ASML (NASDAQ:ASML) Stock Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of ASML Holding (NASDAQ:ASML). In a filing disclosed on November 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in ASML stock on November 25th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of GSK (NYSE:GSK) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Nestlé (OTCMKTS:NSRGY) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 11/25/2024.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 11/25/2024.

ASML Trading Down 0.2 %

NASDAQ:ASML opened at $670.48 on Friday. The stock has a fifty day moving average price of $734.37 and a 200 day moving average price of $867.34. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. ASML Holding has a 12-month low of $645.45 and a 12-month high of $1,110.09. The firm has a market cap of $263.78 billion, a PE ratio of 35.10, a price-to-earnings-growth ratio of 1.99 and a beta of 1.51.

ASML (NASDAQ:ASML) last announced its quarterly earnings data on Tuesday, October 15th. The semiconductor company reported $5.80 earnings per share (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 during the quarter, compared to analysts’ expectations of $7.66 billion. Sell-side analysts anticipate that ASML Holding will post 20.68 earnings per share for the current fiscal year.

ASML Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Tuesday, October 29th were paid a $1.407 dividend. This represents a $5.63 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Tuesday, October 29th. ASML’s payout ratio is currently 29.21%.

Institutional Investors Weigh In On ASML

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ASML. Bayesian Capital Management LP acquired a new stake in ASML during the 1st quarter worth $270,000. Tidal Investments LLC grew its holdings in shares of ASML by 1.4% during the first quarter. Tidal Investments LLC now owns 3,368 shares of the semiconductor company’s stock worth $3,269,000 after buying an additional 45 shares during the last quarter. Strategic Wealth Partners Ltd. acquired a new position in ASML in the 1st quarter valued at about $206,000. LRI Investments LLC purchased a new stake in ASML during the 1st quarter valued at approximately $37,000. Finally, Sanibel Captiva Trust Company Inc. lifted its position in ASML by 9.9% during the 1st quarter. Sanibel Captiva Trust Company Inc. now owns 777 shares of the semiconductor company’s stock worth $754,000 after acquiring an additional 70 shares during the period. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ASML shares. Wells Fargo & Company reduced their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a report on Thursday, October 17th. Susquehanna cut their price target on ASML from $1,300.00 to $1,100.00 and set a “positive” rating on the stock in a research note on Friday, October 11th. UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. JPMorgan Chase & Co. cut their target price on 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, Berenberg Bank raised ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Three research 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 company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $970.60.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2024 election. Marjorie Taylor Greene earned a bachelor’s degree in business administration from the University of Georgia. Greene’s career experience includes co-owning construction company Taylor Commercial and founding and owning a CrossFit gym.

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.