Penserra Capital Management LLC lifted its stake in shares of ASML Holding (NASDAQ:ASML – Free Report) by 29.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,554 shares of the semiconductor company’s stock after buying an additional 801 shares during the quarter. Penserra Capital Management LLC’s holdings in ASML were worth $2,418,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Benjamin Edwards Inc. boosted its holdings in ASML by 7.6% in the fourth quarter. Benjamin Edwards Inc. now owns 212 shares of the semiconductor company’s stock valued at $116,000 after purchasing an additional 15 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in ASML by 0.4% in the fourth quarter. Apollon Wealth Management LLC now owns 3,634 shares of the semiconductor company’s stock valued at $1,986,000 after purchasing an additional 15 shares in the last quarter. TFB Advisors LLC boosted its holdings in ASML by 2.6% in the first quarter. TFB Advisors LLC now owns 627 shares of the semiconductor company’s stock valued at $427,000 after purchasing an additional 16 shares in the last quarter. Capstone Wealth Management Group LLC boosted its holdings in ASML by 2.4% in the first quarter. Capstone Wealth Management Group LLC now owns 714 shares of the semiconductor company’s stock valued at $486,000 after purchasing an additional 17 shares in the last quarter. Finally, Byrne Asset Management LLC boosted its holdings in ASML by 2.7% in the first quarter. Byrne Asset Management LLC now owns 696 shares of the semiconductor company’s stock valued at $474,000 after purchasing an additional 18 shares in the last quarter. 19.32% of the stock is owned by institutional investors and hedge funds.
ASML Price Performance
Shares of NASDAQ ASML opened at $696.74 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.24 and a quick ratio of 0.81. The stock has a fifty day moving average price of $698.71 and a 200 day moving average price of $656.80. ASML Holding has a 1-year low of $363.15 and a 1-year high of $747.13. The company has a market cap of $274.93 billion, a PE ratio of 38.49, a P/E/G ratio of 1.17 and a beta of 1.44.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on ASML. StockNews.com began coverage on ASML in a report on Thursday, May 18th. They issued a “buy” rating for the company. New Street Research downgraded ASML from a “buy” rating to a “neutral” rating in a report on Friday, June 16th. Finally, Stifel Nicolaus downgraded ASML from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $694.27.
ASML Profile
ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection systems for memory and logic chipmakers. The company 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.
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