Purus Wealth Management LLC Sells 26 Shares of ASML Holding (NASDAQ:ASML)

Purus Wealth Management LLC lowered its position in shares of ASML Holding (NASDAQ:ASML) by 8.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 298 shares of the semiconductor company’s stock after selling 26 shares during the period. Purus Wealth Management LLC’s holdings in ASML were worth $207,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ASML. XTX Topco Ltd purchased a new position in ASML during the 2nd quarter valued at about $554,000. Benjamin F. Edwards & Company Inc. lifted its stake in ASML by 2.9% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,520 shares of the semiconductor company’s stock worth $2,577,000 after acquiring an additional 70 shares during the period. King Luther Capital Management Corp lifted its stake in ASML by 11.2% in the second quarter. King Luther Capital Management Corp now owns 1,053 shares of the semiconductor company’s stock worth $1,077,000 after acquiring an additional 106 shares during the period. AE Wealth Management LLC boosted its holdings in ASML by 17.0% in the second quarter. AE Wealth Management LLC now owns 1,632 shares of the semiconductor company’s stock valued at $1,668,000 after acquiring an additional 237 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in ASML by 176.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,306 shares of the semiconductor company’s stock valued at $2,358,000 after purchasing an additional 1,472 shares during the period. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the topic of a number of research reports. Wells Fargo & Company lifted their target price on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research note on Monday, January 13th. Susquehanna reduced their target price 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. Sanford C. Bernstein lowered their target price 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. Finally, BNP Paribas began coverage on ASML in a report on Tuesday, December 3rd. They issued an “outperform” rating and a $858.00 price objective for the company. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $955.50.

ASML Trading Up 0.8 %

NASDAQ ASML opened at $756.33 on Monday. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The stock’s fifty day moving average price is $706.71 and its 200-day moving average price is $797.30. The stock has a market cap 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.

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.