ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Purchased by Ieq Capital LLC

Ieq Capital LLC boosted its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 35.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 25,098 shares of the semiconductor company’s stock after buying an additional 6,543 shares during the period. Ieq Capital LLC’s holdings in ASE Technology were worth $253,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Allworth Financial LP raised its stake in shares of ASE Technology by 42.5% in the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 1,104 shares in the last quarter. R Squared Ltd acquired a new stake in ASE Technology in the 4th quarter valued at about $51,000. Wilmington Savings Fund Society FSB purchased a new position in shares of ASE Technology in the 3rd quarter valued at about $77,000. GAMMA Investing LLC grew its position in shares of ASE Technology by 28.0% during the fourth quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock worth $96,000 after buying an additional 2,083 shares in the last quarter. Finally, Merit Financial Group LLC purchased a new stake in shares of ASE Technology during the fourth quarter worth approximately $119,000. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Stock Up 1.1 %

Shares of NYSE:ASX opened at $10.15 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40. ASE Technology Holding Co., Ltd. has a fifty-two week low of $8.10 and a fifty-two week high of $12.86. The stock has a market cap of $22.39 billion, a price-to-earnings ratio of 22.54, a price-to-earnings-growth ratio of 0.47 and a beta of 1.17. The firm’s 50 day moving average price is $10.44 and its 200 day moving average price is $10.06.

ASE Technology (NYSE:ASX) last issued its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, equities research analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

ASE Technology Profile

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.