Main Street Research LLC Sells 316 Shares of ASML Holding N.V. $ASML

Main Street Research LLC reduced its stake in ASML Holding N.V. (NASDAQ:ASML) by 0.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 40,118 shares of the semiconductor company’s stock after selling 316 shares during the quarter. ASML makes up about 2.4% of Main Street Research LLC’s portfolio, making the stock its 18th largest holding. Main Street Research LLC’s holdings in ASML were worth $42,921,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ASML. Binnacle Investments Inc lifted its position in ASML by 78.9% in the 2nd quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 15 shares in the last quarter. North Star Investment Management Corp. lifted its position in ASML by 68.8% in 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. Kohmann Bosshard Financial Services LLC bought a new position in ASML in the 4th quarter valued at approximately $32,000. JPL Wealth Management LLC bought a new position in ASML in the 3rd quarter valued at approximately $34,000. Finally, Wealth Watch Advisors INC bought a new position in ASML in the 3rd quarter valued at approximately $34,000. 26.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a research report on Thursday, April 23rd. Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 16th. Zacks Research cut ASML from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Jefferies Financial Group reaffirmed a “neutral” rating on shares of ASML in a research report on Wednesday, April 8th. Finally, UBS Group reaffirmed a “buy” rating on shares of ASML in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,504.38.

ASML Price Performance

Shares of ASML opened at $1,632.90 on Monday. The firm has a market cap of $642.19 billion, a PE ratio of 58.57, a P/E/G ratio of 1.34 and a beta of 1.81. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $1,433.13 and a two-hundred day simple moving average of $1,299.30. ASML Holding N.V. has a 1-year low of $683.48 and a 1-year high of $1,653.53.

ASML (NASDAQ:ASML) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The business had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, equities analysts anticipate that ASML Holding N.V. will post 37.1 EPS for the current year.

ASML Company 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.