ASE Technology Holding Co., Ltd. (NYSE:ASX) Stake Lowered by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC decreased its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 521,911 shares of the semiconductor company's stock after selling 49,045 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in ASE Technology were worth $5,256,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of ASE Technology by 103.8% during 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 during the last quarter. TT International Asset Management LTD raised its holdings in ASE Technology by 14.8% during the 3rd quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company's stock worth $20,140,000 after buying an additional 265,767 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in ASE Technology during the fourth quarter valued at about $710,000. 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 valued at $1,510,000 after buying an additional 33,542 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of ASE Technology by 9.3% in the fourth quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company's stock worth $8,114,000 after buying an additional 68,654 shares during the period. Institutional investors own 6.80% of the company's stock.

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ASE Technology Trading Down 6.1 %

Shares of ASX stock traded down $0.50 during trading hours on Friday, reaching $7.70. 19,206,754 shares of the stock traded hands, compared to its average volume of 8,050,541. The business has a fifty day moving average price of $9.93 and a 200 day moving average price of $10.03. ASE Technology Holding Co., Ltd. has a 1-year low of $7.53 and a 1-year 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 firm has a market capitalization of $17.00 billion, a PE ratio of 17.12, a PEG ratio of 0.47 and a beta of 1.21.

ASE Technology (NYSE:ASX - Get Free Report) last released its earnings results 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%. On average, equities research analysts forecast 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.