16,700 Shares in ASE Technology Holding Co., Ltd. (NYSE:ASX) Purchased by Cambiar Investors LLC

Cambiar Investors LLC bought a new stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) in the fourth quarter, Holdings Channel reports. The fund bought 16,700 shares of the semiconductor company’s stock, valued at approximately $168,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of ASX. Fisher Asset Management LLC boosted its stake in 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 valued at $148,036,000 after buying an additional 1,481,424 shares during the period. Citigroup Inc. raised its holdings 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 in the last quarter. JPMorgan Chase & Co. boosted its position in shares of ASE Technology by 103.8% during 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 grew its holdings in shares of ASE Technology by 14.8% during 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 purchasing an additional 265,767 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. increased its position in shares of ASE Technology by 3.3% in the third quarter. Oppenheimer Asset Management Inc. now owns 562,892 shares of the semiconductor company’s stock worth $5,494,000 after purchasing an additional 18,095 shares during the last quarter. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Stock Up 0.5 %

ASX opened at $10.34 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 1.18 and a debt-to-equity ratio of 0.38. The business’s fifty day simple moving average is $10.25 and its 200 day simple moving average is $9.94. ASE Technology Holding Co., Ltd. has a 52 week low of $8.10 and a 52 week high of $12.86. The stock has a market cap of $22.69 billion, a PE ratio of 22.97, a P/E/G ratio of 0.42 and a beta of 1.17.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of ASE Technology from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 15th.

About ASE Technology

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.