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Equitable Trust Company reduces its stake in ASML Holdings (NASDAQ:ASML)

Equitable Trust Company reduces its stake in ASML Holdings (NASDAQ:ASML)

The most recent Form 13F filing that Equitable Trust Co. made with the SEC reveals that during the third quarter, the company’s holdings in ASML Holding (NASDAQ: ASML) were reduced. The company provided this information. The fund’s current holdings in the semiconductor company amount to 12,082 shares after the sale of 909 shares during this period. Equitable Trust Company had a position in ASML worth a total of $5,018,000 in the capital at the end of the most recent reporting period.

There have been transactions with other hedge funds buying and selling business stock. These transactions took place. Householder Group Estate & Retirement Specialist LLC invested approximately $27,000 during the third quarter to acquire a new holding in ASML. During the second quarter, CX Institutional opened a new position in ASML, estimated to be worth about $28,000. The Oliver Lagore Vanvalin Investment Group acquired a new holding in ASML during the year’s second quarter. The total value of this new holding was close to $35,000ng and selling business stock. These transactions took place. Householder Group Estate & Retirement Specialist LLC invested approximately $27,000 during the third quarter to acquire a new holding in ASML.

During the second quarter, CX Institutional opened a new position in ASML, estimated to be worth about $28,000. The Oliver Lagore Vanvalin Investment Group acquired a new holding in ASML during the year’s second quarter. The total value of this new holding was close to $35,000. During the second quarter, GHP Investment Advisors Inc. accomplished a 275.0% increase in the percentage of ASML stock that it held. GHP Investment Advisors Inc. now has 75 shares of stock in the semiconductor business, which are worth a combined $36,000 after purchasing an additional 55 shares during this period. The shares were acquired through the purchase of additional shares. During the period in question, these shares were purchased. In addition, during the second quarter, HHM Wealth Advisors LLC completed a 680.0 percent increase in the percentage of ASML stock that it held. After purchasing an additional 68 shares during the relevant period, HHM Wealth Advisors LLC is now the proud owner of 78 shares of the stock held by the semiconductor company. These shares were valued at $37,000 and were acquired during the relevant period. Institutional investors own approximately 18.61% of the total number of company shares, bringing the total to 100%.

A wide variety of research companies have recently shown interest in ASML due to the company’s unique offerings. This past Wednesday, Sanford C. Bernstein published a research note revealing the company’s intention to begin covering ASML. They gave the business an “outperform” rating across the board. On Friday, October 14, Berenberg Bank released the findings of a research study that rated ASML with a “buy” rating and projected a price drop from €815.00 ($885.87) to €615.00 ($668.48) for the target price. The report included an announcement regarding the intended decrease in selling price. In a research report published on Tuesday, November 22, Societe Generale increased its price objective for ASML. The previous price target of €520.00 ($565.22) has been increased to the new price target of €680.00 ($739.13). New Street Research shifted its previous rating of “neutral” for ASML to a “buy” recommendation for the company in a report on its market performance published on Friday, October 21. ASML was given an “overweight” rating by Wells Fargo & Company in a research report that was released on Monday, November 14.

Additionally, the firm increased its price target for the stock from $510.00 to $665.00. This news was brought about directly from an increase in the price that they had projected for the stock. Four research analysts have recommended that investors hold onto this stock. In comparison, thirteen analysts have given buy ratings, and one has a strong buy rating for this particular stock. According to the business news website Bloomberg.com, the current consensus rating for ASML is “Moderate Buy,” The website also reports that the average price objective for the company is $696.46.

During the trading session during lunch on Thursday, the price of NASDAQ ASML shares fell $6.60, bringing the total cost of one share of the company’s stock to $645.69. The total number of shares of the company’s stock that changed hands was 10,506, compared to the typical trading volume of 959,415. ASML Holdings reached an all-time high of $738.88 during the past year, while the company’s stock reached an all-time low of $363.15 during the same period. The company’s market valuation is $259.96 billion, and it has a price-to-earnings ratio of 39.08, a price-to-earnings-growth ratio of 1.34, and a beta value of 1.44. These figures indicate that the company is in a healthy financial position.

Additionally, the company has a price-to-earnings-growth ratio of 1.34, which indicates that it is an attractive investment. The moving averages for the previous 50 days at the company are $588.69, and the moving averages for the previous 200 days are $521.44. There are many different types of financial ratios, including a debt-to-equity ratio of 0.44, a current ratio of 1.26, and a quick ratio of 0.82.

On Wednesday, October 19, the results of ASML’s most recent quarterly financial report were made public. ASML trades under the ticker symbol “ASML” on the NASDAQ. The semiconductor division brought in a profit of $4.32 per share for the period covered by this report (EPS). The return on equity for the business was 70.886 percent, and the net margin for the company was 30.35 percent. $5.82 billion was recorded as the company’s total revenue during the relevant period. ASML Holding is expected to generate earnings of 14.63 cents per share throughout this year, according to the consensus forecast of various financial experts.

ASML Holding N.V. is a multinational company specializing in designing, producing, distributing, and maintaining advanced semiconductor equipment systems. These services are provided to customers all over the world. These systems include lithography, metrology, and inspection equipment designed for memory and logic chip manufacturers. The company provides deep ultraviolet and extreme ultraviolet lithography systems to facilitate the production of a comprehensive selection of semiconductor nodes and technologies. Building a wide variety of patterns can be accomplished with these systems, which include immersion and dry lithography solutions.

Do you wish to investigate various other hedge funds to determine whether or not ASML is held in the portfolio of any of those funds? HoldingsChannel.com is the website you should visit to obtain the most recent information regarding ASML Holding’s 13F filings and insider trades (NASDAQ: ASML).

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