XTX Topco Ltd Cuts Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

XTX Topco Ltd reduced its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 58.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 83,378 shares of the semiconductor company's stock after selling 118,342 shares during the quarter. XTX Topco Ltd's holdings in ASE Technology were worth $840,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of ASX. Steward Partners Investment Advisory LLC grew its holdings in ASE Technology by 166.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock worth $37,000 after acquiring an additional 2,307 shares during the last quarter. Allworth Financial LP boosted its stake in shares of 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 last quarter. R Squared Ltd bought a new position in shares of ASE Technology in the fourth quarter valued at $51,000. Wilmington Savings Fund Society FSB acquired a new position in shares of ASE Technology during the 3rd quarter worth about $77,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of ASE Technology in the fourth quarter valued at approximately $93,000. 6.80% of the stock is owned by institutional investors.

ASE Technology Stock Performance

ASX stock traded up $0.15 during mid-day trading on Tuesday, hitting $8.16. 4,874,650 shares of the company were exchanged, compared to its average volume of 8,524,173. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $18.01 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a 1-year low of $6.94 and a 1-year high of $12.86. The business has a 50 day simple moving average of $9.41 and a 200-day simple moving average of $9.86.

ASE Technology (NYSE:ASX - Get Free Report) last released its quarterly earnings data 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 analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.

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.