ASML Holding N.V. (NASDAQ:ASML) Shares Sold by Traveka Wealth LLC

Traveka Wealth LLC trimmed its holdings in ASML Holding N.V. (NASDAQ:ASML) by 15.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 752 shares of the semiconductor company’s stock after selling 139 shares during the quarter. Traveka Wealth LLC’s holdings in ASML were worth $498,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Cloud Capital Management LLC acquired a new position in ASML in the 1st quarter valued at $95,000. Sierra Ocean LLC increased its stake in ASML by 78.1% in the 1st quarter. Sierra Ocean LLC now owns 228 shares of the semiconductor company’s stock valued at $151,000 after buying an additional 100 shares during the period. Adell Harriman & Carpenter Inc. increased its stake in ASML by 45.4% in the 1st quarter. Adell Harriman & Carpenter Inc. now owns 1,278 shares of the semiconductor company’s stock valued at $847,000 after buying an additional 399 shares during the period. Concurrent Investment Advisors LLC increased its stake in ASML by 26.6% in the 1st quarter. Concurrent Investment Advisors LLC now owns 3,951 shares of the semiconductor company’s stock valued at $2,618,000 after buying an additional 829 shares during the period. Finally, Simmons Bank acquired a new position in ASML in the 1st quarter valued at $1,981,000. 26.07% of the stock is owned by institutional investors and hedge funds.

ASML Price Performance

Shares of NASDAQ ASML opened at $794.20 on Friday. The firm has a market capitalization of $312.45 billion, a P/E ratio of 33.47, a PEG ratio of 1.66 and a beta of 1.73. ASML Holding N.V. has a one year low of $578.51 and a one year high of $1,110.09. The company’s fifty day moving average is $749.55 and its two-hundred day moving average is $722.74. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 1.52.

ASML (NASDAQ:ASML) last issued its earnings results on Wednesday, April 16th. The semiconductor company reported $6.31 EPS for the quarter, topping the consensus estimate of $6.12 by $0.19. ASML had a net margin of 28.32% and a return on equity of 51.82%. The company had revenue of $8.77 billion for the quarter, compared to analyst estimates of $7.90 billion. Analysts forecast that ASML Holding N.V. will post 25.17 EPS for the current fiscal year.

Analyst Ratings Changes

ASML has been the topic of several recent research reports. Citigroup reissued a “buy” rating on shares of ASML in a research note on Monday, May 19th. Susquehanna dropped their price objective on shares of ASML from $1,100.00 to $965.00 and set a “positive” rating on the stock in a research note on Thursday, April 17th. Wells Fargo & Company dropped their price objective on shares of ASML from $860.00 to $840.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Jefferies Financial Group cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Thursday, June 26th. Finally, Sanford C. Bernstein assumed coverage on shares of ASML in a research report on Tuesday, June 17th. They set a “market perform” rating and a $806.00 target price on the stock. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, ASML has a consensus rating of “Moderate Buy” and a consensus price target of $913.80.

ASML Company 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.