Clare Market Investments LLC Invests $4.18 Million in ASML Holding N.V. $ASML

Clare Market Investments LLC bought a new stake in ASML Holding N.V. (NASDAQ:ASML) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,162 shares of the semiconductor company’s stock, valued at approximately $4,176,000. ASML accounts for about 0.9% of Clare Market Investments LLC’s investment portfolio, making the stock its 21st biggest holding.

Several other institutional investors also recently made changes to their positions in the stock. Sather Financial Group Inc acquired a new stake in ASML during the first quarter worth about $215,000. Signet Private Wealth LLC lifted its stake in shares of ASML by 8.9% in the 1st quarter. Signet Private Wealth LLC now owns 329 shares of the semiconductor company’s stock valued at $435,000 after purchasing an additional 27 shares in the last quarter. Sage Rhino Capital LLC grew its holdings in shares of ASML by 1.8% during the 1st quarter. Sage Rhino Capital LLC now owns 1,387 shares of the semiconductor company’s stock worth $1,832,000 after purchasing an additional 24 shares during the period. Busey Bank grew its holdings in shares of ASML by 4.5% during the 1st quarter. Busey Bank now owns 4,968 shares of the semiconductor company’s stock worth $6,562,000 after purchasing an additional 214 shares during the period. Finally, PUREfi Wealth LLC increased its position in ASML by 29.6% during the 1st quarter. PUREfi Wealth LLC now owns 710 shares of the semiconductor company’s stock worth $938,000 after purchasing an additional 162 shares in the last quarter. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on ASML. Sanford C. Bernstein raised their price target on shares of ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a report on Monday. Morgan Stanley restated an “overweight” rating on shares of ASML in a report on Wednesday, June 3rd. Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Wells Fargo & Company increased their price objective on shares of ASML from $1,750.00 to $2,200.00 and gave the company an “overweight” rating in a research report on Monday, June 22nd. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Four equities 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 stock. According to MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,854.12.

ASML Trading Down 4.2%

ASML opened at $1,748.49 on Tuesday. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,999.96. 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 $687.65 billion, a PE ratio of 62.54, a P/E/G ratio of 1.34 and a beta of 1.78. The firm’s fifty day moving average price is $1,668.56 and its 200 day moving average price is $1,452.61.

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

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.