Natixis Advisors LLC Sells 94,176 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Natixis Advisors LLC reduced its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,140,972 shares of the semiconductor company's stock after selling 94,176 shares during the quarter. Natixis Advisors LLC owned about 0.10% of ASE Technology worth $21,560,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ASX. Fisher Asset Management LLC boosted its stake in ASE Technology by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock worth $157,843,000 after acquiring an additional 507,008 shares in the last quarter. Citigroup Inc. boosted its position in shares of ASE Technology by 9.7% during the 3rd quarter. Citigroup Inc. now owns 4,323,059 shares of the semiconductor company's stock worth $42,193,000 after purchasing an additional 382,425 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of ASE Technology by 103.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company's stock valued at $34,855,000 after buying an additional 1,818,753 shares during the period. TT International Asset Management LTD increased its position in ASE Technology by 14.8% in the 3rd quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company's stock valued at $20,140,000 after buying an additional 265,767 shares in the last quarter. Finally, NINE MASTS CAPITAL Ltd increased its position in 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 buying an additional 171,463 shares in the last quarter. 6.80% of the stock is currently owned by institutional investors.

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ASE Technology Stock Down 0.8 %

NYSE:ASX traded down $0.08 on Friday, hitting $9.76. The stock had a trading volume of 8,435,841 shares, compared to its average volume of 7,648,027. The company has a market cap of $21.53 billion, a PE ratio of 21.68, a P/E/G ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a 52 week low of $8.10 and a 52 week high of $12.86. The business's fifty day moving average is $10.27 and its 200 day moving average is $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.

ASE Technology (NYSE:ASX - Get Free Report) last issued 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 return on equity of 9.86% and a net margin of 5.44%. On average, equities research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal 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.