Summit Global Investments Buys Shares of 159,065 ASE Technology Holding Co., Ltd. (NYSE:ASX)

Summit Global Investments purchased a new position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 159,065 shares of the semiconductor company's stock, valued at approximately $1,602,000.

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

ASE Technology Stock Down 1.1 %

ASE Technology stock traded down $0.11 during midday trading on Tuesday, reaching $9.78. The company's stock had a trading volume of 4,133,059 shares, compared to its average volume of 7,656,019. The business has a 50-day simple moving average of $10.25 and a 200-day simple moving average of $10.07. The company has a market cap of $21.58 billion, a P/E ratio of 21.72, a P/E/G ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a fifty-two week low of $8.10 and a fifty-two week 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.

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ASE Technology (NYSE:ASX - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share 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, research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

ASE Technology 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.