Principal Securities Inc. Has $26,000 Stock Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Principal Securities Inc. reduced its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 39.9% during the 4th quarter, Holdings Channel reports. The fund owned 2,630 shares of the semiconductor company’s stock after selling 1,746 shares during the period. Principal Securities Inc.’s holdings in ASE Technology were worth $26,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in ASE Technology by 103.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company’s stock worth $34,855,000 after purchasing an additional 1,818,753 shares during the last quarter. Fisher Asset Management LLC increased its position in ASE Technology by 10.8% during the 3rd quarter. Fisher Asset Management LLC now owns 15,167,615 shares of the semiconductor company’s stock worth $148,036,000 after buying an additional 1,481,424 shares during the period. Citigroup Inc. boosted its holdings in ASE Technology by 9.7% in the 3rd quarter. Citigroup Inc. now owns 4,323,059 shares of the semiconductor company’s stock valued at $42,193,000 after purchasing an additional 382,425 shares during the period. TT International Asset Management LTD boosted its stake in shares of ASE Technology by 14.8% in the third quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company’s stock valued at $20,140,000 after buying an additional 265,767 shares during the period. Finally, Pinpoint Asset Management Ltd bought a new stake in shares of ASE Technology in the third quarter valued at approximately $1,983,000. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Price Performance

Shares of NYSE ASX opened at $10.15 on Friday. The stock has a market capitalization of $22.39 billion, a PE ratio of 22.54, a P/E/G ratio of 0.47 and a beta of 1.17. 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 $10.44 and a two-hundred day moving average price of $10.06. ASE Technology Holding Co., Ltd. has a fifty-two week low of $8.10 and a fifty-two week high of $12.86.

ASE Technology (NYSE:ASX) last issued its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, equities analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal 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.