ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Sold by Mizuho Securities Co. Ltd.

Mizuho Securities Co. Ltd. lessened its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 72.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,980 shares of the semiconductor company’s stock after selling 133,540 shares during the quarter. ASE Technology comprises about 7.7% of Mizuho Securities Co. Ltd.’s holdings, making the stock its 3rd biggest holding. Mizuho Securities Co. Ltd.’s holdings in ASE Technology were worth $507,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in ASX. JPMorgan Chase & Co. increased 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 period. Fisher Asset Management LLC increased its stake in shares of ASE Technology by 10.8% during the third 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. Ashton Thomas Private Wealth LLC acquired a new stake in ASE Technology in the fourth quarter valued at approximately $3,288,000. TT International Asset Management LTD lifted its stake in 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 worth $20,140,000 after acquiring an additional 265,767 shares during the last quarter. Finally, Pinpoint Asset Management Ltd acquired a new position in ASE Technology during the 3rd quarter worth approximately $1,983,000. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Price Performance

Shares of ASX opened at $9.77 on Wednesday. The firm has a market capitalization of $21.57 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 0.47 and a beta of 1.21. The firm’s fifty day simple moving average is $10.24 and its 200-day simple moving average is $10.08. ASE Technology Holding Co., Ltd. has a twelve month low of $8.10 and a twelve month high of $12.86. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40.

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