Needham Investment Management LLC lowered its stake in ASML Holding N.V. (NASDAQ:ASML – Free Report) by 10.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,500 shares of the semiconductor company’s stock after selling 650 shares during the quarter. Needham Investment Management LLC’s holdings in ASML were worth $5,884,000 at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of ASML. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in ASML in the 4th quarter valued at $2,140,000. Strategic Global Advisors LLC lifted its stake in shares of ASML by 31.2% during the fourth quarter. Strategic Global Advisors LLC now owns 1,342 shares of the semiconductor company’s stock valued at $1,436,000 after acquiring an additional 319 shares during the period. TritonPoint Partners LLC bought a new stake in ASML during the 4th quarter worth about $488,000. Valliance Asset Management Ltd acquired a new position in ASML during the 4th quarter valued at about $10,699,000. Finally, Panagora Asset Management Inc. grew its position in shares of ASML by 3.1% during the 4th quarter. Panagora Asset Management Inc. now owns 8,056 shares of the semiconductor company’s stock worth $8,619,000 after buying an additional 242 shares during the period. Institutional investors own 26.07% of the company’s stock.
ASML News Roundup
Here are the key news stories impacting ASML this week:
- Positive Sentiment: ASML’s share buyback program continues, with the company repurchasing stock at steadily higher average prices over the past week. Buybacks can support EPS and signal management confidence. ASML reports transactions under its current share buyback program
- Positive Sentiment: Sanford C. Bernstein reaffirmed a buy rating on ASML, reinforcing the view that the company remains a key beneficiary of long-term AI and advanced chip demand. ASML gets a buy rating from Bernstein
- Positive Sentiment: The broader semiconductor sector remains very strong, with semiconductor ETFs and chip stocks breaking into new highs. That sector-wide momentum is helping sentiment for ASML, a major supplier to advanced chipmakers. Chips Up 8.8% in One Week: 5 Semiconductor Names Breaking Into New Highs
- Neutral Sentiment: Coverage around Elon Musk’s “Terafab” concept highlights ASML’s strategic importance in next-generation chip manufacturing, which supports the investment case, but the articles also argue investors may not need to own the stock given its premium valuation. Elon Musk Needs ASML for Terafab. You Don’t Need ASML Stock in Your Portfolio.
- Negative Sentiment: Some recent commentary argues ASML’s valuation is stretched after its sharp rally, with one piece suggesting investors should instead look at other AI names with more upside and better cash flow profiles. Forget ASML Holding: 1 Unstoppable AI Cash-Flow Machine to Buy Hand Over Fist After the Pullback
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on ASML
ASML Stock Up 1.6%
ASML stock opened at $1,892.66 on Tuesday. ASML Holding N.V. has a fifty-two week low of $683.48 and a fifty-two week high of $1,913.70. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 0.78. The business’s fifty day moving average price is $1,551.33 and its two-hundred day moving average price is $1,378.24. The stock has a market capitalization of $744.35 billion, a price-to-earnings ratio of 67.89, a PEG ratio of 1.49 and a beta of 1.82.
ASML (NASDAQ:ASML – Get Free Report) last announced its earnings results on Monday, March 30th. The semiconductor company reported $8.28 EPS for the quarter. The company had revenue of $10.15 billion for the quarter. ASML had a net margin of 27.65% and a return on equity of 48.69%. On average, equities analysts anticipate that ASML Holding N.V. will post 36.86 earnings per share for the current 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.
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