Vident Advisory LLC Sells 498 Shares of ASML Holding (NASDAQ:ASML)

Vident Advisory LLC reduced its stake in shares of ASML Holding (NASDAQ:ASML) by 11.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,001 shares of the semiconductor company’s stock after selling 498 shares during the period. Vident Advisory LLC’s holdings in ASML were worth $2,774,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kennebec Savings Bank increased its holdings in ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares in the last quarter. Wellington Shields & Co. LLC increased its holdings in ASML by 740.0% during the 4th quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in ASML during the 4th quarter worth approximately $31,000. Albion Financial Group UT increased its holdings in ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares in the last quarter. Finally, Roxbury Financial LLC purchased a new position in shares of ASML in the 4th quarter worth approximately $39,000. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on ASML shares. Wells Fargo & Company cut their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Susquehanna cut their target price on ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. DZ Bank upgraded ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, JPMorgan Chase & Co. cut their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $906.00.

ASML Price Performance

ASML stock opened at $737.17 on Thursday. ASML Holding has a 12 month low of $578.51 and a 12 month high of $1,110.09. The company has a current ratio of 1.53, a quick ratio of 0.99 and a debt-to-equity ratio of 0.20. The business’s 50 day simple moving average is $686.24 and its 200 day simple moving average is $704.86. The company has a market cap of $290.02 billion, a price-to-earnings ratio of 35.44, a PEG ratio of 1.62 and a beta of 1.75.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 47.73% and a net margin of 26.78%. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $7.90 billion. Sell-side analysts forecast that ASML Holding will post 25.17 EPS for the current year.

ASML Company 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.