Natixis Advisors LLC Cuts Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Natixis Advisors LLC reduced its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,140,972 shares of the semiconductor company’s stock after selling 94,176 shares during the period. Natixis Advisors LLC owned approximately 0.10% of ASE Technology worth $21,560,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Allworth Financial LP grew its stake in shares of ASE Technology by 42.5% in the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 1,104 shares during the last quarter. Aaron Wealth Advisors LLC boosted its position in shares of ASE Technology by 5.9% during the fourth 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 during the last quarter. Inspire Advisors LLC boosted its position in shares of ASE Technology by 12.6% during the fourth 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 during the last quarter. Wealthstream Advisors Inc. boosted its position in shares of ASE Technology by 14.8% during the fourth 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 during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of ASE Technology by 28.0% during the fourth 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 during the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

ASE Technology Trading Up 1.1 %

ASE Technology stock opened at $9.76 on Tuesday. 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 Holding Co., Ltd. has a one year low of $8.10 and a one year high of $12.86. The stock has a market capitalization of $21.55 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The business’s fifty day moving average is $10.33 and its 200 day moving average is $10.06.

ASE Technology (NYSE:ASX) last released its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 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, sell-side analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current year.

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.