Berbice Capital Management LLC Acquires Shares of 494 ASML Holding (NASDAQ:ASML)

Berbice Capital Management LLC purchased a new position in shares of ASML Holding (NASDAQ:ASML) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 494 shares of the semiconductor company’s stock, valued at approximately $342,000.

Several other institutional investors have also modified their holdings of the stock. Fairway Wealth LLC purchased a new stake in ASML in the 3rd quarter valued at about $25,000. Milestone Investment Advisors LLC acquired a new stake in shares of ASML in the third quarter valued at approximately $28,000. Fortitude Family Office LLC lifted its holdings in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the period. Brooklyn Investment Group acquired a new stake in shares of ASML during the third quarter worth $43,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in ASML in the third quarter valued at $43,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

ASML Stock Down 0.4 %

NASDAQ ASML opened at $743.14 on Friday. The stock has a fifty day moving average of $712.16 and a 200-day moving average of $790.79. The stock has a market capitalization of $292.37 billion, a P/E ratio of 39.05, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. ASML Holding has a 52 week low of $645.45 and a 52 week 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.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. 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 report on Friday, November 29th. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. reduced their price objective on 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. Susquehanna reduced 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. Finally, BNP Paribas started coverage on ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $955.50.

ASML Company 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.