ASML Holding (NASDAQ:ASML) Shares Sold by First Republic Investment Management Inc.

First Republic Investment Management Inc. trimmed its holdings in shares of ASML Holding (NASDAQ:ASML – Get Rating) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,009 shares of the semiconductor company’s stock after selling 1,346 shares during the period. First Republic Investment Management Inc.’s holdings in ASML were worth $15,787,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of ASML by 4.5% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 1,494 shares of the semiconductor company’s stock worth $711,000 after purchasing an additional 64 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in ASML by 118.1% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,440 shares of the semiconductor company’s stock worth $1,174,000 after purchasing an additional 1,321 shares during the period. Great Valley Advisor Group Inc. boosted its holdings in shares of ASML by 308.4% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 1,258 shares of the semiconductor company’s stock valued at $599,000 after purchasing an additional 950 shares during the last quarter. First Hawaiian Bank grew its stake in shares of ASML by 63.5% during the 2nd quarter. First Hawaiian Bank now owns 5,278 shares of the semiconductor company’s stock valued at $2,512,000 after buying an additional 2,050 shares during the period. Finally, Belpointe Asset Management LLC grew its stake in ASML by 19.7% during the second quarter. Belpointe Asset Management LLC now owns 1,229 shares of the semiconductor company’s stock worth $586,000 after buying an additional 202 shares during the period. Hedge funds and other institutional investors own 18.61% of the company’s stock.

ASML Price Performance

NASDAQ:ASML opened at $670.01 on Wednesday. The stock’s 50-day simple moving average is $598.20 and its 200 day simple moving average is $528.92. ASML Holding has a 52-week low of $363.15 and a 52-week high of $714.62. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.82 and a current ratio of 1.26. The company has a market cap of $269.75 billion, a P/E ratio of 40.14, a P/E/G ratio of 1.32 and a beta of 1.44.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Societe Generale boosted their price target on ASML from €520.00 ($565.22) to €680.00 ($739.13) in a research note on Tuesday, November 22nd. Berenberg Bank lowered their price objective on ASML from €815.00 ($885.87) to €615.00 ($668.48) and set a “buy” rating for the company in a research note on Friday, October 14th. Wells Fargo & Company raised their target price on ASML from $510.00 to $665.00 and gave the company an “overweight” rating in a research note on Monday, November 14th. Sanford C. Bernstein initiated coverage on shares of ASML in a research report on Wednesday, January 18th. They set an “outperform” rating for the company. Finally, New Street Research raised shares of ASML from a “neutral” rating to a “buy” rating in a research note on Friday, October 21st. Four investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, ASML currently has a consensus rating of “Moderate Buy” and an average target price of $696.46.

ASML Company Profile

(Get Rating)

ASML Holding NV engages in the development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems. It includes lithography, metrology and inspection systems. It operates through the following geographical segments: Japan, South Korea, Singapore, Taiwan, Chine, Rest of Asia, Netherlands, Europe, the Middle East and Africa (EMEA), and United States.