Telemark Asset Management LLC Buys 6,000 Shares of ASML Holding N.V. $ASML

Telemark Asset Management LLC raised its stake in ASML Holding N.V. (NASDAQ:ASML) by 150.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,000 shares of the semiconductor company’s stock after buying an additional 6,000 shares during the quarter. Telemark Asset Management LLC’s holdings in ASML were worth $10,699,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of ASML. Regents of The University of California acquired a new stake in shares of ASML in the third quarter valued at approximately $413,335,000. Dimensional Fund Advisors LP raised its holdings in shares of ASML by 4.1% in the third quarter. Dimensional Fund Advisors LP now owns 990,816 shares of the semiconductor company’s stock valued at $959,180,000 after purchasing an additional 38,660 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of ASML by 34.5% in the third quarter. Principal Financial Group Inc. now owns 15,583 shares of the semiconductor company’s stock valued at $15,086,000 after purchasing an additional 4,001 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in shares of ASML by 314.0% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 24,626 shares of the semiconductor company’s stock valued at $23,841,000 after purchasing an additional 18,677 shares during the last quarter. Finally, Gradient Investments LLC raised its holdings in shares of ASML by 424.3% in the fourth quarter. Gradient Investments LLC now owns 14,388 shares of the semiconductor company’s stock valued at $15,393,000 after purchasing an additional 11,644 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

ASML Trading Down 6.6%

Shares of ASML stock opened at $1,641.74 on Friday. The stock has a fifty day simple moving average of $1,490.67 and a 200 day simple moving average of $1,341.23. ASML Holding N.V. has a 12-month low of $683.48 and a 12-month high of $1,779.29. The company has a market capitalization of $645.66 billion, a P/E ratio of 58.89, a price-to-earnings-growth ratio of 1.35 and a beta of 1.82. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last announced its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. The business had revenue of $10.15 billion during the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%. On average, sell-side analysts anticipate that ASML Holding N.V. will post 36.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on ASML. DZ Bank reissued a “neutral” rating on shares of ASML in a research note on Wednesday, April 15th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a research note on Wednesday, May 13th. Susquehanna reaffirmed a “positive” rating on shares of ASML in a report on Thursday, April 9th. Berenberg Bank reaffirmed a “buy” rating on shares of ASML in a report on Friday, May 8th. Finally, Jefferies Financial Group reiterated a “neutral” rating on shares of ASML in a report on Monday, June 1st. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,589.63.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.