Aspiring Ventures LLC Takes Position in ASML Holding (NASDAQ:ASML)

Aspiring Ventures LLC purchased a new stake in shares of ASML Holding (NASDAQ:ASML) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,307 shares of the semiconductor company’s stock, valued at approximately $3,258,000. ASML comprises 2.2% of Aspiring Ventures LLC’s portfolio, making the stock its 5th biggest position.

A number of other hedge funds have also bought and sold shares of the business. Fairway Wealth LLC bought a new stake in shares of ASML during the 3rd quarter worth $25,000. Milestone Investment Advisors LLC purchased a new position in ASML in the third quarter valued at about $28,000. Fortitude Family Office LLC grew its position 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 acquiring an additional 15 shares during the period. Albion Financial Group UT increased its stake in shares of ASML by 133.3% during the 4th quarter. Albion Financial Group UT now owns 56 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 32 shares during the last quarter. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of ASML in the 4th quarter worth approximately $42,000. 26.07% of the stock is currently owned by institutional investors.

ASML Price Performance

ASML stock opened at $732.25 on Friday. The business has a 50-day simple moving average of $714.70 and a 200 day simple moving average of $788.08. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09. The stock has a market cap of $288.08 billion, a price-to-earnings ratio of 38.34, a PEG ratio of 2.39 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ASML shares. BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein reduced their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. JPMorgan Chase & Co. dropped their target price on ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Wells Fargo & Company lifted their price target on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Finally, Susquehanna dropped their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Three investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $955.50.

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.