Karras Company Inc. Takes $2.78 Million Position in ASML Holding N.V. $ASML

Karras Company Inc. purchased a new stake in ASML Holding N.V. (NASDAQ:ASML) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 2,602 shares of the semiconductor company’s stock, valued at approximately $2,784,000. ASML comprises about 2.7% of Karras Company Inc.’s portfolio, making the stock its 10th biggest position.

A number of other large investors also recently modified their holdings of the company. Binnacle Investments Inc raised its position 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. North Star Investment Management Corp. raised its position in ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 11 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in ASML during the 4th quarter worth $32,000. JPL Wealth Management LLC bought a new position in ASML during the 3rd quarter worth $34,000. Finally, Wealth Watch Advisors INC bought a new position in ASML during the 3rd quarter worth $34,000. 26.07% of the stock is currently owned by institutional investors.

ASML Stock Performance

ASML stock opened at $1,632.90 on Friday. The stock has a 50-day moving average price of $1,433.13 and a 200-day moving average price of $1,297.67. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,653.53. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The firm has a market cap of $642.19 billion, a PE ratio of 58.57, a price-to-earnings-growth ratio of 1.31 and a beta of 1.81.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The firm had revenue of $10.15 billion during the quarter. As a group, equities research analysts expect that ASML Holding N.V. will post 37.1 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on ASML shares. Wall Street Zen lowered ASML from a “buy” rating to a “hold” rating in a research report on Sunday, May 3rd. Royal Bank Of Canada raised their target price on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, ASML presently has an average rating of “Moderate Buy” and an average price target of $1,504.38.

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.