ASML Holding N.V. $ASML Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its holdings in ASML Holding N.V. (NASDAQ:ASML) by 31.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,070 shares of the semiconductor company’s stock after purchasing an additional 969 shares during the period. Axxcess Wealth Management LLC’s holdings in ASML were worth $3,261,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Putney Financial Group LLC grew its holdings in ASML by 322.2% during the 1st quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 29 shares in the last quarter. Maseco LLP acquired a new position in ASML during the 2nd quarter worth approximately $32,000. Banque Cantonale Vaudoise acquired a new position in ASML during the 1st quarter worth approximately $27,000. Costello Asset Management INC grew its holdings in ASML by 147.1% during the 2nd quarter. Costello Asset Management INC now owns 42 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 25 shares in the last quarter. Finally, PARK CIRCLE Co grew its holdings in ASML by 80.0% during the 2nd quarter. PARK CIRCLE Co now owns 45 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

ASML has been the subject of several analyst reports. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday. Hsbc Global Res upgraded shares of ASML to a “strong-buy” rating in a research report on Monday, October 6th. Sanford C. Bernstein restated a “market perform” rating and set a $935.00 price objective on shares of ASML in a research report on Thursday, October 9th. UBS Group restated a “buy” rating on shares of ASML in a research report on Wednesday, October 1st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of ASML from $957.00 to $1,175.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,001.60.

ASML Stock Down 0.2%

Shares of NASDAQ:ASML opened at $983.18 on Wednesday. The firm has a 50 day simple moving average of $845.63 and a 200-day simple moving average of $766.66. ASML Holding N.V. has a twelve month low of $578.51 and a twelve month high of $1,059.00. The company has a market capitalization of $386.67 billion, a PE ratio of 41.03, a P/E/G ratio of 1.66 and a beta of 1.87. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Wednesday, July 16th. The semiconductor company reported $4.55 EPS for the quarter, missing the consensus estimate of $5.94 by ($1.39). ASML had a net margin of 26.95% and a return on equity of 49.47%. The business had revenue of $8.94 billion during the quarter, compared to analysts’ expectations of $8.72 billion. During the same quarter last year, the company earned $4.01 EPS. The firm’s revenue for the quarter was up 23.2% compared to the same quarter last year. On average, equities analysts predict that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

ASML 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.