,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Bernstein raised its price target on ASML and kept an Outperform rating, reinforcing the view that the company remains a long-term winner in advanced chip equipment demand.
• Positive Sentiment: Multiple recent articles argue ASML’s specialized lithography machines make it an essential supplier to AI chip makers, and that pullbacks tied to sector volatility may create buying opportunities. Article Title
• Positive Sentiment: ASML has also been highlighted as a potential beneficiary of renewed strength in semiconductor stocks and AI-related chip demand ahead of earnings. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful increase in actual short positioning, so this does not appear to be a major bearish catalyst.
• Neutral Sentiment: One market note said ASML may beat earnings, but warned that a good report may not be enough to justify the stock’s valuation if guidance or broader chip demand disappoints. Article Title
• Negative Sentiment: Analysts and commentators continue to flag ASML’s lofty valuation, China export curbs, and rising competition as reasons to be cautious heading into results. Article Title
• Negative Sentiment: Recent semiconductor market swings and event-driven selling in Asian chip stocks have added volatility to the group, which can pressure ASML even when its long-term fundamentals remain strong.

Analyst Ratings Changes

A number of analysts recently issued reports on ASML shares. Morningstar lowered shares of ASML to a “sell” rating in a research note on Wednesday, May 27th. Berenberg Bank reissued a “buy” rating on shares of ASML in a research report on Friday, May 8th. Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Wells Fargo & Company boosted their price objective on ASML from $1,750.00 to $2,200.00 and gave the company an “overweight” rating in a report on Monday, June 22nd. Finally, Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Three analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,854.12.

ASML Stock Performance

Shares of NASDAQ:ASML traded down $6.93 during trading on Friday, hitting $1,797.32. 1,216,618 shares of the company traded hands, compared to its average volume of 1,960,671. The stock has a market capitalization of $706.85 billion, a price-to-earnings ratio of 64.47, a PEG ratio of 1.36 and a beta of 1.78. The business’s fifty day moving average is $1,705.68 and its 200-day moving average is $1,475.73. ASML Holding N.V. has a one year low of $683.48 and a one year high of $1,999.96. 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:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion for the quarter. As a group, equities analysts predict that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

ASML Company 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.