Moran Wealth Management LLC Has $5.26 Million Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Moran Wealth Management LLC raised its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 49.9% during the fourth quarter, HoldingsChannel reports. The firm owned 522,239 shares of the semiconductor company’s stock after acquiring an additional 173,937 shares during the quarter. Moran Wealth Management LLC’s holdings in ASE Technology were worth $5,259,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Fisher Asset Management LLC lifted its stake in shares of ASE Technology by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company’s stock valued at $157,843,000 after acquiring an additional 507,008 shares during the last quarter. Citigroup Inc. lifted its stake in shares of 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 acquiring an additional 382,425 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of ASE Technology by 103.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company’s stock valued at $34,855,000 after acquiring an additional 1,818,753 shares during the last quarter. TT International Asset Management LTD lifted its stake in shares of ASE Technology by 14.8% in the 3rd quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company’s stock valued at $20,140,000 after acquiring an additional 265,767 shares during the last quarter. Finally, NINE MASTS CAPITAL Ltd lifted its stake in shares of ASE Technology by 17.3% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,162,852 shares of the semiconductor company’s stock valued at $11,710,000 after acquiring an additional 171,463 shares during the last quarter. Institutional investors and hedge funds own 6.80% of the company’s stock.

ASE Technology Stock Down 4.8 %

Shares of NYSE:ASX opened at $9.57 on Tuesday. The firm has a market cap of $21.11 billion, a P/E ratio of 21.26, a P/E/G ratio of 0.47 and a beta of 1.21. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40. ASE Technology Holding Co., Ltd. has a 12-month low of $8.10 and a 12-month high of $12.86. The business has a fifty day simple moving average of $10.40 and a 200 day simple moving average of $10.07.

ASE Technology (NYSE:ASX) last announced its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (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%. Analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share 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.