Professional Advisory Services Inc. Sells 1,647 Shares of ASML Holding N.V. $ASML

Professional Advisory Services Inc. reduced its position in ASML Holding N.V. (NASDAQ:ASML) by 17.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 7,904 shares of the semiconductor company’s stock after selling 1,647 shares during the period. Professional Advisory Services Inc.’s holdings in ASML were worth $7,652,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capstone Wealth Management Group LLC raised its holdings in ASML by 5.2% during the 1st quarter. Capstone Wealth Management Group LLC now owns 2,511 shares of the semiconductor company’s stock worth $1,664,000 after purchasing an additional 124 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of ASML by 141.1% in the 1st quarter. AQR Capital Management LLC now owns 6,871 shares of the semiconductor company’s stock valued at $4,553,000 after purchasing an additional 4,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of ASML by 153.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,210 shares of the semiconductor company’s stock worth $11,404,000 after buying an additional 10,411 shares during the period. Sivia Capital Partners LLC raised its stake in shares of ASML by 1.3% during the second quarter. Sivia Capital Partners LLC now owns 1,168 shares of the semiconductor company’s stock worth $936,000 after buying an additional 15 shares during the last quarter. Finally, Diversified Trust Co lifted its holdings in ASML by 16.4% in the second quarter. Diversified Trust Co now owns 1,821 shares of the semiconductor company’s stock valued at $1,459,000 after buying an additional 257 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Price Performance

ASML opened at $1,358.57 on Tuesday. The stock has a market cap of $534.30 billion, a P/E ratio of 55.29, a P/E/G ratio of 1.99 and a beta of 1.86. ASML Holding N.V. has a 12 month low of $578.51 and a 12 month high of $1,375.37. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a fifty day simple moving average of $1,107.84 and a 200 day simple moving average of $947.80.

Analyst Upgrades and Downgrades

A number of research firms have commented on ASML. Weiss Ratings lowered shares of ASML from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Citigroup restated a “buy” rating on shares of ASML in a research report on Wednesday, December 10th. Redburn Partners set a $1,200.00 price objective on ASML in a research note on Friday, November 7th. HSBC reiterated a “buy” rating on shares of ASML in a report on Friday, October 17th. Finally, Jefferies Financial Group restated a “neutral” rating on shares of ASML in a report on Tuesday, January 13th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $1,392.75.

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.