ASML Holding (NASDAQ:ASML) Position Lifted by GAMMA Investing LLC

GAMMA Investing LLC raised its stake in ASML Holding (NASDAQ:ASML) by 70,115.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,400,800 shares of the semiconductor company’s stock after buying an additional 1,398,805 shares during the period. ASML comprises 1.7% of GAMMA Investing LLC’s holdings, making the stock its 10th biggest holding. GAMMA Investing LLC’s holdings in ASML were worth $9,282,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Webster Bank N. A. lifted its holdings in shares of ASML by 10.1% in the 1st quarter. Webster Bank N. A. now owns 370 shares of the semiconductor company’s stock worth $245,000 after buying an additional 34 shares during the period. General Partner Inc. increased its stake in shares of ASML by 138.9% during the first quarter. General Partner Inc. now owns 258 shares of the semiconductor company’s stock valued at $171,000 after buying an additional 150 shares during the period. Capital Market Strategies LLC increased its stake in shares of ASML by 32.2% during the first quarter. Capital Market Strategies LLC now owns 1,519 shares of the semiconductor company’s stock valued at $1,007,000 after buying an additional 370 shares during the period. Central Pacific Bank Trust Division raised its holdings in shares of ASML by 74.6% in the first quarter. Central Pacific Bank Trust Division now owns 2,958 shares of the semiconductor company’s stock valued at $1,960,000 after acquiring an additional 1,264 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in ASML by 1,045.9% in the first quarter. Versant Capital Management Inc now owns 1,249 shares of the semiconductor company’s stock worth $828,000 after acquiring an additional 1,140 shares during the period. 26.07% of the stock is owned by hedge funds and other institutional investors.

ASML Stock Up 0.1%

NASDAQ:ASML opened at $747.07 on Friday. The company’s 50-day simple moving average is $687.87 and its 200-day simple moving average is $707.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. ASML Holding has a fifty-two week low of $578.51 and a fifty-two week high of $1,110.09. The stock has a market capitalization of $293.91 billion, a P/E ratio of 35.92, a P/E/G ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML) last announced its earnings results 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. ASML had a net margin of 26.78% and a return on equity of 47.73%. The company had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. On average, equities analysts anticipate that ASML Holding will post 25.17 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ASML has been the topic of several recent research reports. Wells Fargo & Company dropped their target price on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their price objective on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a report on Thursday, January 30th. Finally, Citigroup reaffirmed a “buy” rating on shares of ASML in a research report on Monday, May 19th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $906.00.

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.