ASML Holding (NASDAQ:ASML) Shares Sold by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC lowered its stake in ASML Holding (NASDAQ:ASML) by 59.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,137 shares of the semiconductor company’s stock after selling 1,637 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in ASML were worth $753,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Edgewood Management LLC increased its stake in ASML by 43.1% during the fourth quarter. Edgewood Management LLC now owns 3,186,667 shares of the semiconductor company’s stock worth $2,208,615,000 after purchasing an additional 959,696 shares during the period. Van ECK Associates Corp boosted its holdings in shares of ASML by 1.8% in the fourth quarter. Van ECK Associates Corp now owns 1,788,280 shares of the semiconductor company’s stock valued at $1,239,421,000 after acquiring an additional 31,231 shares during the period. GAMMA Investing LLC boosted its holdings in shares of ASML by 70,115.5% in the first quarter. GAMMA Investing LLC now owns 1,400,800 shares of the semiconductor company’s stock valued at $9,282,120,000 after acquiring an additional 1,398,805 shares during the period. Clearbridge Investments LLC boosted its holdings in shares of ASML by 2.8% in the fourth quarter. Clearbridge Investments LLC now owns 1,252,849 shares of the semiconductor company’s stock valued at $868,324,000 after acquiring an additional 33,603 shares during the period. Finally, Neuberger Berman Group LLC lifted its holdings in shares of ASML by 1.4% during the fourth quarter. Neuberger Berman Group LLC now owns 962,578 shares of the semiconductor company’s stock worth $667,155,000 after purchasing an additional 13,115 shares during the period. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Wells Fargo & Company decreased their price target on ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Susquehanna dropped their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research report on Thursday, April 17th. Finally, Citigroup reiterated a “buy” rating on shares of ASML in a research report on Monday, May 19th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $906.00.

ASML Stock Down 1.9%

Shares of NASDAQ:ASML opened at $732.52 on Monday. The stock’s 50-day moving average price is $687.99 and its two-hundred day moving average price is $708.60. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. ASML Holding has a 12-month low of $578.51 and a 12-month high of $1,110.09. The firm has a market cap of $288.19 billion, a price-to-earnings ratio of 35.22, a PEG ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. On average, research analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.