Mason & Associates Inc Purchases New Position in ASML Holding (NASDAQ:ASML)

Mason & Associates Inc bought a new stake in ASML Holding (NASDAQ:ASMLFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,395 shares of the semiconductor company’s stock, valued at approximately $967,000.

Several other institutional investors also recently bought and sold shares of the company. Resources Management Corp CT ADV purchased a new stake in shares of ASML during the second quarter worth $26,000. Fairway Wealth LLC acquired a new stake in shares of ASML during the 3rd quarter worth approximately $25,000. Milestone Investment Advisors LLC purchased a new stake in ASML in the third quarter valued at $28,000. Fortitude Family Office LLC raised its holdings in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 15 shares during the period. Finally, Brooklyn Investment Group purchased a new position in shares of ASML during the 3rd quarter worth approximately $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Stock Performance

NASDAQ ASML opened at $726.30 on Thursday. The company has a market capitalization of $285.74 billion, a P/E ratio of 38.03, a PEG ratio of 2.30 and a beta of 1.47. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The business has a 50 day moving average price of $702.22 and a 200 day moving average price of $801.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84.

ASML (NASDAQ:ASMLGet Free Report) last issued its quarterly earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, topping analysts’ consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. Sell-side analysts expect that ASML Holding will post 20.57 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ASML. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. BNP Paribas initiated coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Morgan Stanley lowered shares of ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Susquehanna decreased their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Finally, Wells Fargo & Company raised their price target on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, ASML has an average rating of “Moderate Buy” and an average price target of $955.50.

Check Out Our Latest Stock Analysis on ASML

ASML Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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