ASE Technology Holding Co., Ltd. (NYSE:ASX) Stake Lessened by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC trimmed its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 12.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,169 shares of the semiconductor company’s stock after selling 5,089 shares during the period. Schechter Investment Advisors LLC’s holdings in ASE Technology were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. NINE MASTS CAPITAL Ltd increased its holdings in shares of ASE Technology by 17.3% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,162,852 shares of the semiconductor company’s stock valued at $11,710,000 after purchasing an additional 171,463 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of ASE Technology by 160.7% during the fourth quarter. Jones Financial Companies Lllp now owns 11,482 shares of the semiconductor company’s stock worth $116,000 after purchasing an additional 7,078 shares during the period. Fisher Asset Management LLC increased its stake in ASE Technology by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company’s stock valued at $157,843,000 after buying an additional 507,008 shares during the period. Proficio Capital Partners LLC acquired a new position in ASE Technology in the 4th quarter valued at approximately $320,000. Finally, Cable Hill Partners LLC lifted its position in ASE Technology by 8.0% in the 4th quarter. Cable Hill Partners LLC now owns 41,685 shares of the semiconductor company’s stock worth $420,000 after buying an additional 3,074 shares in the last quarter. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Trading Up 3.1 %

NYSE ASX opened at $10.29 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40. ASE Technology Holding Co., Ltd. has a 1-year low of $8.10 and a 1-year high of $12.86. The firm’s fifty day simple moving average is $10.42 and its 200-day simple moving average is $10.06. The company has a market capitalization of $22.72 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 0.47 and a beta of 1.17.

ASE Technology (NYSE:ASX) last issued its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, sell-side analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal 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.