Wealth Alliance Purchases 2,483 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Wealth Alliance lifted its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 10.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,931 shares of the semiconductor company’s stock after purchasing 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 recently made changes to their positions in ASX. Lazard Asset Management LLC increased its holdings in shares of ASE Technology by 15.9% in the first quarter. Lazard Asset Management LLC now owns 16,191,596 shares of the semiconductor company’s stock worth $114,796,000 after purchasing an additional 2,225,409 shares during the last quarter. UBS Group AG grew its position in ASE Technology by 16.4% in the third quarter. UBS Group AG now owns 11,456,224 shares of the semiconductor company’s stock worth $86,151,000 after acquiring an additional 1,612,295 shares in the last quarter. Goldman Sachs Group Inc. grew its position in ASE Technology by 70.2% in the second quarter. Goldman Sachs Group Inc. now owns 2,456,785 shares of the semiconductor company’s stock worth $19,138,000 after acquiring an additional 1,013,052 shares in the last quarter. Acadian Asset Management LLC grew its position in ASE Technology by 16.5% in the third quarter. Acadian Asset Management LLC now owns 6,549,328 shares of the semiconductor company’s stock worth $49,238,000 after acquiring an additional 927,795 shares in the last quarter. Finally, BlackRock Inc. grew its position in ASE Technology by 11.8% in the second quarter. BlackRock Inc. now owns 8,226,038 shares of the semiconductor company’s stock worth $64,081,000 after acquiring an additional 866,926 shares in the last quarter. 6.80% of the stock is owned by institutional investors.

ASE Technology Trading Down 2.3 %

ASX opened at $10.35 on Friday. The firm has a market cap of $22.60 billion, a P/E ratio of 22.02, a P/E/G ratio of 0.56 and a beta of 1.25. 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 current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average of $10.53 and a 200 day moving average of $9.23.

ASE Technology (NYSE:ASX) last announced its earnings results on Wednesday, January 31st. The semiconductor company reported $0.13 earnings per share (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 business had revenue of $5.05 billion during the quarter. During the same quarter last year, the firm earned $0.23 EPS. As a group, research analysts forecast that ASE Technology Holding Co., Ltd. will post 0.67 EPS for the current 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.