ASML Holding (NASDAQ:ASML) Shares Sold by ARS Investment Partners LLC

ARS Investment Partners LLC reduced its stake in ASML Holding (NASDAQ:ASML) by 76.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 525 shares of the semiconductor company’s stock after selling 1,747 shares during the period. ARS Investment Partners LLC’s holdings in ASML were worth $364,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ASML. International Assets Investment Management LLC boosted its stake in ASML by 94,079.7% in the third quarter. International Assets Investment Management LLC now owns 491,618 shares of the semiconductor company’s stock valued at $4,096,410,000 after acquiring an additional 491,096 shares during the period. Van ECK Associates Corp boosted its stake in ASML by 37.0% in the third quarter. Van ECK Associates Corp now owns 1,757,049 shares of the semiconductor company’s stock valued at $1,464,061,000 after acquiring an additional 474,653 shares during the period. Tairen Capital Ltd boosted its stake in ASML by 321.2% in the second quarter. Tairen Capital Ltd now owns 202,946 shares of the semiconductor company’s stock valued at $207,559,000 after acquiring an additional 154,760 shares during the period. Mediolanum International Funds Ltd acquired a new position in ASML in the third quarter valued at approximately $125,952,000. Finally, Pathway Financial Advisers LLC boosted its stake in ASML by 97,001.7% in the third quarter. Pathway Financial Advisers LLC now owns 113,609 shares of the semiconductor company’s stock valued at $94,665,000 after acquiring an additional 113,492 shares during the period. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Susquehanna cut their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. BNP Paribas assumed coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Price Performance

NASDAQ ASML opened at $756.33 on Tuesday. The stock has a market capitalization of $297.56 billion, a P/E ratio of 39.60, a P/E/G 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’s fifty day moving average is $706.71 and its two-hundred day moving average is $795.37. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

About ASML

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.