ASML Holding (NASDAQ:ASML) Shares Acquired by Procyon Advisors LLC

Procyon Advisors LLC boosted its position in shares of ASML Holding (NASDAQ:ASML) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 780 shares of the semiconductor company’s stock after purchasing an additional 17 shares during the period. Procyon Advisors LLC’s holdings in ASML were worth $541,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Fairway Wealth LLC purchased a new stake in shares of ASML during the third quarter worth about $25,000. Resources Management Corp CT ADV purchased a new stake in ASML during the 2nd quarter worth approximately $26,000. Milestone Investment Advisors LLC purchased a new stake in ASML during the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC boosted its stake in shares of ASML by 46.9% during 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 last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of ASML during the third quarter worth approximately $43,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. JPMorgan Chase & Co. reduced their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Sanford C. Bernstein cut their price objective on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research note on Friday, November 29th. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 target price for the company. Finally, Susquehanna dropped their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $955.50.

ASML Stock Up 0.8 %

ASML stock opened at $756.33 on Friday. The firm has a market capitalization of $297.56 billion, a P/E ratio of 39.60, a P/E/G ratio of 2.30 and a beta of 1.47. The company has a 50-day simple moving average of $706.71 and a 200-day simple moving average of $799.04. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

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.