Park Avenue Securities LLC Has $345,000 Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Park Avenue Securities LLC cut its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 3.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,343 shares of the semiconductor company’s stock after selling 1,382 shares during the quarter. Park Avenue Securities LLC’s holdings in ASE Technology were worth $345,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ASX. Steward Partners Investment Advisory LLC grew its holdings in shares of ASE Technology by 166.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 2,307 shares during the last quarter. Allworth Financial LP boosted its holdings in ASE Technology by 42.5% in the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 1,104 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in ASE Technology in the fourth quarter valued at approximately $93,000. GeoWealth Management LLC boosted its holdings in ASE Technology by 75.3% in the fourth quarter. GeoWealth Management LLC now owns 10,071 shares of the semiconductor company’s stock valued at $101,000 after acquiring an additional 4,327 shares during the last quarter. Finally, Xponance Inc. bought a new stake in ASE Technology in the fourth quarter valued at approximately $103,000. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Stock Performance

Shares of ASX stock opened at $10.06 on Monday. The business’s 50 day simple moving average is $9.18 and its 200 day simple moving average is $9.74. ASE Technology Holding Co., Ltd. has a one year low of $6.94 and a one year high of $12.86. The stock has a market capitalization of $22.20 billion, a PE ratio of 22.34, a PEG ratio of 0.47 and a beta of 1.23. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93.

ASE Technology (NYSE:ASX) last issued its quarterly earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. The business had revenue of $4.59 billion during the quarter, compared to analyst estimates of $143.62 billion. As a group, research analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.

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.