Thrivent Financial for Lutherans Sells 121,520 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Thrivent Financial for Lutherans decreased its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 91.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,063 shares of the semiconductor company’s stock after selling 121,520 shares during the quarter. Thrivent Financial for Lutherans’ holdings in ASE Technology were worth $108,000 as of its most recent SEC filing.

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

ASE Technology Stock Down 6.1 %

Shares of ASX opened at $7.70 on Friday. The business’s fifty day moving average price is $9.93 and its two-hundred day moving average price is $10.03. The firm has a market capitalization of $17.00 billion, a price-to-earnings ratio of 17.12, a PEG ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a 52 week low of $7.53 and a 52 week high of $12.86. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19.

ASE Technology (NYSE:ASX) last posted its quarterly 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 net margin of 5.44% and a return on equity of 9.86%. On average, analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current 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.