ASML Holding N.V. $ASML Shares Bought by Gunderson Capital Management LLC

Gunderson Capital Management LLC grew its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 4.3% in the 1st quarter, Holdings Channel reports. The firm owned 7,205 shares of the semiconductor company’s stock after acquiring an additional 296 shares during the quarter. ASML comprises approximately 4.0% of Gunderson Capital Management LLC’s holdings, making the stock its 6th biggest position. Gunderson Capital Management LLC’s holdings in ASML were worth $9,517,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ASML. Cornerstone Financial Management LLC bought a new position in ASML during the 4th quarter worth $26,000. Resources Management Corp CT ADV lifted its stake in ASML by 1,150.0% in the fourth quarter. Resources Management Corp CT ADV now owns 25 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 23 shares during the last quarter. North Star Investment Management Corp. lifted its stake in ASML by 68.8% in the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares during the last quarter. Jessup Wealth Management Inc acquired a new position in shares of ASML during the fourth quarter valued at $30,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of ASML during the fourth quarter valued at $32,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on ASML. JPMorgan Chase & Co. increased their price objective on shares of ASML from $1,813.00 to $2,200.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Jefferies Financial Group restated a “neutral” rating on shares of ASML in a research report on Monday, June 1st. Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 16th. Susquehanna reiterated a “positive” rating on shares of ASML in a research report on Thursday, April 9th. Finally, Royal Bank Of Canada increased their price objective on ASML from $1,625.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,772.62.

ASML Stock Down 2.5%

ASML stock opened at $1,794.62 on Friday. The firm’s 50-day moving average is $1,628.47 and its two-hundred day moving average is $1,424.18. The company has a market capitalization of $705.79 billion, a price-to-earnings ratio of 64.37, a price-to-earnings-growth ratio of 1.36 and a beta of 1.82. ASML Holding N.V. has a 52 week low of $683.48 and a 52 week high of $1,959.04. The company has a current ratio of 1.36, a quick ratio of 0.78 and a debt-to-equity ratio of 0.13.

ASML (NASDAQ:ASML) last posted its quarterly earnings data on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. The business had revenue of $10.15 billion during the quarter. On average, analysts forecast that ASML Holding N.V. will post 36.69 earnings per share for the current fiscal year.

About ASML

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.