ASML Holding NV (NASDAQ:ASML) Shares Sold by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd decreased its position in shares of ASML Holding NV (NASDAQ:ASML) by 9.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,500 shares of the semiconductor company’s stock after selling 350 shares during the period. Harvest Fund Management Co. Ltd’s holdings in ASML were worth $658,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Advisor Partners LLC increased its holdings in shares of ASML by 12.6% in the 2nd quarter. Advisor Partners LLC now owns 2,087 shares of the semiconductor company’s stock valued at $413,000 after acquiring an additional 234 shares during the last quarter. Wetherby Asset Management Inc. grew its stake in ASML by 5.1% during the 2nd quarter. Wetherby Asset Management Inc. now owns 5,466 shares of the semiconductor company’s stock worth $1,082,000 after buying an additional 266 shares during the last quarter. United Services Automobile Association grew its stake in ASML by 0.3% during the 2nd quarter. United Services Automobile Association now owns 122,186 shares of the semiconductor company’s stock worth $24,189,000 after buying an additional 315 shares during the last quarter. CIBC Asset Management Inc grew its stake in ASML by 12.2% during the 2nd quarter. CIBC Asset Management Inc now owns 2,926 shares of the semiconductor company’s stock worth $579,000 after buying an additional 319 shares during the last quarter. Finally, Sheets Smith Wealth Management grew its stake in ASML by 14.6% during the 2nd quarter. Sheets Smith Wealth Management now owns 2,565 shares of the semiconductor company’s stock worth $508,000 after buying an additional 326 shares during the last quarter. 16.64% of the stock is currently owned by institutional investors.

Shares of NASDAQ:ASML traded up $2.58 during midday trading on Thursday, reaching $163.91. The company’s stock had a trading volume of 1,074,046 shares, compared to its average volume of 1,496,394. The company has a market cap of $68.82 billion, a P/E ratio of 29.43, a P/E/G ratio of 1.22 and a beta of 1.12. The company has a quick ratio of 1.84, a current ratio of 2.80 and a debt-to-equity ratio of 0.27. ASML Holding NV has a 1 year low of $156.58 and a 1 year high of $221.66.

ASML (NASDAQ:ASML) last issued its quarterly earnings data on Wednesday, October 17th. The semiconductor company reported $1.86 EPS for the quarter, missing the Zacks’ consensus estimate of $1.90 by ($0.04). The company had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.29 billion. ASML had a return on equity of 23.22% and a net margin of 24.28%. Sell-side analysts expect that ASML Holding NV will post 7.01 earnings per share for the current fiscal year.

Several analysts have recently commented on the company. Zacks Investment Research cut ASML from a “hold” rating to a “sell” rating in a report on Tuesday, September 18th. UBS Group raised ASML from a “neutral” rating to a “buy” rating in a report on Monday, September 24th. BidaskClub raised ASML from a “sell” rating to a “hold” rating in a report on Thursday, October 18th. B. Riley lifted their price objective on ASML from $170.00 to $190.00 and gave the stock a “neutral” rating in a report on Thursday, October 18th. Finally, ValuEngine cut ASML from a “buy” rating to a “hold” rating in a report on Friday, September 7th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $210.80.

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About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography related systems primarily in the Netherlands, the United States, and Asia. It sells three categories of products, including DUV lithography, EUV lithography, and Holistic lithography solutions.

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Institutional Ownership by Quarter for ASML (NASDAQ:ASML)

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