Wealth Alliance Has $244,000 Stock Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Wealth Alliance boosted its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 10.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,931 shares of the semiconductor company’s stock after buying an additional 2,483 shares during the quarter. Wealth Alliance’s holdings in ASE Technology were worth $244,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. DGS Capital Management LLC raised its position in ASE Technology by 7.6% in the fourth quarter. DGS Capital Management LLC now owns 56,281 shares of the semiconductor company’s stock valued at $530,000 after purchasing an additional 3,980 shares during the last quarter. Simplicity Solutions LLC increased its holdings in ASE Technology by 4.5% in the fourth quarter. Simplicity Solutions LLC now owns 31,170 shares of the semiconductor company’s stock worth $293,000 after purchasing an additional 1,353 shares in the last quarter. Cerity Partners LLC increased its holdings in ASE Technology by 12.4% in the fourth quarter. Cerity Partners LLC now owns 132,258 shares of the semiconductor company’s stock worth $1,245,000 after purchasing an additional 14,593 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in ASE Technology by 44.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 20,291 shares of the semiconductor company’s stock worth $191,000 after purchasing an additional 6,239 shares in the last quarter. Finally, BSW Wealth Partners increased its holdings in ASE Technology by 4.4% in the fourth quarter. BSW Wealth Partners now owns 54,557 shares of the semiconductor company’s stock worth $513,000 after purchasing an additional 2,316 shares in the last quarter. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Trading Down 2.3 %

Shares of ASX stock opened at $10.35 on Friday. The company has a market cap of $22.60 billion, a P/E ratio of 22.02, a PEG ratio of 0.56 and a beta of 1.25. The stock has a 50 day simple moving average of $10.53 and a two-hundred day simple moving average of $9.23. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.89 and a current ratio of 1.16. ASE Technology Holding Co., Ltd. has a fifty-two week low of $6.70 and a fifty-two week high of $11.68.

ASE Technology (NYSE:ASX) last announced its quarterly earnings data on Wednesday, January 31st. The semiconductor company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. ASE Technology had a return on equity of 10.29% and a net margin of 5.44%. The firm had revenue of $5.05 billion during the quarter. During the same period last year, the business posted $0.23 EPS. Research analysts forecast that ASE Technology Holding Co., Ltd. will post 0.67 earnings per share for the current 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.