Stock Traders Purchase High Volume of ASML Call Options (NASDAQ:ASML)

ASML Holding N.V. (NASDAQ:ASML) saw some unusual options trading activity on Friday. Stock traders acquired 759 call options on the company. This represents an increase of approximately 291% compared to the typical daily volume of 194 call options.

Several institutional investors have recently bought and sold shares of ASML. Massey Quick Simon & CO. LLC bought a new stake in shares of ASML in the 3rd quarter worth about $108,000. Northeast Investment Management bought a new position in ASML during the 3rd quarter valued at about $209,000. American Trust Investment Advisors LLC bought a new position in ASML during the 2nd quarter valued at about $229,000. Adviser Investments LLC bought a new position in ASML during the 3rd quarter valued at about $229,000. Finally, Mckinley Capital Management LLC Delaware bought a new position in ASML during the 2nd quarter valued at about $265,000. Hedge funds and other institutional investors own 16.61% of the company’s stock.

A number of research analysts recently weighed in on ASML shares. Zacks Investment Research cut shares of ASML from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. Susquehanna Bancshares upgraded shares of ASML from a “neutral” rating to a “positive” rating and lifted their target price for the company from $130.00 to $190.00 in a research note on Monday, September 18th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $184.00 price target (up previously from $172.50) on shares of ASML in a research note on Thursday, September 21st. Royal Bank Of Canada reiterated a “hold” rating and issued a $155.00 price target on shares of ASML in a research note on Tuesday, October 3rd. Finally, J P Morgan Chase & Co reiterated a “buy” rating on shares of ASML in a research note on Tuesday, October 3rd. Six investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $178.29.

Shares of ASML (NASDAQ:ASML) opened at $170.50 on Wednesday. ASML has a fifty-two week low of $101.79 and a fifty-two week high of $186.37. The company has a quick ratio of 1.57, a current ratio of 2.57 and a debt-to-equity ratio of 0.30. The firm has a market cap of $72,801.91, a PE ratio of 33.53, a PEG ratio of 1.54 and a beta of 1.14.

ASML (NASDAQ:ASML) last posted its earnings results on Wednesday, October 18th. The semiconductor company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.24. ASML had a net margin of 23.81% and a return on equity of 19.82%. The firm had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the previous year, the firm posted $0.93 EPS. The business’s quarterly revenue was up 34.8% on a year-over-year basis. research analysts anticipate that ASML will post 5.23 earnings per share for the current year.

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About ASML

ASML Holding N.V. is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling and servicing of semiconductor equipment systems, consisting of lithography systems. The Company’s products include systems, and installed base products and services.

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