Aureus Asset Management LLC Has $112,000 Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Aureus Asset Management LLC cut its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 14.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,438 shares of the semiconductor company’s stock after selling 1,947 shares during the period. Aureus Asset Management LLC’s holdings in ASE Technology were worth $112,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of ASE Technology by 24.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 336,500 shares of the semiconductor company’s stock valued at $3,284,000 after acquiring an additional 66,500 shares during the last quarter. Townsquare Capital LLC increased its holdings in ASE Technology by 27.5% in the third quarter. Townsquare Capital LLC now owns 74,847 shares of the semiconductor company’s stock valued at $731,000 after purchasing an additional 16,130 shares during the period. FMR LLC raised its position in ASE Technology by 152.7% during the 3rd quarter. FMR LLC now owns 185,500 shares of the semiconductor company’s stock worth $1,810,000 after purchasing an additional 112,104 shares during the last quarter. DRW Securities LLC acquired a new position in ASE Technology during the 3rd quarter worth about $810,000. Finally, Fisher Asset Management LLC grew its position in shares of ASE Technology by 10.8% in the 3rd 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 last quarter. 6.80% of the stock is owned by institutional investors.

ASE Technology Stock Up 3.0 %

Shares of NYSE:ASX opened at $10.02 on Tuesday. ASE Technology Holding Co., Ltd. has a 1 year low of $8.10 and a 1 year high of $12.86. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.18 and a quick ratio of 0.89. The business’s 50-day moving average is $9.92 and its 200-day moving average is $10.31. The company has a market capitalization of $21.98 billion, a price-to-earnings ratio of 22.26, a P/E/G ratio of 0.69 and a beta of 1.22.

ASE Technology (NYSE:ASX) last posted its quarterly earnings results on Thursday, October 31st. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The business had revenue of $4.96 billion for the quarter. ASE Technology had a return on equity of 10.05% and a net margin of 5.47%. During the same quarter last year, the firm earned $0.13 EPS. Equities research analysts predict that ASE Technology Holding Co., Ltd. will post 0.48 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on ASX shares. Morgan Stanley raised ASE Technology from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 16th. StockNews.com downgraded shares of ASE Technology from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Finally, UBS Group upgraded shares of ASE Technology from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 15th.

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.