Rep. Marjorie Taylor Greene Purchases Shares of ASML Holding (NASDAQ:ASML)

by · The Cerbat Gem

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 2.6 %

Shares of NASDAQ ASML traded down $18.74 during trading on Wednesday, hitting $702.17. 1,201,559 shares of the company traded hands, compared to its average volume of 1,386,858. ASML Holding has a 1 year low of $581.57 and a 1 year high of $1,110.09. The firm has a market capitalization of $277.07 billion, a P/E ratio of 36.36, a P/E/G ratio of 2.08 and a beta of 1.48. 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 has a 50-day moving average price of $828.69 and a 200-day moving average price of $912.16.

ASML Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 7th. Investors of record on Tuesday, October 29th will be paid a $1.407 dividend. The ex-dividend date is Tuesday, October 29th. This represents a $5.63 annualized dividend and a yield of 0.80%. ASML’s payout ratio is currently 28.70%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ASML. Wells Fargo & Company dropped their price target on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating on the stock in a research note on Thursday, October 17th. Sanford C. Bernstein cut their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating on the stock in a research note on Monday. Susquehanna lowered their price objective on ASML from $1,300.00 to $1,100.00 and set a “positive” rating for the company in a report on Friday, October 11th. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a report on Tuesday, July 30th. Finally, UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, ASML currently has an average rating of “Moderate Buy” and a consensus target price of $970.60.

Read Our Latest Report on ASML

Institutional Trading of ASML

Several institutional investors and hedge funds have recently made changes to their positions in the business. Silver Oak Securities Incorporated boosted its stake in ASML by 858.7% in the 3rd quarter. Silver Oak Securities Incorporated now owns 1,045 shares of the semiconductor company’s stock worth $875,000 after purchasing an additional 936 shares during the period. Tectonic Advisors LLC boosted its position in ASML by 49.3% during the third quarter. Tectonic Advisors LLC now owns 442 shares of the semiconductor company’s stock worth $368,000 after purchasing an additional 146 shares during the period. Values First Advisors Inc. raised its holdings in ASML by 13.8% in the 3rd quarter. Values First Advisors Inc. now owns 691 shares of the semiconductor company’s stock valued at $576,000 after acquiring an additional 84 shares during the period. Investment Research & Advisory Group Inc. increased its position in ASML by 6.2% during the third quarter. Investment Research & Advisory Group Inc. now owns 4,624 shares of the semiconductor company’s stock worth $3,853,000 after acquiring an additional 270 shares during the period. Finally, Global Trust Asset Management LLC raised its position in shares of ASML by 66.5% in the third quarter. Global Trust Asset Management LLC now owns 258 shares of the semiconductor company’s stock valued at $215,000 after buying an additional 103 shares in the last quarter. Institutional investors own 26.07% of the company’s stock.

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.

About ASML

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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.

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