77,527 Shares in ASE Technology Holding Co., Ltd. $ASX Purchased by Triglav Investments D.O.O.

Triglav Investments D.O.O. bought a new position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 77,527 shares of the semiconductor company’s stock, valued at approximately $1,248,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nisa Investment Advisors LLC bought a new stake in shares of ASE Technology during the 4th quarter worth about $27,000. Eagle Bay Advisors LLC bought a new stake in shares of ASE Technology during the 4th quarter worth about $32,000. SBI Securities Co. Ltd. boosted its holdings in shares of ASE Technology by 256.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 2,495 shares of the semiconductor company’s stock worth $40,000 after buying an additional 1,795 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of ASE Technology by 1,704.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the semiconductor company’s stock worth $30,000 after buying an additional 2,506 shares during the period. Finally, WealthCollab LLC boosted its holdings in shares of ASE Technology by 55.2% during the 2nd quarter. WealthCollab LLC now owns 4,850 shares of the semiconductor company’s stock worth $50,000 after buying an additional 1,726 shares during the period. Institutional investors own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on ASX. Wall Street Zen raised shares of ASE Technology from a “hold” rating to a “buy” rating in a report on Sunday, April 5th. Zacks Research upgraded shares of ASE Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy”.

ASE Technology Price Performance

Shares of NYSE:ASX opened at $38.29 on Friday. The firm has a 50 day moving average of $29.05 and a 200-day moving average of $22.20. The stock has a market capitalization of $85.13 billion, a PE ratio of 56.31, a PEG ratio of 0.81 and a beta of 1.68. The company has a current ratio of 1.15, a quick ratio of 0.89 and a debt-to-equity ratio of 0.53. ASE Technology Holding Co., Ltd. has a 12 month low of $9.23 and a 12 month high of $41.10.

ASE Technology (NYSE:ASX) last issued its earnings results on Wednesday, April 29th. The semiconductor company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. The company had revenue of $5.43 billion during the quarter, compared to analysts’ expectations of $5.32 billion. ASE Technology had a net margin of 7.03% and a return on equity of 13.48%. On average, equities research analysts predict that ASE Technology Holding Co., Ltd. will post 1.05 EPS for the current fiscal year.

ASE Technology Company Profile

ASE Technology Holding Co, Ltd. (NYSE: ASX), commonly referred to as ASE, is a Taiwan-based provider of semiconductor assembly and testing services. The company focuses on back-end semiconductor manufacturing and related services that prepare integrated circuits and other semiconductor devices for final use. Its core activities include advanced IC packaging, final testing, wafer probing, and related engineering and supply-chain support for semiconductor customers.

ASE offers a range of products and technical capabilities designed to meet increasingly complex packaging and system-in-package requirements.