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

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of ASML Holding (NASDAQ:ASML). In a filing disclosed on October 22nd, the Representative disclosed that they had bought between $1,001 and $15,000 in ASML stock on October 21st.

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

• Purchased $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Nestlé (OTCMKTS:NSRGY) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 10/21/2024.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 10/4/2024.

ASML Trading Down 1.7 %

NASDAQ:ASML opened at $708.62 on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The company’s 50 day moving average is $825.27 and its 200-day moving average is $910.74. The firm has a market cap of $279.61 billion, a price-to-earnings ratio of 36.19, a P/E/G ratio of 2.08 and a beta of 1.48. ASML Holding has a 12 month low of $581.57 and a 12 month high of $1,110.09.

ASML Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Tuesday, October 29th will be issued a $1.407 dividend. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.79%. ASML’s dividend payout ratio (DPR) is currently 28.70%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Berenberg Bank upgraded shares of ASML to a “strong-buy” rating in a report on Wednesday, October 2nd. Sanford C. Bernstein cut their price objective on ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a research report on Monday. Morgan Stanley downgraded ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. dropped their price target 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, UBS Group cut ASML from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $970.60.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ASML. Resources Management Corp CT ADV acquired a new position in shares of ASML in the 2nd quarter valued at $26,000. WD Rutherford LLC acquired a new position in ASML in the first quarter worth about $29,000. Triad Wealth Partners LLC bought a new position in ASML during the second quarter worth about $31,000. First Community Trust NA acquired a new stake in ASML during the second quarter valued at approximately $34,000. Finally, POM Investment Strategies LLC bought a new stake in shares of ASML in the 2nd quarter valued at approximately $36,000. 26.07% of the stock is owned by institutional investors.

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.