Seeds Investor LLC Trims Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Seeds Investor LLC cut its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 15.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 10,359 shares of the semiconductor company’s stock after selling 1,823 shares during the quarter. Seeds Investor LLC’s holdings in ASE Technology were worth $104,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Steward Partners Investment Advisory LLC lifted its position in shares of ASE Technology by 166.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 2,307 shares in the last quarter. Allworth Financial LP lifted its holdings in ASE Technology by 42.5% during the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 1,104 shares in the last quarter. R Squared Ltd bought a new position in shares of ASE Technology in the fourth quarter worth approximately $51,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of ASE Technology in the third quarter worth $77,000. Finally, Whipplewood Advisors LLC bought a new stake in shares of ASE Technology during the 4th quarter valued at $93,000. Institutional investors own 6.80% of the company’s stock.

ASE Technology Trading Down 1.0 %

Shares of ASE Technology stock opened at $8.22 on Tuesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The company has a fifty day moving average of $9.61 and a 200 day moving average of $9.91. The company has a market capitalization of $18.15 billion, a P/E ratio of 18.27, a P/E/G ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a fifty-two week low of $6.94 and a fifty-two week high of $12.86.

ASE Technology (NYSE:ASX) last released 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%. On average, sell-side analysts anticipate 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.