Natixis Advisors LLC Reduces Stock Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Natixis Advisors LLC trimmed its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 4.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,140,972 shares of the semiconductor company’s stock after selling 94,176 shares during the period. Natixis Advisors LLC’s holdings in ASE Technology were worth $21,560,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP lifted its position in shares of ASE Technology by 42.5% during the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 1,104 shares in the last quarter. Aaron Wealth Advisors LLC lifted its position in shares of ASE Technology by 5.9% during the 4th quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company’s stock valued at $246,000 after buying an additional 1,370 shares in the last quarter. Inspire Advisors LLC lifted its position in shares of ASE Technology by 12.6% during the 4th quarter. Inspire Advisors LLC now owns 16,517 shares of the semiconductor company’s stock valued at $166,000 after buying an additional 1,844 shares in the last quarter. Wealthstream Advisors Inc. lifted its position in shares of ASE Technology by 14.8% during the 4th quarter. Wealthstream Advisors Inc. now owns 15,154 shares of the semiconductor company’s stock valued at $153,000 after buying an additional 1,955 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of ASE Technology by 28.0% during the 4th quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock valued at $96,000 after buying an additional 2,083 shares in the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

ASE Technology Stock Up 1.1 %

ASX stock opened at $9.76 on Tuesday. ASE Technology Holding Co., Ltd. has a twelve month low of $8.10 and a twelve month high of $12.86. 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 stock has a market cap of $21.55 billion, a P/E ratio of 21.70, a PEG ratio of 0.47 and a beta of 1.21. The business’s 50-day moving average price is $10.33 and its 200-day moving average price is $10.06.

ASE Technology (NYSE:ASX) last posted its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS 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%. On average, equities research analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.