ASE Technology Holding Co., Ltd. (NYSE:ASX) Stock Position Increased by Inspire Advisors LLC

Inspire Advisors LLC grew its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 12.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,517 shares of the semiconductor company’s stock after purchasing an additional 1,844 shares during the period. Inspire Advisors LLC’s holdings in ASE Technology were worth $166,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ASX. Oppenheimer Asset Management Inc. grew its holdings in ASE Technology by 3.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 562,892 shares of the semiconductor company’s stock worth $5,494,000 after buying an additional 18,095 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in ASE Technology by 16.5% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 17,193 shares of the semiconductor company’s stock worth $168,000 after acquiring an additional 2,431 shares during the period. Thrivent Financial for Lutherans grew its stake in shares of ASE Technology by 9.1% in the third quarter. Thrivent Financial for Lutherans now owns 132,583 shares of the semiconductor company’s stock worth $1,294,000 after purchasing an additional 11,063 shares in the last quarter. Caprock Group LLC increased its holdings in shares of ASE Technology by 5.9% during the third quarter. Caprock Group LLC now owns 91,688 shares of the semiconductor company’s stock valued at $895,000 after purchasing an additional 5,074 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of ASE Technology by 7.2% during the third quarter. PNC Financial Services Group Inc. now owns 133,294 shares of the semiconductor company’s stock valued at $1,301,000 after purchasing an additional 8,980 shares in the last quarter. Institutional investors and hedge funds own 6.80% of the company’s stock.

ASE Technology Stock Performance

ASX stock opened at $9.53 on Friday. The company has a market capitalization of $21.03 billion, a P/E ratio of 21.17, a PEG 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. The company has a 50-day simple moving average of $10.37 and a 200 day simple moving average 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 earnings per share 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%. Sell-side analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal 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.