How Much Of ASML Holding N.V. (AMS:ASML) Do Institutions Own?

If you want to know who really controls ASML Holding N.V. (AMS:ASML), then you'll have to look at the makeup of its share registry. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that used to be publicly owned tend to have lower insider ownership.

ASML Holding is a pretty big company. It has a market capitalization of €84b. Normally institutions would own a significant portion of a company this size. In the chart below below, we can see that institutions own shares in the company. We can zoom in on the different ownership groups, to learn more about ASML.

See our latest analysis for ASML Holding

ENXTAM:ASML Ownership Summary, August 30th 2019
ENXTAM:ASML Ownership Summary, August 30th 2019
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What Does The Institutional Ownership Tell Us About ASML Holding?

Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing.

ASML Holding already has institutions on the share registry. Indeed, they own 55% of the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at ASML Holding's earnings history, below. Of course, the future is what really matters.

ENXTAM:ASML Income Statement, August 30th 2019
ENXTAM:ASML Income Statement, August 30th 2019

Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. ASML Holding is not owned by hedge funds. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of ASML Holding

The definition of company insiders can be subjective, and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our information suggests that ASML Holding N.V. insiders own under 1% of the company. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amount to less than 1%, we can see that board members collectively own €36m worth of shares (at current prices). It is good to see board members owning shares, but it might be worth checking if those insiders have been buying.

General Public Ownership

The general public holds a 45% stake in ASML. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.

I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph.

Ultimately the future is most important. You can access this free report on analyst forecasts for the company.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

M
mitchell_lawler
mitchell_lawler

When oil spikes, crude gets the attention. I think the boring refiner in the middle is where it gets interesting, and a record shows why.

78
marcus_reid
marcus_reid

It's cyclical, but there's a hedging case. Worth being precise about it though. Refiners buy crude and sell products, so a crude spike alone hurts them. In 2008 oil hit 147 and refining margins collapsed. What they hedge is a product supply shock, not an oil one. This is what is happening now.

steve_investor
steve_investor

Goldman says the supply response has already started. Higher utilisation, yields shifted to diesel.

Andrew Legget

Great earnings season, but are the earnings real?

Great earnings season, but are the earnings real? cover
At first glance, this was the strongest earnings season in years. But when you look at where the growth actually came from, the story splits into two very different pictures.
85

About ENXTAM:ASML

ASML Holding

Provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.

Flawless balance sheet with high growth potential.

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