The company is trading up by 1.10 percent from yesterday’s close. Short traders are more bullish recently if you take note of the motion in short interest. The firm saw a fall in short interest of -19.86% between June 15, 2017 and May 31, 2017. Short interest fell from 2,793,479 to 2,238,591 over that timeframe.
ASML Holding N.V., launched on October 3, 1994, is a holding company. The Company is a manufacturer of chip-making equipment. The Company is involved in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Business’s products include systems, and installed base products and services. The Business’s principal operations are in the Netherlands, the United States and Asia. Its subsidiaries include ASML Netherlands B.V., ASML Systems B.V., ASML Hong Kong Ltd. and ASML US Inc..
Here are a few other firms who have also updated their positions. Bank Of Montreal /can/ downsized its position by selling 146 shares a decrease of 2.0% as of 06/30/2017. Bank Of Montreal /can/ owns 7,100 shares valued at $925,000. The total value of its holdings decreased 3.8%. As of the end of the quarter Atria Investments LLC had bought 661 shares growing its holdings by 38.8%. The value of the investment in ASML Holding N.V. – ADS represe went from $226,000 to $308,000 a change of $82,000 since the last quarter.
Capstone Asset Management Co cut its stake by shedding 1,500 shares a decrease of 3.4%. Capstone Asset Management Co currently owns 42,002 shares with a value of $5,473,000. The value of the position overall is down by 5.3%. Baird Financial Group, Inc. reduced its investment by shedding 3,267 shares a decrease of 1.8% in the quarter. Baird Financial Group, Inc. controls 182,084 shares worth $24,181,000. The value of the position overall is up by 16.3%.
On August 17 the stock rating was downgraded to “Neutral” from “” in a statement from Bank of America. On July 21, 2016 the stock rating was rated “Neutral” in a report from UBS which is down from the previous “” rating.
April 21 investment analysts at Credit Suisse held the stock rating at “Hold” and moved up the price target to $100.00 from $84.00. On April 19 the company was changed to a “Neutral” according to a Susquehanna report which was a cut from the previous “Positive” rating.
On April 19 Summit Research left the company rating at “Hold” and raised the price expectation from $85.00 to $100.00. On March 31 the company was downgraded from “Neutral” to “Underperform” by Exane BNP Paribas.