ASML Holding N.V. $ASML Shares Sold by Seaview Investment Managers LLC

Seaview Investment Managers LLC trimmed its holdings in shares of ASML Holding N.V. (NASDAQ:ASML) by 21.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,412 shares of the semiconductor company’s stock after selling 2,277 shares during the period. ASML accounts for approximately 3.4% of Seaview Investment Managers LLC’s holdings, making the stock its 8th largest holding. Seaview Investment Managers LLC’s holdings in ASML were worth $9,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the business. Family Capital Management Inc. raised its stake in shares of ASML by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 919 shares of the semiconductor company’s stock worth $983,000 after buying an additional 7 shares during the period. 44 Wealth Management LLC raised its stake in shares of ASML by 1.1% during the 4th quarter. 44 Wealth Management LLC now owns 657 shares of the semiconductor company’s stock worth $703,000 after buying an additional 7 shares during the period. Sky Investment Group LLC raised its stake in shares of ASML by 2.1% during the 4th quarter. Sky Investment Group LLC now owns 384 shares of the semiconductor company’s stock worth $411,000 after buying an additional 8 shares during the period. White Lighthouse Investment Management Inc. raised its stake in shares of ASML by 2.2% during the 4th quarter. White Lighthouse Investment Management Inc. now owns 365 shares of the semiconductor company’s stock worth $390,000 after buying an additional 8 shares during the period. Finally, BOS Asset Management LLC raised its stake in shares of ASML by 2.4% during the 4th quarter. BOS Asset Management LLC now owns 377 shares of the semiconductor company’s stock worth $403,000 after buying an additional 9 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. TD Cowen reissued a “buy” rating on shares of ASML in a research note on Wednesday, January 28th. UBS Group reissued a “buy” rating on shares of ASML in a research note on Wednesday, May 20th. Royal Bank Of Canada increased their price objective on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Finally, Wall Street Zen downgraded ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,504.38.

ASML Price Performance

Shares of ASML opened at $1,632.90 on Tuesday. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,653.53. The company has a market capitalization of $642.19 billion, a PE ratio of 58.57, a price-to-earnings-growth ratio of 1.34 and a beta of 1.81. The stock has a fifty day simple moving average of $1,438.76 and a two-hundred day simple moving average of $1,303.54. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last issued its earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The business had revenue of $10.15 billion during the quarter. As a group, equities analysts forecast that ASML Holding N.V. will post 37.1 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.