SeaCrest Wealth Management LLC Has $2.24 Million Stock Holdings in ASML Holding (NASDAQ:ASML)

SeaCrest Wealth Management LLC raised its stake in ASML Holding (NASDAQ:ASML - Free Report) by 39.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,233 shares of the semiconductor company's stock after acquiring an additional 907 shares during the period. SeaCrest Wealth Management LLC's holdings in ASML were worth $2,241,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Armstrong Advisory Group Inc. raised its stake in ASML by 24.5% in the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company's stock valued at $51,000 after purchasing an additional 12 shares in the last quarter. Matrix Private Capital Group LLC raised its position in shares of ASML by 5.5% in the 2nd quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company's stock valued at $254,000 after buying an additional 13 shares in the last quarter. Bruce G. Allen Investments LLC lifted 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 worth $67,000 after acquiring an additional 14 shares during the period. Fortitude Family Office LLC boosted its position 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 worth $39,000 after acquiring an additional 15 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of ASML by 1.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company's stock worth $768,000 after acquiring an additional 15 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ASML has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their target price on ASML from $1,207.00 to $1,148.00 and set an "overweight" rating for the company in a research note on Thursday, October 17th. Sanford C. Bernstein lowered their price target on ASML from $815.00 to $767.00 and set an "outperform" rating for the company in a report on Friday, November 29th. Wells Fargo & Company raised their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research note on Monday. Berenberg Bank upgraded ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. Finally, Susquehanna dropped their target price 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. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, ASML has an average rating of "Moderate Buy" and an average target price of $955.50.

ASML Trading Down 0.9 %

ASML stock traded down $6.89 during trading hours on Wednesday, hitting $729.40. The stock had a trading volume of 1,444,993 shares, compared to its average volume of 1,430,323. The business's 50 day simple moving average is $702.22 and its 200-day simple moving average is $801.85. ASML Holding has a one year low of $645.45 and a one year high of $1,110.09. The stock has a market cap of $286.96 billion, a price-to-earnings ratio of 38.19, a P/E/G ratio of 2.07 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML - Get Free Report) last issued its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The business had revenue of $8.21 billion during the quarter, compared to analyst estimates of $7.66 billion. On average, equities analysts predict that ASML Holding will post 20.68 EPS for the current fiscal year.

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.