Amundi Grows Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Amundi increased its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 30.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 171,930 shares of the semiconductor company’s stock after acquiring an additional 40,387 shares during the period. Amundi’s holdings in ASE Technology were worth $1,850,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Larson Financial Group LLC increased its position in shares of ASE Technology by 12.2% during the 4th quarter. Larson Financial Group LLC now owns 242,946 shares of the semiconductor company’s stock valued at $2,446,000 after purchasing an additional 26,395 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in ASE Technology during the fourth quarter valued at approximately $3,288,000. Vestmark Advisory Solutions Inc. purchased a new stake in ASE Technology during the fourth quarter valued at approximately $147,000. Raymond James Financial Inc. bought a new position in ASE Technology in the fourth quarter worth approximately $1,102,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of ASE Technology during the 4th quarter worth $320,000. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Trading Up 1.1 %

NYSE:ASX opened at $9.76 on Tuesday. The firm has a market capitalization of $21.55 billion, a price-to-earnings ratio of 21.70, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93. The business has a fifty day moving average price of $10.33 and a 200-day moving average price of $10.06. ASE Technology Holding Co., Ltd. has a one year low of $8.10 and a one year high of $12.86.

ASE Technology (NYSE:ASX) last posted its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. Sell-side analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.