Bleakley Financial Group LLC Acquires 1,353 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Bleakley Financial Group LLC lifted its position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 4.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 31,170 shares of the semiconductor company’s stock after buying an additional 1,353 shares during the quarter. Bleakley Financial Group LLC’s holdings in ASE Technology were worth $293,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC bought a new position in shares of ASE Technology during the third quarter worth approximately $38,000. Employees Retirement System of Texas bought a new position in shares of ASE Technology during the fourth quarter worth approximately $53,000. Russell Investments Group Ltd. increased its stake in shares of ASE Technology by 212.7% during the first quarter. Russell Investments Group Ltd. now owns 7,661 shares of the semiconductor company’s stock worth $61,000 after purchasing an additional 5,211 shares during the period. Bridgefront Capital LLC bought a new position in shares of ASE Technology during the fourth quarter worth approximately $64,000. Finally, Penserra Capital Management LLC increased its stake in shares of ASE Technology by 50.1% during the fourth quarter. Penserra Capital Management LLC now owns 10,413 shares of the semiconductor company’s stock worth $65,000 after purchasing an additional 3,474 shares during the period. Institutional investors own 6.80% of the company’s stock.

ASE Technology Price Performance

Shares of NYSE ASX opened at $10.82 on Tuesday. The firm has a market cap of $23.63 billion, a P/E ratio of 23.02, a price-to-earnings-growth ratio of 0.56 and a beta of 1.25. The company has a current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. ASE Technology Holding Co., Ltd. has a 1-year low of $6.70 and a 1-year high of $11.68. The business’s 50 day moving average is $10.46 and its 200-day moving average is $9.19.

ASE Technology (NYSE:ASX) last issued its quarterly earnings results on Wednesday, January 31st. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $5.05 billion for the quarter. ASE Technology had a return on equity of 10.29% and a net margin of 5.44%. During the same period in the prior year, the company earned $0.23 EPS. Equities research analysts predict that ASE Technology Holding Co., Ltd. will post 0.67 earnings per share for the current 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.