Dakota Wealth Management Sells 73 Shares of ASML Holding (NASDAQ:ASML)

Dakota Wealth Management lessened its holdings in ASML Holding (NASDAQ:ASML) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 960 shares of the semiconductor company’s stock after selling 73 shares during the quarter. Dakota Wealth Management’s holdings in ASML were worth $665,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of ASML. Fairway Wealth LLC bought a new position in ASML in the third quarter valued at approximately $25,000. Milestone Investment Advisors LLC bought a new position in shares of ASML in the 3rd quarter worth $28,000. Fortitude Family Office LLC grew its stake in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the period. Sugar Maple Asset Management LLC bought a new stake in ASML in the fourth quarter valued at about $42,000. Finally, Brooklyn Investment Group acquired a new position in ASML in the third quarter valued at about $43,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

ASML Stock Performance

Shares of ASML stock opened at $732.25 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. The firm has a market cap of $288.08 billion, a price-to-earnings ratio of 38.34, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The stock’s 50-day moving average is $713.22 and its 200-day moving average is $790.48.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ASML. Wells Fargo & Company upped their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. 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 target price for the company. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Sanford C. Bernstein decreased their price target on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a report on Friday, November 29th. Finally, Susquehanna dropped their price objective on 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. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $955.50.

About ASML

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.