NINE MASTS CAPITAL Ltd Grows Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

NINE MASTS CAPITAL Ltd boosted its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 17.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,162,852 shares of the semiconductor company's stock after acquiring an additional 171,463 shares during the quarter. ASE Technology accounts for about 2.1% of NINE MASTS CAPITAL Ltd's investment portfolio, making the stock its 7th largest position. NINE MASTS CAPITAL Ltd owned 0.05% of ASE Technology worth $11,710,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in ASE Technology by 103.8% in the third quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company's stock valued at $34,855,000 after purchasing an additional 1,818,753 shares in the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of ASE Technology by 16.5% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 17,193 shares of the semiconductor company's stock worth $168,000 after acquiring an additional 2,431 shares during the last quarter. TT International Asset Management LTD grew its position in ASE Technology by 14.8% in the third quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company's stock worth $20,140,000 after acquiring an additional 265,767 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in ASE Technology during the fourth quarter valued at about $710,000. Finally, Y Intercept Hong Kong Ltd lifted its stake in ASE Technology by 28.8% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 149,965 shares of the semiconductor company's stock worth $1,510,000 after purchasing an additional 33,542 shares during the last quarter. Hedge funds and other institutional investors own 6.80% of the company's stock.

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ASE Technology Price Performance

NYSE:ASX traded down $0.37 during mid-day trading on Thursday, reaching $9.92. The stock had a trading volume of 10,885,225 shares, compared to its average volume of 10,547,377. ASE Technology Holding Co., Ltd. has a one year low of $8.10 and a one year high of $12.86. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The firm has a 50 day moving average price of $10.41 and a two-hundred day moving average price of $10.07. The stock has a market capitalization of $21.89 billion, a P/E ratio of 22.04, a P/E/G ratio of 0.47 and a beta of 1.17.

ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.03). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. As a group, analysts expect 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.