Shelton Wealth Management LLC Buys 631 Shares of ASML Holding (NASDAQ:ASML)

Shelton Wealth Management LLC increased its position in ASML Holding (NASDAQ:ASML - Free Report) by 54.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,788 shares of the semiconductor company's stock after acquiring an additional 631 shares during the period. Shelton Wealth Management LLC's holdings in ASML were worth $1,239,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Armstrong Advisory Group Inc. grew its stake in shares of ASML by 24.5% in the third quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company's stock worth $51,000 after acquiring an additional 12 shares during the period. Matrix Private Capital Group LLC grew its position in ASML by 5.5% in the 2nd quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company's stock worth $254,000 after purchasing an additional 13 shares during the period. Bruce G. Allen Investments LLC raised its stake in 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 buying an additional 14 shares during the last quarter. Fortitude Family Office LLC lifted 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 buying an additional 15 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of ASML by 1.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company's stock worth $768,000 after buying an additional 15 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

ASML Price Performance

Shares of ASML traded up $6.05 during trading hours on Friday, reaching $756.33. 1,932,491 shares of the stock traded hands, compared to its average volume of 1,230,726. The company has a market cap of $297.56 billion, a P/E ratio of 39.60, a price-to-earnings-growth ratio of 2.30 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. The company's 50-day moving average price is $706.71 and its two-hundred day moving average price is $799.04. ASML Holding has a 52-week low of $645.45 and a 52-week high of $1,110.09.

ASML (NASDAQ:ASML - Get Free Report) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a return on equity of 47.61% and a net margin of 26.40%. The business had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.66 billion. On average, analysts anticipate that ASML Holding will post 20.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ASML. Wells Fargo & Company upped their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. Berenberg Bank raised shares of ASML to a "strong-buy" rating in a research report on Wednesday, October 2nd. Susquehanna cut 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 research report on Friday, October 11th. JPMorgan Chase & Co. decreased their price target 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. Finally, Morgan Stanley downgraded shares of ASML from an "overweight" rating to an "equal weight" rating in a research report on Friday, September 20th. Three analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $955.50.

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.