ASML (NASDAQ:ASML) Stock Price Down 1.4% – Time to Sell?

ASML Holding (NASDAQ:ASML)’s stock price traded down 1.4% during trading on Friday . The stock traded as low as $736.00 and last traded at $735.86. 475,678 shares were traded during trading, a decline of 69% from the average session volume of 1,527,038 shares. The stock had previously closed at $746.24.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wells Fargo & Company raised their target price on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Sanford C. Bernstein dropped their target price on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a report on Friday, November 29th. Susquehanna lowered their price objective 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. Berenberg Bank upgraded ASML to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, BNP Paribas initiated coverage on ASML in a research note on Tuesday, December 3rd. They set an “outperform” rating and a $858.00 price objective for the company. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, ASML currently has a consensus rating of “Moderate Buy” and a consensus target price of $955.50.

ASML Trading Down 1.7 %

The company has a market cap of $288.57 billion, a price-to-earnings ratio of 38.42, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The firm has a 50-day moving average price of $713.22 and a 200 day moving average price of $790.48. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Golden State Equity Partners boosted its position in ASML by 1,030.2% during the 4th quarter. Golden State Equity Partners now owns 1,085 shares of the semiconductor company’s stock valued at $752,000 after purchasing an additional 989 shares during the period. Avantra Family Wealth Inc. bought a new stake in shares of ASML in the 4th quarter worth $441,000. Osborne Partners Capital Management LLC bought a new stake in shares of ASML in the 4th quarter worth $4,880,000. DAVENPORT & Co LLC raised its stake in shares of ASML by 2.1% in the 4th quarter. DAVENPORT & Co LLC now owns 2,316 shares of the semiconductor company’s stock worth $1,605,000 after buying an additional 48 shares in the last quarter. Finally, Tritonpoint Wealth LLC acquired a new position in shares of ASML in the 4th quarter worth $218,000. Institutional investors and hedge funds own 26.07% of the company’s stock.

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.