Financial & Tax Architects LLC Has $2.29 Million Stock Position in ASML Holding N.V. $ASML

Financial & Tax Architects LLC lessened its holdings in ASML Holding N.V. (NASDAQ:ASML) by 21.8% during the first quarter, HoldingsChannel reports. The fund owned 1,732 shares of the semiconductor company’s stock after selling 482 shares during the quarter. Financial & Tax Architects LLC’s holdings in ASML were worth $2,288,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Cornerstone Financial Management LLC bought a new stake in ASML during the 4th quarter worth approximately $26,000. Binnacle Investments Inc raised its stake in shares of ASML by 78.9% in the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the last quarter. Resources Management Corp CT ADV lifted its holdings in shares of 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 purchasing an additional 23 shares in the last quarter. North Star Investment Management Corp. lifted its holdings in shares of 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 purchasing an additional 11 shares in the last quarter. Finally, Jessup Wealth Management Inc purchased a new position in shares of ASML during the fourth quarter valued at approximately $30,000. Institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ASML shares. Citigroup reiterated a “buy” rating on shares of ASML in a report on Thursday, April 16th. Wells Fargo & Company raised their price objective on ASML from $1,750.00 to $2,200.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of ASML in a report on Thursday, June 11th. Barclays reiterated a “buy” rating on shares of ASML in a research note on Monday. Finally, Freedom Capital upgraded shares of ASML from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 16th. Four research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,772.62.

ASML Price Performance

Shares of NASDAQ ASML opened at $1,989.44 on Wednesday. The company has a market capitalization of $782.41 billion, a PE ratio of 71.36, a PEG ratio of 1.43 and a beta of 1.82. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average price is $1,648.51 and its 200-day moving average price is $1,437.89. ASML Holding N.V. has a twelve month low of $683.48 and a twelve month high of $1,999.96.

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

ASML Profile

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.