Atria Wealth Solutions Inc. Sells 2,003 Shares of ASML Holding N.V. $ASML

Atria Wealth Solutions Inc. cut its position in ASML Holding N.V. (NASDAQ:ASML) by 41.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,798 shares of the semiconductor company’s stock after selling 2,003 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in ASML were worth $2,239,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Putney Financial Group LLC raised its holdings in ASML by 322.2% in the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 29 shares in the last quarter. Maseco LLP acquired a new position in shares of ASML during the second quarter valued at about $32,000. Banque Cantonale Vaudoise acquired a new position in shares of ASML during the first quarter valued at about $27,000. Costello Asset Management INC increased its holdings in shares of ASML by 147.1% during the second quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 25 shares in the last quarter. Finally, PARK CIRCLE Co increased its holdings in shares of ASML by 80.0% during the second quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 20 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ASML shares. Morningstar downgraded shares of ASML to a “hold” rating in a report on Thursday, September 18th. Bank Degroof downgraded shares of ASML to a “hold” rating in a report on Friday, October 10th. Arete Research upgraded shares of ASML to a “strong-buy” rating in a report on Friday, September 12th. Erste Group Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Monday, September 22nd. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,001.60.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,009.81 on Thursday. The stock has a market capitalization of $397.14 billion, a price-to-earnings ratio of 42.15, a PEG ratio of 1.66 and a beta of 1.87. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,059.00. The firm’s 50 day simple moving average is $852.01 and its 200-day simple moving average is $768.34. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.43 and a quick ratio of 0.81.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing analysts’ consensus estimates of $5.94 by ($1.39). The firm had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.ASML’s revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period in the previous year, the business earned $4.01 EPS. Analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

ASML Company 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.