Raymond James & Associates Increases Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Raymond James & Associates boosted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,627 shares of the semiconductor company’s stock after acquiring an additional 3,675 shares during the quarter. Raymond James & Associates’ holdings in ASE Technology were worth $589,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. PDS Planning Inc raised its position in ASE Technology by 4.1% during the third quarter. PDS Planning Inc now owns 35,758 shares of the semiconductor company’s stock valued at $269,000 after acquiring an additional 1,406 shares in the last quarter. Bank of New York Mellon Corp raised its position in ASE Technology by 1.5% during the third quarter. Bank of New York Mellon Corp now owns 100,464 shares of the semiconductor company’s stock valued at $755,000 after acquiring an additional 1,466 shares in the last quarter. Panagora Asset Management Inc. raised its position in ASE Technology by 5.5% during the third quarter. Panagora Asset Management Inc. now owns 28,131 shares of the semiconductor company’s stock valued at $212,000 after acquiring an additional 1,478 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in ASE Technology by 2.1% during the third quarter. Sequoia Financial Advisors LLC now owns 102,413 shares of the semiconductor company’s stock valued at $770,000 after acquiring an additional 2,147 shares in the last quarter. Finally, Curated Wealth Partners LLC raised its position in ASE Technology by 17.9% during the fourth quarter. Curated Wealth Partners LLC now owns 21,315 shares of the semiconductor company’s stock valued at $201,000 after acquiring an additional 3,234 shares in the last quarter. 6.80% of the stock is currently owned by hedge funds and other institutional investors.

ASE Technology Stock Down 2.1 %

Shares of ASX stock opened at $10.15 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. ASE Technology Holding Co., Ltd. has a twelve month low of $6.70 and a twelve month high of $11.68. The stock has a 50 day moving average of $10.59 and a 200 day moving average of $9.32. The stock has a market cap of $22.25 billion, a P/E ratio of 21.60, a P/E/G ratio of 0.53 and a beta of 1.25.

ASE Technology (NYSE:ASX) last issued its quarterly earnings data on Wednesday, January 31st. The semiconductor company reported $0.13 EPS for the quarter, beating 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 company had revenue of $5.05 billion for the quarter. During the same period in the previous year, the business posted $0.23 earnings per share. As a group, sell-side analysts expect that ASE Technology Holding Co., Ltd. will post 0.67 EPS 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.