Telemark Asset Management LLC Buys 6,000 Shares of ASML Holding N.V. $ASML

Telemark Asset Management LLC increased its holdings in ASML Holding N.V. (NASDAQ:ASML) by 150.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,000 shares of the semiconductor company’s stock after purchasing an additional 6,000 shares during the period. Telemark Asset Management LLC’s holdings in ASML were worth $10,699,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in ASML. Family Capital Management Inc. lifted its position in shares of ASML by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after purchasing an additional 7 shares in the last quarter. 44 Wealth Management LLC lifted its position in shares of ASML by 1.1% during the fourth quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after purchasing an additional 7 shares in the last quarter. Sky Investment Group LLC lifted its position in shares of ASML by 2.1% during the fourth quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock worth $411,000 after purchasing an additional 8 shares in the last quarter. White Lighthouse Investment Management Inc. lifted its position in shares of ASML by 2.2% during the fourth quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock worth $390,000 after purchasing an additional 8 shares in the last quarter. Finally, Main Management ETF Advisors LLC lifted its position in shares of ASML by 1.0% during the fourth quarter. Main Management ETF Advisors LLC now owns 783 shares of the semiconductor company’s stock worth $838,000 after purchasing an additional 8 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on ASML shares. UBS Group reiterated a “buy” rating on shares of ASML in a research report on Wednesday, May 20th. Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research report on Friday, May 8th. Barclays reiterated an “overweight” rating on shares of ASML in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research note on Thursday, April 16th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,589.63.

ASML Stock Down 6.6%

Shares of NASDAQ ASML opened at $1,641.74 on Friday. The stock has a market cap of $645.66 billion, a P/E ratio of 58.89, a P/E/G ratio of 1.35 and a beta of 1.82. The firm has a 50 day moving average price of $1,490.67 and a 200 day moving average price of $1,341.23. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,779.29.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The firm had revenue of $10.15 billion during the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. Analysts expect that ASML Holding N.V. will post 36.93 EPS for the current year.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.