652 Shares in ASML Holding (NASDAQ:ASML) Bought by Gradient Investments LLC

Gradient Investments LLC purchased a new position in ASML Holding (NASDAQ:ASML) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 652 shares of the semiconductor company’s stock, valued at approximately $452,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Benin Management CORP acquired a new position in ASML during the 4th quarter worth approximately $1,732,000. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of ASML by 95.6% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 880 shares of the semiconductor company’s stock worth $610,000 after purchasing an additional 430 shares in the last quarter. Exchange Traded Concepts LLC increased its stake in ASML by 20.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 11,625 shares of the semiconductor company’s stock valued at $8,057,000 after purchasing an additional 2,002 shares in the last quarter. Berbice Capital Management LLC acquired a new position in ASML during the fourth quarter worth $342,000. Finally, Veracity Capital LLC grew its holdings in shares of ASML by 8.9% during the fourth quarter. Veracity Capital LLC now owns 563 shares of the semiconductor company’s stock valued at $390,000 after buying an additional 46 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of recent analyst reports. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Wells Fargo & Company boosted their target price on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. BNP Paribas started coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target for the company. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Finally, Susquehanna decreased their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research report on Friday, October 11th. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $946.60.

ASML Trading Down 1.9 %

Shares of ASML opened at $732.25 on Friday. The firm has a market cap of $288.08 billion, a P/E ratio of 38.34, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The business has a 50-day moving average of $714.70 and a 200 day moving average of $788.08.

ASML 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.