ASML Holding (NASDAQ:ASML) Shares Bought by Royal Fund Management LLC

Royal Fund Management LLC lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 120.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,794 shares of the semiconductor company’s stock after buying an additional 1,525 shares during the period. Royal Fund Management LLC’s holdings in ASML were worth $1,937,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new position in ASML during the 3rd quarter worth $25,000. Resources Management Corp CT ADV bought a new stake in shares of ASML during the second quarter valued at about $26,000. Milestone Investment Advisors LLC acquired a new stake in ASML in the third quarter worth about $28,000. Fortitude Family Office LLC grew its position 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 in the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in ASML during the 4th quarter valued at about $42,000. 26.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on ASML shares. Wells Fargo & Company upped their price target on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. Sanford C. Bernstein cut their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research report on Friday, November 29th. BNP Paribas began coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Susquehanna cut 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, JPMorgan Chase & Co. decreased their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Three 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Trading Up 0.8 %

Shares of NASDAQ ASML opened at $756.33 on Tuesday. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a market cap of $297.56 billion, a price-to-earnings ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47. The business has a fifty day simple moving average of $706.71 and a 200-day simple moving average of $795.37.

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.