HTLF Bank Acquires Shares of 18,185 ASE Technology Holding Co., Ltd. (NYSE:ASX)

HTLF Bank acquired a new stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 18,185 shares of the semiconductor company’s stock, valued at approximately $171,000.

A number of other hedge funds have also recently bought and sold shares of the company. Bleakley Financial Group LLC boosted its position in ASE Technology by 4.5% in the 4th quarter. Bleakley Financial Group LLC now owns 31,170 shares of the semiconductor company’s stock valued at $293,000 after buying an additional 1,353 shares during the last quarter. Simplicity Solutions LLC boosted its position in ASE Technology by 4.5% in the 4th quarter. Simplicity Solutions LLC now owns 31,170 shares of the semiconductor company’s stock valued at $293,000 after buying an additional 1,353 shares during the last quarter. PDS Planning Inc boosted its position in ASE Technology by 4.1% in the 3rd quarter. PDS Planning Inc now owns 35,758 shares of the semiconductor company’s stock valued at $269,000 after buying an additional 1,406 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of ASE Technology by 1.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 100,464 shares of the semiconductor company’s stock worth $755,000 after purchasing an additional 1,466 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its position in shares of ASE Technology by 5.5% in the 3rd quarter. Panagora Asset Management Inc. now owns 28,131 shares of the semiconductor company’s stock worth $212,000 after purchasing an additional 1,478 shares during the last quarter. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Stock Down 2.9 %

NYSE:ASX opened at $10.05 on Friday. ASE Technology Holding Co., Ltd. has a 12-month low of $6.70 and a 12-month high of $11.68. The company has a quick ratio of 0.89, a current ratio of 1.16 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $21.95 billion, a P/E ratio of 21.38, a P/E/G ratio of 0.54 and a beta of 1.25. The stock’s fifty day simple moving average is $10.54 and its 200-day simple moving average is $9.26.

ASE Technology (NYSE:ASX) last posted its quarterly earnings results on Wednesday, January 31st. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01. ASE Technology had a return on equity of 10.29% and a net margin of 5.44%. The business had revenue of $5.05 billion for the quarter. During the same quarter in the prior year, the business earned $0.23 earnings per share. Equities research analysts expect that ASE Technology Holding Co., Ltd. will post 0.67 earnings per share for the current year.

ASE Technology Company 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.