Lmcg Investments LLC Sells 586 Shares of ASML Holding (NASDAQ:ASML)

Lmcg Investments LLC cut its position in ASML Holding (NASDAQ:ASML) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,078 shares of the semiconductor company’s stock after selling 586 shares during the period. Lmcg Investments LLC’s holdings in ASML were worth $7,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Fairway Wealth LLC purchased a new position in shares of ASML in the third quarter valued at $25,000. Resources Management Corp CT ADV purchased a new position in shares of ASML in the 2nd quarter worth $26,000. Milestone Investment Advisors LLC purchased a new stake in shares of ASML during the 3rd quarter valued at about $28,000. Fortitude Family Office LLC grew its position in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in ASML during the fourth quarter worth approximately $42,000. 26.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on ASML shares. Sanford C. Bernstein decreased their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Susquehanna decreased their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. lowered their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Finally, BNP Paribas assumed coverage on shares of ASML in a research note on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Stock Up 0.8 %

Shares of ASML stock opened at $756.33 on Tuesday. ASML Holding has a fifty-two week low of $645.45 and a fifty-two week high of $1,110.09. The firm has a market capitalization of $297.56 billion, a PE ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47. 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 stock’s 50-day simple moving average is $706.71 and its 200-day simple moving average is $795.37.

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.