Institutional Demand Surges for ASML as Semiconductor Play Gains Momentum
ASML Holding NV shares continue attracting institutional capital, with Point72 Asset Management establishing a $430.1 million position in the semiconductor equipment maker. The stock has delivered 38.99% total returns over twelve months, outperforming broader tech indices.
Recent SEC filings reveal divided sentiment among money managers. While 982 institutions expanded ASML holdings last quarter, 766 reduced exposure. JPMorgan Chase's $727 million addition contrasts sharply with Massachusetts Financial Services' near-total exit from its position.
Analyst consensus remains bullish despite valuation concerns. Four firms maintain buy ratings with price targets reaching $1,175, though discounted cash FLOW models suggest the stock may be overextended at current levels. The divergence highlights ongoing debate about semiconductor cycle sustainability.
