BigSur Wealth Management LLC Has $226,000 Position in ASML Holding (NASDAQ:ASML)

BigSur Wealth Management LLC raised its stake in ASML Holding (NASDAQ:ASML) by 10.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 341 shares of the semiconductor company’s stock after purchasing an additional 32 shares during the period. BigSur Wealth Management LLC’s holdings in ASML were worth $226,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sunpointe LLC boosted its position in shares of ASML by 1.3% in the fourth quarter. Sunpointe LLC now owns 1,114 shares of the semiconductor company’s stock valued at $772,000 after acquiring an additional 14 shares during the period. Wealth Quarterback LLC boosted its position in shares of ASML by 1.1% in the fourth quarter. Wealth Quarterback LLC now owns 1,331 shares of the semiconductor company’s stock valued at $923,000 after acquiring an additional 15 shares during the period. Sfmg LLC boosted its position in shares of ASML by 3.0% in the fourth quarter. Sfmg LLC now owns 511 shares of the semiconductor company’s stock valued at $354,000 after acquiring an additional 15 shares during the period. Norinchukin Bank The boosted its position in shares of ASML by 1.8% in the fourth quarter. Norinchukin Bank The now owns 857 shares of the semiconductor company’s stock valued at $594,000 after acquiring an additional 15 shares during the period. Finally, Coppell Advisory Solutions LLC boosted its position in shares of ASML by 18.5% in the fourth quarter. Coppell Advisory Solutions LLC now owns 96 shares of the semiconductor company’s stock valued at $67,000 after acquiring an additional 15 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Trading Down 3.2%

ASML opened at $761.00 on Friday. ASML Holding has a twelve month low of $578.51 and a twelve month high of $1,110.09. The company has a 50-day simple moving average of $710.27 and a 200 day simple moving average of $714.56. The company has a quick ratio of 0.99, a current ratio of 1.53 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $299.39 billion, a price-to-earnings ratio of 36.59, a P/E/G ratio of 1.62 and a beta of 1.74.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping the consensus estimate of $6.12 by $0.19. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. ASML had a return on equity of 47.73% and a net margin of 26.78%. Analysts predict that ASML Holding will post 25.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ASML has been the subject of a number of recent research reports. Susquehanna reduced their target price on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research report on Thursday, April 17th. Barclays reissued an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Citigroup reissued a “buy” rating on shares of ASML in a research report on Monday, May 19th. Finally, Wells Fargo & Company cut their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $906.00.

About ASML

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.