Legacy Capital Group California Inc. Sells 306 Shares of ASML Holding N.V. $ASML

Legacy Capital Group California Inc. lessened its position in shares of ASML Holding N.V. (NASDAQ:ASML) by 42.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 410 shares of the semiconductor company’s stock after selling 306 shares during the period. Legacy Capital Group California Inc.’s holdings in ASML were worth $542,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in ASML. Cornerstone Financial Management LLC bought a new position in shares of ASML in the fourth quarter valued at approximately $26,000. Portus Wealth Advisors LLC purchased a new stake in ASML in the 1st quarter valued at $32,000. Resources Management Corp CT ADV lifted its stake in ASML by 1,150.0% during the 4th quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 23 shares in the last quarter. North Star Investment Management Corp. lifted its stake in ASML by 68.8% during the 4th quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc purchased a new position in ASML during the 4th quarter worth $30,000. 26.07% of the stock is owned by institutional investors.

Trending Headlines about ASML

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Analysts and market watchers say ASML’s upcoming results could be “tone-setting” for the chip sector, with strong AI infrastructure spending and continued demand for semiconductor equipment supporting optimism. Why these two earnings reports could be “tone-setting” for the chip sector
• Positive Sentiment: RBC said ASML should benefit from continued momentum in EUV lithography demand, reinforcing expectations for solid near-term fundamentals. ASML Poised to Benefit From Strong EUV Momentum, RBC Says
• Positive Sentiment: Pre-earnings previews suggest ASML may report roughly 15% year-over-year EPS growth and potentially raise guidance again, which would support the stock’s recent rally. ASML Expected to Raise Guidance Again on Strong Semiconductor Demand — Earnings Preview
• Neutral Sentiment: ASML’s earnings report is being treated as a key read on the health of the AI chip supply chain, making the stock likely to react sharply to the company’s commentary on demand and outlook. Chip toolmaker ASML expected to shine light on capacity and China challenges
• Negative Sentiment: New U.S. export-control discussions could tighten restrictions on chipmaking equipment sales to China, posing a risk to ASML’s China business, especially for DUV tools. ASML (ENXTAM:ASML) Faces Fresh China Risk From New U.S. Export Controls
• Negative Sentiment: China’s prototype EUV lithography machine highlights a longer-term competitive threat, though it is still early-stage and unlikely to change fundamentals immediately. China rolls out 1st prototype EUV lithography machine challenging ASML

ASML Trading Up 2.9%

Shares of ASML opened at $1,775.64 on Wednesday. The firm’s 50 day simple moving average is $1,718.08 and its 200 day simple moving average is $1,488.36. The company has a market capitalization of $698.32 billion, a P/E ratio of 63.69, a P/E/G ratio of 1.31 and a beta of 1.78. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,999.96.

ASML (NASDAQ:ASML) last issued its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The firm had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Sell-side analysts forecast that ASML Holding N.V. will post 36.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ASML has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of ASML in a research note on Friday. Bank of America upped their price objective on shares of ASML from $2,268.00 to $2,345.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research note on Monday, June 1st. Citigroup reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Finally, Sanford C. Bernstein increased their price target on ASML from $1,971.00 to $2,623.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,891.62.

ASML Profile

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.