Galvin Gaustad & Stein LLC Has $14.98 Million Holdings in ASML Holding (NASDAQ:ASML)

Galvin Gaustad & Stein LLC grew its stake in ASML Holding (NASDAQ:ASML) by 7,081.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,615 shares of the semiconductor company’s stock after purchasing an additional 21,314 shares during the period. Galvin Gaustad & Stein LLC’s holdings in ASML were worth $14,981,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Resources Management Corp CT ADV bought a new stake in ASML during the second quarter worth $26,000. Fairway Wealth LLC acquired a new stake in ASML during the 3rd quarter valued at approximately $25,000. Milestone Investment Advisors LLC bought a new stake in shares of ASML in the 3rd quarter valued at $28,000. Fortitude Family Office LLC increased its stake in 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 purchasing an additional 15 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new position in ASML during the 3rd quarter worth $43,000. 26.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. BNP Paribas initiated coverage on shares of ASML in a research report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective on the stock. Sanford C. Bernstein dropped their price target on ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Berenberg Bank raised ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company increased their price objective on ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Finally, JPMorgan Chase & Co. decreased their price objective on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a report on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $955.50.

ASML Stock Performance

Shares of ASML stock opened at $737.86 on Thursday. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The company has a market cap of $290.29 billion, a price-to-earnings ratio of 38.67, a price-to-earnings-growth ratio of 2.37 and a beta of 1.47. The stock has a 50 day simple moving average of $712.16 and a 200-day simple moving average of $790.79. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

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.