Laird Norton Wetherby Wealth Management LLC Sells 848 Shares of ASML Holding (NASDAQ:ASML)

Laird Norton Wetherby Wealth Management LLC lowered its holdings in ASML Holding (NASDAQ:ASML) by 7.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,058 shares of the semiconductor company’s stock after selling 848 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in ASML were worth $6,971,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ASML. Graypoint LLC grew its position in ASML by 21.2% in the fourth quarter. Graypoint LLC now owns 394 shares of the semiconductor company’s stock valued at $273,000 after purchasing an additional 69 shares in the last quarter. Paragon Advisors LLC grew its position in ASML by 36.7% in the fourth quarter. Paragon Advisors LLC now owns 9,524 shares of the semiconductor company’s stock valued at $6,601,000 after purchasing an additional 2,557 shares in the last quarter. Aprio Wealth Management LLC grew its position in ASML by 7.5% in the fourth quarter. Aprio Wealth Management LLC now owns 713 shares of the semiconductor company’s stock valued at $494,000 after purchasing an additional 50 shares in the last quarter. Threadgill Financial LLC bought a new position in ASML in the fourth quarter valued at $265,000. Finally, Capital Investment Advisors LLC lifted its stake in ASML by 306.1% in the fourth quarter. Capital Investment Advisors LLC now owns 1,661 shares of the semiconductor company’s stock valued at $1,151,000 after acquiring an additional 1,252 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Stock Performance

NASDAQ ASML opened at $706.21 on Monday. The firm has a 50-day moving average of $679.19 and a 200-day moving average of $701.72. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.99 and a current ratio of 1.53. The stock has a market cap of $277.84 billion, a PE ratio of 33.95, a P/E/G ratio of 1.62 and a beta of 1.75. ASML Holding has a 52-week low of $578.51 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.12 by $0.19. The company had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $7.90 billion. ASML had a net margin of 26.78% and a return on equity of 47.73%. On average, sell-side analysts anticipate that ASML Holding will post 25.17 EPS for the current year.

Analysts Set New Price Targets

ASML has been the subject of a number of recent analyst reports. Susquehanna cut their price target on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating for the company in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their price target on shares of ASML from $1,148.00 to $1,100.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company cut their price target on shares of ASML from $860.00 to $840.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $906.00.

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.