ASML Holding (NASDAQ:ASML) Shares Acquired by Galvin Gaustad & Stein LLC

Galvin Gaustad & Stein LLC lifted its holdings in shares of ASML Holding (NASDAQ:ASML) by 7,081.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 21,615 shares of the semiconductor company’s stock after acquiring an additional 21,314 shares during the period. Galvin Gaustad & Stein LLC’s holdings in ASML were worth $14,981,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. grew its position in ASML by 24.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company’s stock worth $51,000 after purchasing an additional 12 shares in the last quarter. Matrix Private Capital Group LLC grew its holdings in shares of ASML by 5.5% during the 2nd quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company’s stock valued at $254,000 after acquiring an additional 13 shares in the last quarter. Bruce G. Allen Investments LLC grew its holdings in shares of ASML by 21.2% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company’s stock valued at $67,000 after acquiring an additional 14 shares in the last quarter. Steigerwald Gordon & Koch Inc. grew its holdings in shares of ASML by 4.8% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 305 shares of the semiconductor company’s stock valued at $211,000 after acquiring an additional 14 shares in the last quarter. Finally, Fortitude Family Office LLC grew its holdings in shares of ASML by 46.9% during the 3rd quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

ASML has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their target price on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating for the company in a research report on Thursday, October 17th. Sanford C. Bernstein cut their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. BNP Paribas started coverage on shares of ASML in a report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective on the stock. Finally, Wells Fargo & Company raised their price objective on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Trading Down 3.8 %

NASDAQ:ASML opened at $737.86 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55. The firm has a market cap of $290.29 billion, a P/E ratio of 38.67, a P/E/G ratio of 2.37 and a beta of 1.47. The firm’s fifty day moving average is $712.16 and its 200-day moving average is $790.79. ASML Holding has a 52 week low of $645.45 and a 52 week high of $1,110.09.

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.