ASML Holding N.V. $ASML Stock Sold by Inscription Capital LLC

Inscription Capital LLC trimmed its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 59.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 460 shares of the semiconductor company’s stock after selling 667 shares during the period. Inscription Capital LLC’s holdings in ASML were worth $833,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Quest 10 Wealth Builders Inc. acquired a new stake in ASML in the 3rd quarter valued at $27,000. TFB Advisors LLC raised its holdings in ASML by 3.9% during the third quarter. TFB Advisors LLC now owns 483 shares of the semiconductor company’s stock worth $875,000 after buying an additional 18 shares during the last quarter. Collaborative Fund Advisors LLC raised its holdings in ASML by 61.6% during the third quarter. Collaborative Fund Advisors LLC now owns 771 shares of the semiconductor company’s stock worth $1,397,000 after buying an additional 294 shares during the last quarter. Pathway Financial Advisers LLC acquired a new position in ASML during the third quarter worth $106,000. Finally, Bfsg LLC lifted its stake in shares of ASML by 0.7% in the third quarter. Bfsg LLC now owns 3,588 shares of the semiconductor company’s stock valued at $6,500,000 after buying an additional 25 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock traded up $68.10 during trading on Friday, reaching $1,424.75. 1,902,471 shares of the company’s stock traded hands, compared to its average volume of 1,583,467. The firm’s 50-day moving average is $1,677.25 and its 200 day moving average is $1,599.85. The company has a market capitalization of $549.13 billion, a P/E ratio of 35.08, a PEG ratio of 0.63 and a beta of 1.80. ASML Holding N.V. has a 1 year low of $946.11 and a 1 year high of $1,999.96. The company has a current ratio of 1.49, a quick ratio of 1.01 and a debt-to-equity ratio of 0.09.

ASML (NASDAQ:ASML) last issued its earnings results on Sunday, September 27th. The semiconductor company reported $14.71 earnings per share (EPS) for the quarter. The business had revenue of $13.27 billion for the quarter. ASML had a net margin of 34.10% and a return on equity of 64.24%. Equities research analysts expect that ASML Holding N.V. will post 46.54 EPS for the current year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Investors of record on Tuesday, October 27th were issued a dividend of $2.1077 per share. This is a negative change from ASML’s previous quarterly dividend of $2.1507. The ex-dividend date of this dividend was Tuesday, October 27th. This represents a $8.43 dividend on an annualized basis and a yield of 0.6%. ASML’s payout ratio is currently 17.55%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Barclays reaffirmed an “overweight” rating on shares of ASML in a research report on Thursday, July 16th. UBS Group reissued a “buy” rating on shares of ASML in a research report on Monday, September 28th. Cantor Fitzgerald restated an “overweight” rating on shares of ASML in a research note on Monday, September 14th. DZ Bank raised shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Finally, Wall Street Zen upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Saturday, October 17th. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $2,204.71.

About ASML

ASML Holding N.V. is a Netherlands-based technology company that develops and manufactures equipment used to produce semiconductor chips. Its systems are used by chipmakers to create the intricate patterns that form circuits on silicon wafers.

The company’s products include extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography systems, along with metrology and inspection equipment, computational lithography software, and related services. ASML also supports customers with system maintenance, upgrades, and technical assistance.

Founded in 1984 as a joint venture between Philips and ASM International, ASML is headquartered in Veldhoven, the Netherlands.