ASML Holding (NASDAQ:ASML) Shares Purchased by Transform Wealth LLC

Transform Wealth LLC grew its position in shares of ASML Holding (NASDAQ:ASML) by 347.0% during the fourth quarter, Holdings Channel reports. The firm owned 2,405 shares of the semiconductor company’s stock after acquiring an additional 1,867 shares during the quarter. Transform Wealth LLC’s holdings in ASML were worth $1,667,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fairway Wealth LLC purchased a new position in shares of ASML in the third quarter valued at approximately $25,000. Resources Management Corp CT ADV purchased a new position in ASML in the 2nd quarter valued at approximately $26,000. Milestone Investment Advisors LLC acquired a new position in shares of ASML in the third quarter worth $28,000. Fortitude Family Office LLC increased its position in shares of ASML by 46.9% during the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 15 shares during the period. Finally, Sugar Maple Asset Management LLC acquired a new stake in shares of ASML in the fourth quarter valued at $42,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on ASML. Susquehanna lowered their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a research note on Friday, October 11th. BNP Paribas assumed coverage on ASML in a research report on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Sanford C. Bernstein reduced their target price 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. Finally, Wells Fargo & Company increased their price objective on shares of ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $955.50.

ASML Stock Performance

NASDAQ:ASML opened at $756.33 on Tuesday. The firm has a market cap of $297.56 billion, a price-to-earnings ratio of 39.60, a price-to-earnings-growth ratio of 2.35 and a beta of 1.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.55 and a quick ratio of 0.84. ASML Holding has a 1-year low of $645.45 and a 1-year high of $1,110.09. The firm’s fifty day moving average price is $708.41 and its 200 day moving average price is $793.15.

About ASML

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.