Axxcess Wealth Management LLC boosted its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 381.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 16,820 shares of the semiconductor company’s stock after purchasing an additional 13,329 shares during the period. Axxcess Wealth Management LLC’s holdings in ASML were worth $17,991,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. increased 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 period. Kohmann Bosshard Financial Services LLC acquired a new position in ASML during the 4th quarter worth approximately $32,000. Binnacle Investments Inc increased 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 period. Wealth Watch Advisors INC acquired a new position in ASML during the 3rd quarter worth approximately $34,000. Finally, JPL Wealth Management LLC acquired a new position in ASML during the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
ASML Stock Performance
ASML opened at $1,632.90 on Friday. The stock has a market cap of $642.19 billion, a P/E ratio of 58.57, a P/E/G ratio of 1.31 and a beta of 1.81. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The stock’s 50 day simple moving average is $1,433.13 and its 200 day simple moving average is $1,297.67. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,653.53.
Analyst Ratings Changes
Several research firms have issued reports on ASML. Weiss Ratings upgraded ASML from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Wednesday, April 8th. The Goldman Sachs Group reiterated a “buy” rating on shares of ASML in a research report on Wednesday, May 13th. UBS Group restated a “buy” rating on shares of ASML in a report on Wednesday. Finally, Wall Street Zen cut ASML from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,504.38.
View Our Latest Report on ASML
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.
Featured Articles
- Five stocks we like better than ASML
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Want to see what other hedge funds are holding ASML? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ASML Holding N.V. (NASDAQ:ASML – Free Report).
Receive News & Ratings for ASML Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASML and related companies with MarketBeat.com's FREE daily email newsletter.
