ASML Holding N.V. $ASML Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its stake in ASML Holding N.V. (NASDAQ:ASML) by 41.7% during the second quarter, Holdings Channel.com reports. The fund owned 2,798 shares of the semiconductor company’s stock after selling 2,003 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in ASML were worth $2,239,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ASML. T. Rowe Price Investment Management Inc. acquired a new stake in ASML during the 1st quarter worth $360,262,000. Invesco Ltd. boosted its stake in ASML by 101.0% during the 1st quarter. Invesco Ltd. now owns 731,271 shares of the semiconductor company’s stock worth $484,562,000 after purchasing an additional 367,505 shares during the last quarter. Amundi boosted its stake in ASML by 91.6% during the 1st quarter. Amundi now owns 642,498 shares of the semiconductor company’s stock worth $403,215,000 after purchasing an additional 307,214 shares during the last quarter. First Manhattan CO. LLC. boosted its stake in ASML by 61.0% during the 1st quarter. First Manhattan CO. LLC. now owns 708,062 shares of the semiconductor company’s stock worth $469,183,000 after purchasing an additional 268,172 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in ASML by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 952,385 shares of the semiconductor company’s stock worth $631,079,000 after purchasing an additional 199,740 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Arete Research raised shares of ASML to a “strong-buy” rating in a research note on Friday, September 12th. Morningstar lowered ASML to a “hold” rating in a report on Thursday, September 18th. Mizuho upgraded ASML from a “neutral” rating to an “outperform” rating in a report on Monday, September 29th. Bank Degroof lowered ASML to a “hold” rating in a report on Friday, October 10th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $935.00 price target on shares of ASML in a report on Thursday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,001.60.

ASML Stock Up 2.7%

Shares of NASDAQ:ASML opened at $1,009.81 on Thursday. The business has a 50-day moving average price of $852.01 and a 200 day moving average price of $768.34. The company has a current ratio of 1.43, a quick ratio of 0.81 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $397.14 billion, a price-to-earnings ratio of 42.15, a PEG ratio of 1.66 and a beta of 1.87. ASML Holding N.V. has a 12-month low of $578.51 and a 12-month high of $1,059.00.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, July 16th. The semiconductor company reported $4.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.94 by ($1.39). The business had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.72 billion. ASML had a return on equity of 49.47% and a net margin of 26.95%.The firm’s revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period in the previous year, the business posted $4.01 earnings per share. Sell-side analysts expect that ASML Holding N.V. will post 25.17 EPS for the current year.

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.