72,665 Shares in ASE Technology Holding Co., Ltd. (NYSE:ASX) Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC purchased a new stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 72,665 shares of the semiconductor company’s stock, valued at approximately $732,000.

Other hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC raised its stake in shares of ASE Technology by 10.8% in the third quarter. Fisher Asset Management LLC now owns 15,167,615 shares of the semiconductor company’s stock valued at $148,036,000 after purchasing an additional 1,481,424 shares in the last quarter. Citigroup Inc. raised its stake in shares of ASE Technology by 9.7% in the 3rd quarter. Citigroup Inc. now owns 4,323,059 shares of the semiconductor company’s stock valued at $42,193,000 after buying an additional 382,425 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of ASE Technology by 103.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company’s stock worth $34,855,000 after acquiring an additional 1,818,753 shares during the period. TT International Asset Management LTD boosted its position in shares of ASE Technology by 14.8% during the 3rd quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company’s stock valued at $20,140,000 after acquiring an additional 265,767 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in ASE Technology by 3.3% in the third quarter. Oppenheimer Asset Management Inc. now owns 562,892 shares of the semiconductor company’s stock valued at $5,494,000 after acquiring an additional 18,095 shares during the period. Institutional investors own 6.80% of the company’s stock.

ASE Technology Stock Up 0.3 %

Shares of ASX opened at $10.85 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average price of $10.29 and a two-hundred day moving average price of $9.96. The stock has a market cap of $23.81 billion, a price-to-earnings ratio of 24.10, a P/E/G ratio of 0.42 and a beta of 1.17. ASE Technology Holding Co., Ltd. has a 12 month low of $8.10 and a 12 month high of $12.86.

ASE Technology (NYSE:ASX) last announced its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a net margin of 5.47% and a return on equity of 10.05%. Equities analysts predict that ASE Technology Holding Co., Ltd. will post 0.48 EPS for the current fiscal year.

About ASE Technology

ASE Technology Holding Co, Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.