Pure Financial Advisors LLC Grows Position in ASML Holding (NASDAQ:ASML)

Pure Financial Advisors LLC boosted its stake in ASML Holding (NASDAQ:ASML) by 64.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 723 shares of the semiconductor company’s stock after acquiring an additional 284 shares during the period. Pure Financial Advisors LLC’s holdings in ASML were worth $501,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Fairway Wealth LLC acquired a new position in shares of ASML in the 3rd quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new position in shares of ASML during the second quarter worth $26,000. Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the third quarter valued at $28,000. Fortitude Family Office LLC raised its holdings in shares of 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 buying an additional 15 shares during the period. Finally, Brooklyn Investment Group purchased a new position in ASML during the 3rd quarter valued at about $43,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

ASML has been the topic of several research reports. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price target on the stock. Wells Fargo & Company raised their price target 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. Berenberg Bank raised ASML to a “strong-buy” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein decreased their target price on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, JPMorgan Chase & Co. cut their price target on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Three investment 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’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Trading Up 0.9 %

NASDAQ:ASML opened at $763.00 on Wednesday. ASML Holding has a 1 year low of $645.45 and a 1 year high of $1,110.09. The stock has a market cap of $300.18 billion, a P/E ratio of 39.95, a P/E/G ratio of 2.35 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 has a 50-day simple moving average of $708.41 and a 200-day simple moving average of $793.15.

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.