20,320 ASE Technology Holding Co., Ltd. $ASX Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. boosted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 23.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 106,395 shares of the semiconductor company’s stock after buying an additional 20,320 shares during the period. Vise Technologies Inc.’s holdings in ASE Technology were worth $4,730,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Nilsine Partners LLC bought a new stake in ASE Technology in the second quarter worth $1,278,000. Nykredit A S bought a new position in ASE Technology during the second quarter valued at $14,247,000. Navellier & Associates Inc. bought a new position in ASE Technology during the second quarter valued at $3,975,000. Blue Jean Financial LLC purchased a new stake in shares of ASE Technology in the third quarter valued at $4,168,000. Finally, Hsbc Holdings PLC raised its stake in shares of ASE Technology by 7.5% in the first quarter. Hsbc Holdings PLC now owns 2,014,412 shares of the semiconductor company’s stock valued at $43,654,000 after acquiring an additional 140,628 shares during the period. Hedge funds and other institutional investors own 6.80% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of ASE Technology from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, October 9th. Zacks Research upgraded shares of ASE Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 22nd. Finally, Wall Street Zen raised shares of ASE Technology from a “hold” rating to a “buy” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, ASE Technology currently has an average rating of “Strong Buy”.

ASE Technology Trading Down 0.1%

Shares of NYSE ASX opened at $39.12 on Wednesday. ASE Technology Holding Co., Ltd. has a fifty-two week low of $13.35 and a fifty-two week high of $47.93. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.88 and a current ratio of 1.16. The company has a market cap of $87.44 billion, a price-to-earnings ratio of 36.56 and a beta of 1.79. The business’s 50 day moving average price is $41.59 and its 200-day moving average price is $33.41.

ASE Technology (NYSE:ASX) last posted its quarterly earnings data on Thursday, October 29th. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.03. ASE Technology had a return on equity of 18.97% and a net margin of 9.77%. The company had revenue of $7.66 billion during the quarter, compared to analysts’ expectations of $7.30 billion. On average, sell-side analysts expect that ASE Technology Holding Co., Ltd. will post 1.31 earnings per share for the current year.

ASE Technology Company Profile

ASE Technology Holding Co, Ltd. is a Taiwan-based provider of semiconductor manufacturing services. Through its subsidiaries, the company offers outsourced semiconductor assembly and test services, helping chip designers and manufacturers package, assemble and evaluate integrated circuits after wafer fabrication.

Its services include wafer probing, wafer bumping, semiconductor packaging, final testing and advanced packaging technologies such as flip-chip, system-in-package and fan-out solutions.