Moran Wealth Management LLC Grows Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Moran Wealth Management LLC grew its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 49.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 522,239 shares of the semiconductor company's stock after buying an additional 173,937 shares during the quarter. Moran Wealth Management LLC's holdings in ASE Technology were worth $5,259,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC boosted its position in ASE Technology by 166.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock valued at $37,000 after buying an additional 2,307 shares during the period. Allworth Financial LP boosted its holdings in ASE Technology by 42.5% in the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 1,104 shares during the period. R Squared Ltd acquired a new position in ASE Technology during the 4th quarter worth $51,000. Wilmington Savings Fund Society FSB acquired a new position in ASE Technology during the 3rd quarter worth $77,000. Finally, Whipplewood Advisors LLC purchased a new stake in shares of ASE Technology during the fourth quarter worth approximately $93,000. Hedge funds and other institutional investors own 6.80% of the company's stock.

ASE Technology Stock Up 1.2 %

ASE Technology stock traded up $0.12 during trading on Friday, reaching $9.65. The stock had a trading volume of 7,896,183 shares, compared to its average volume of 7,616,020. ASE Technology Holding Co., Ltd. has a 52-week low of $8.10 and a 52-week high of $12.86. The business has a 50 day moving average price of $10.36 and a 200 day moving average price of $10.06. 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 $21.29 billion, a PE ratio of 21.43, a P/E/G ratio of 0.47 and a beta of 1.21.

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ASE Technology (NYSE:ASX - Get Free Report) last posted its earnings results 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, 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.