Shelton Wealth Management LLC Increases Stock Position in ASML Holding (NASDAQ:ASML)

Shelton Wealth Management LLC increased its holdings in ASML Holding (NASDAQ:ASML) by 54.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,788 shares of the semiconductor company’s stock after acquiring an additional 631 shares during the quarter. Shelton Wealth Management LLC’s holdings in ASML were worth $1,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of ASML. Resources Management Corp CT ADV bought a new position in ASML in the 2nd quarter worth about $26,000. Fairway Wealth LLC purchased a new stake in shares of ASML during the third quarter valued at approximately $25,000. Milestone Investment Advisors LLC purchased a new position in ASML in the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC lifted its position in ASML by 46.9% in the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new stake in ASML during the 3rd quarter valued at $43,000. 26.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ASML has been the topic of a number of research analyst reports. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a report on Friday, September 20th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company increased their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Susquehanna cut their target price on shares of 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. Finally, Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, ASML currently has an average rating of “Moderate Buy” and an average price target of $955.50.

ASML Price Performance

NASDAQ ASML opened at $756.33 on Friday. The stock has a market cap of $297.56 billion, a price-to-earnings ratio of 39.60, a PEG ratio of 2.30 and a beta of 1.47. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company’s 50 day moving average is $704.98 and its two-hundred day moving average is $800.97. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML) last issued its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $5.24 by $0.56. The company had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $7.66 billion. ASML had a net margin of 26.40% and a return on equity of 47.61%. As a group, research analysts anticipate that ASML Holding will post 20.57 earnings per share for the current year.

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.