Perigon Wealth Management LLC Sells 42 Shares of ASML Holding (NASDAQ:ASML)

Perigon Wealth Management LLC trimmed its holdings in shares of ASML Holding (NASDAQ:ASML) by 3.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,157 shares of the semiconductor company’s stock after selling 42 shares during the quarter. Perigon Wealth Management LLC’s holdings in ASML were worth $868,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Fairway Wealth LLC bought a new stake in shares of ASML during the third quarter worth $25,000. Milestone Investment Advisors LLC acquired a new position in ASML in the 3rd quarter worth $28,000. Fortitude Family Office LLC increased its holdings in ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of ASML in the 3rd quarter valued at about $43,000. Finally, Itau Unibanco Holding S.A. bought a new stake in shares of ASML in the third quarter valued at about $43,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

ASML Price Performance

NASDAQ:ASML opened at $736.99 on Friday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The stock’s 50 day moving average price is $716.70 and its two-hundred day moving average price is $778.07. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $289.95 billion, a price-to-earnings ratio of 38.59, a P/E/G ratio of 2.39 and a beta of 1.47.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, January 29th. The semiconductor company reported $7.30 EPS for the quarter, missing the consensus estimate of $7.67 by ($0.37). ASML had a net margin of 26.40% and a return on equity of 47.61%. On average, analysts anticipate that ASML Holding will post 20.54 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ASML shares. JPMorgan Chase & Co. dropped their target price on ASML from $1,148.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday. DZ Bank upgraded shares of ASML from a “hold” rating to a “buy” rating in a report on Thursday. Susquehanna lowered their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, Sanford C. Bernstein dropped their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Three analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $937.00.

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.