Figure 8 Investment Strategies LLC Has $1.23 Million Stake in ASML Holding N.V. (NASDAQ:ASML)

Figure 8 Investment Strategies LLC raised its position in ASML Holding N.V. (NASDAQ:ASML) by 4.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 1,862 shares of the semiconductor company’s stock after purchasing an additional 75 shares during the period. Figure 8 Investment Strategies LLC’s holdings in ASML were worth $1,234,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Putney Financial Group LLC grew its holdings in shares of ASML by 322.2% during the first quarter. Putney Financial Group LLC now owns 38 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 29 shares during the last quarter. Wellington Shields & Co. LLC grew its holdings in shares of ASML by 740.0% in the fourth quarter. Wellington Shields & Co. LLC now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 37 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in shares of ASML in the fourth quarter valued at approximately $31,000. Tradewinds Capital Management LLC increased its position in shares of ASML by 96.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 59 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 29 shares during the last quarter. Finally, Investment Management Corp VA ADV bought a new stake in ASML during the fourth quarter worth $46,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ASML. Barclays reissued an “equal weight” rating on shares of ASML in a research report on Tuesday, June 3rd. Sanford C. Bernstein assumed coverage on ASML in a report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 price objective for the company. Citigroup reissued a “buy” rating on shares of ASML in a research report on Monday, May 19th. Wells Fargo & Company lowered their target price on ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Finally, Susquehanna cut their price target on ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $913.80.

ASML Stock Down 0.7%

Shares of NASDAQ:ASML opened at $756.53 on Monday. The stock has a market capitalization of $297.63 billion, a P/E ratio of 31.88, a price-to-earnings-growth ratio of 1.47 and a beta of 1.74. The stock’s 50-day moving average price is $720.80 and its 200-day moving average price is $717.04. The company has a current ratio of 1.52, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,110.09.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share for the quarter, beating the consensus estimate of $6.12 by $0.19. ASML had a return on equity of 51.82% and a net margin of 28.32%. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $7.90 billion. On average, equities analysts anticipate that ASML Holding N.V. will post 25.17 earnings per share for the current year.

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.