ASML Holding N.V. $ASML Shares Sold by Carmel Capital Management L.L.C.

Carmel Capital Management L.L.C. lowered its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 1.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 13,963 shares of the semiconductor company’s stock after selling 255 shares during the period. ASML makes up about 5.3% of Carmel Capital Management L.L.C.’s investment portfolio, making the stock its 5th largest position. Carmel Capital Management L.L.C.’s holdings in ASML were worth $18,443,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Severin Investments LLC increased its position in ASML by 3.0% in the 1st quarter. Severin Investments LLC now owns 654 shares of the semiconductor company’s stock valued at $864,000 after acquiring an additional 19 shares during the period. Key Financial Inc lifted its position in ASML by 71.1% during the 1st quarter. Key Financial Inc now owns 65 shares of the semiconductor company’s stock worth $86,000 after acquiring an additional 27 shares during the period. Global Trust Asset Management LLC grew its stake in shares of ASML by 2.1% in the 1st quarter. Global Trust Asset Management LLC now owns 909 shares of the semiconductor company’s stock valued at $1,201,000 after purchasing an additional 19 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of ASML by 31.0% in the first quarter. Harbor Investment Advisory LLC now owns 1,179 shares of the semiconductor company’s stock valued at $1,557,000 after purchasing an additional 279 shares during the period. Finally, MQS Management LLC acquired a new position in shares of ASML in the first quarter valued at approximately $277,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analyst Ratings Changes

ASML has been the subject of several recent research reports. Sanford C. Bernstein reaffirmed a “buy” rating on shares of ASML in a report on Monday, June 15th. Wall Street Zen cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. Citigroup restated a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Wells Fargo & Company lifted their target price on shares of ASML from $1,750.00 to $2,200.00 and gave the company an “overweight” rating in a report on Monday, June 22nd. Finally, Freedom Capital raised ASML from a “hold” rating to a “strong-buy” rating in a report 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,772.62.

ASML Price Performance

ASML stock opened at $1,989.44 on Wednesday. The firm has a 50 day moving average of $1,648.51 and a 200-day moving average of $1,437.89. The company has a market cap of $782.41 billion, a price-to-earnings ratio of 71.36, a PEG ratio of 1.43 and a beta of 1.82. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,999.96.

ASML (NASDAQ:ASML) last posted its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. As a group, equities analysts expect that ASML Holding N.V. will post 36.69 EPS for the current fiscal 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.