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

ASML Holding (NASDAQ:ASML) shares traded down 1.4% during mid-day trading on Friday . The company 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.

Analysts Set New Price Targets

Several analysts have commented on ASML shares. JPMorgan Chase & Co. decreased their price objective on shares of 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. Berenberg Bank raised shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Sanford C. Bernstein cut their price target on ASML from $815.00 to $767.00 and set an “outperform” rating on the stock in a research report on Friday, November 29th. Wells Fargo & Company boosted their price objective on ASML from $790.00 to $860.00 and gave the company an “overweight” rating in a report on Monday, January 13th. Finally, Susquehanna dropped their target price on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a report on Friday, October 11th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and an average price target of $946.60.

ASML Trading Down 1.9 %

The stock has a market cap of $288.08 billion, a PE ratio of 38.34, a price-to-earnings-growth ratio of 2.39 and a beta of 1.47. The company has a 50 day moving average of $714.70 and a two-hundred day moving average of $788.08. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.55.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Fairway Wealth LLC acquired a new position in ASML during the third quarter worth $25,000. Milestone Investment Advisors LLC purchased a new stake in shares of ASML during the third quarter worth about $28,000. Kennebec Savings Bank raised its position in shares of ASML by 227.3% during the 4th quarter. Kennebec Savings Bank now owns 36 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares during the last quarter. Fortitude Family Office LLC lifted its stake in ASML by 46.9% in 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 in the last quarter. Finally, Brooklyn Investment Group acquired a new stake in ASML in the 3rd quarter worth about $43,000. 26.07% of the stock is owned by institutional investors and hedge funds.

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.