Legacy Wealth Asset Management LLC Has $2.62 Million Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Legacy Wealth Asset Management LLC grew its position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 26.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 268,211 shares of the semiconductor company's stock after buying an additional 56,317 shares during the period. ASE Technology makes up 0.7% of Legacy Wealth Asset Management LLC's holdings, making the stock its 21st biggest position. Legacy Wealth Asset Management LLC's holdings in ASE Technology were worth $2,618,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of ASX. Lazard Asset Management LLC grew its position in ASE Technology by 2.8% during the first quarter. Lazard Asset Management LLC now owns 21,308,753 shares of the semiconductor company's stock worth $234,182,000 after buying an additional 584,333 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of ASE Technology by 89.7% during the 1st quarter. Acadian Asset Management LLC now owns 9,861,612 shares of the semiconductor company's stock worth $108,364,000 after purchasing an additional 4,664,258 shares in the last quarter. Earnest Partners LLC increased its position in shares of ASE Technology by 10.4% in the second quarter. Earnest Partners LLC now owns 2,840,090 shares of the semiconductor company's stock worth $32,434,000 after purchasing an additional 266,991 shares during the period. American Century Companies Inc. raised its stake in ASE Technology by 3.4% in the second quarter. American Century Companies Inc. now owns 1,939,422 shares of the semiconductor company's stock valued at $22,148,000 after purchasing an additional 63,237 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in ASE Technology by 3.3% during the first quarter. BNP Paribas Financial Markets now owns 1,575,343 shares of the semiconductor company's stock worth $17,313,000 after purchasing an additional 50,930 shares during the period. Institutional investors own 6.80% of the company's stock.

ASE Technology Price Performance

ASE Technology stock traded up $0.20 during midday trading on Friday, reaching $10.32. The company's stock had a trading volume of 7,585,089 shares, compared to its average volume of 6,809,845. The stock has a market cap of $22.62 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 0.65 and a beta of 1.22. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.33. ASE Technology Holding Co., Ltd. has a 52 week low of $7.33 and a 52 week high of $12.86. The business has a 50-day moving average price of $9.86 and a 200-day moving average price of $10.43.

ASE Technology (NYSE:ASX - Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. ASE Technology had a net margin of 5.38% and a return on equity of 9.90%. The business had revenue of $4.33 billion during the quarter. During the same quarter in the prior year, the company earned $0.12 earnings per share. On average, sell-side analysts predict that ASE Technology Holding Co., Ltd. will post 0.51 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ASX shares. Morgan Stanley raised shares of ASE Technology from an "equal weight" rating to an "overweight" rating in a report on Monday, September 16th. StockNews.com downgraded shares of ASE Technology from a "buy" rating to a "hold" rating in a research report on Friday, September 20th. Finally, UBS Group raised ASE Technology from a "neutral" rating to a "buy" rating in a report on Tuesday, October 15th.

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.