Berbice Capital Management LLC Takes $342,000 Position in ASML Holding (NASDAQ:ASML)

Berbice Capital Management LLC bought a new position in ASML Holding (NASDAQ:ASML) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 494 shares of the semiconductor company’s stock, valued at approximately $342,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fairway Wealth LLC bought a new position in shares of ASML during the third quarter valued at about $25,000. Milestone Investment Advisors LLC purchased a new stake in ASML in the third quarter worth about $28,000. Fortitude Family Office LLC grew its holdings in ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 15 shares during the period. Brooklyn Investment Group purchased a new stake in shares of ASML during the third quarter valued at approximately $43,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of ASML during the third quarter valued at approximately $43,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ASML. JPMorgan Chase & Co. decreased their price objective on shares of ASML from $1,207.00 to $1,148.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Susquehanna reduced their price target on shares of ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Sanford C. Bernstein reduced their price objective on shares of ASML from $815.00 to $767.00 and set an “outperform” rating for the company in a research note on Friday, November 29th. Finally, Wells Fargo & Company boosted their target price on shares of ASML from $790.00 to $860.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Stock Down 0.4 %

Shares of NASDAQ:ASML opened at $743.14 on Friday. The company has a market capitalization of $292.37 billion, a PE ratio of 39.05, a P/E/G ratio of 2.39 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a twelve month low of $645.45 and a twelve month high of $1,110.09. The firm has a 50 day simple moving average of $712.16 and a 200-day simple moving average of $790.79.

ASML 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.