ASML Holding N.V. $ASML Shares Sold by Advocacy Wealth Management LLC

Advocacy Wealth Management LLC lowered its holdings in ASML Holding N.V. (NASDAQ:ASML) by 15.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 16,496 shares of the semiconductor company’s stock after selling 2,958 shares during the quarter. Advocacy Wealth Management LLC’s holdings in ASML were worth $17,648,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. Capstone Wealth Management Group LLC increased its position in shares of ASML by 5.2% in the first quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock valued at $1,664,000 after buying an additional 124 shares in the last quarter. AQR Capital Management LLC increased its position in ASML by 141.1% during the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock worth $4,553,000 after purchasing an additional 4,021 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in ASML by 153.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock valued at $11,404,000 after purchasing an additional 10,411 shares during the last quarter. Sivia Capital Partners LLC raised its stake in ASML by 1.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock valued at $936,000 after purchasing an additional 15 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in ASML by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 11,383 shares of the semiconductor company’s stock valued at $9,122,000 after purchasing an additional 559 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Up 6.5%

ASML opened at $1,749.04 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The stock has a market capitalization of $687.86 billion, a price-to-earnings ratio of 62.73, a price-to-earnings-growth ratio of 1.31 and a beta of 1.82. The business has a 50-day moving average of $1,499.06 and a two-hundred day moving average of $1,348.74. ASML Holding N.V. has a 12 month low of $683.48 and a 12 month high of $1,779.29.

ASML (NASDAQ:ASML) last posted its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company 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%. On average, research analysts expect that ASML Holding N.V. will post 36.93 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on ASML. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a research note on Friday, May 8th. Weiss Ratings cut shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. UBS Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, May 20th. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research note on Monday, May 25th. Finally, Zacks Research raised shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 4th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,589.63.

More ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Elon Musk called ASML “the greatest company in Europe,” highlighting that his planned Terafab project would need large numbers of ASML’s advanced lithography tools. Why Elon Musk says ASML is the greatest company in Europe
• Positive Sentiment: ASML was highlighted as a top AI stock in billionaire Ken Fisher’s portfolio, which may support investor confidence in long-term demand for its EUV machines. ASML Holding N.V. (ASML) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio
• Positive Sentiment: ASML was included among stocks positioned to benefit from surging semiconductor sales and AI-driven chip demand, keeping the company in favor with growth investors. 5 Stocks to Boost Your Portfolio on Soaring Semiconductor Sales
• Neutral Sentiment: Several articles reiterated that ASML remains one of the most important names in semiconductors and a stock some investors consider attractive for the long term, but these pieces were largely opinion-based rather than new company-specific catalysts. Is ASML Stock an Undervalued Semiconductor Stock to Buy?
• Negative Sentiment: A report about a Chinese startup claiming its nanoimprint technology can mass-produce optical chips without ASML equipment raises a potential long-term competitive threat to ASML’s market position. Chinese start-up claims nanoimprint tech can mass-produce optical chips without ASML gear

About ASML

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.