Silver Oak Securities Incorporated Takes $387,000 Position in ASML Holding N.V. $ASML

Silver Oak Securities Incorporated bought a new stake in shares of ASML Holding N.V. (NASDAQ:ASML) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 293 shares of the semiconductor company’s stock, valued at approximately $387,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC purchased a new position in ASML in the fourth quarter valued at about $26,000. Resources Management Corp CT ADV boosted its position in shares of ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock worth $27,000 after buying an additional 23 shares during the period. North Star Investment Management Corp. grew its stake in shares of ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares in the last quarter. Jessup Wealth Management Inc acquired a new stake in shares of ASML in the fourth quarter valued at about $30,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of ASML during the 4th quarter valued at about $32,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on ASML. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Berenberg Bank reiterated a “buy” rating on shares of ASML in a research note on Friday, May 8th. Susquehanna reissued a “positive” rating on shares of ASML in a research report on Thursday, April 9th. JPMorgan Chase & Co. upped their target price on shares of ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday, June 11th. Four investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,772.62.

ASML Stock Performance

ASML opened at $1,794.62 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $1,628.47 and its 200-day moving average is $1,424.18. The stock has a market cap of $705.79 billion, a PE ratio of 64.37, a price-to-earnings-growth ratio of 1.36 and a beta of 1.82. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,959.04.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share for the quarter. The business had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, analysts predict that ASML Holding N.V. will post 36.69 earnings per share for the current year.

ASML Profile

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.