ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Sold by Natixis Advisors L.P.

Natixis Advisors L.P. cut its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 7.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,385,346 shares of the semiconductor company’s stock after selling 193,295 shares during the quarter. Natixis Advisors L.P. owned 0.11% of ASE Technology worth $22,446,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bleakley Financial Group LLC lifted its position in shares of ASE Technology by 4.5% during the fourth quarter. Bleakley Financial Group LLC now owns 31,170 shares of the semiconductor company’s stock worth $293,000 after purchasing an additional 1,353 shares in the last quarter. Simplicity Solutions LLC grew its stake in shares of ASE Technology by 4.5% in the fourth quarter. Simplicity Solutions LLC now owns 31,170 shares of the semiconductor company’s stock worth $293,000 after acquiring an additional 1,353 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of ASE Technology by 1.5% during the third quarter. Bank of New York Mellon Corp now owns 100,464 shares of the semiconductor company’s stock worth $755,000 after acquiring an additional 1,466 shares during the period. Panagora Asset Management Inc. raised its stake in shares of ASE Technology by 5.5% in the third quarter. Panagora Asset Management Inc. now owns 28,131 shares of the semiconductor company’s stock valued at $212,000 after acquiring an additional 1,478 shares in the last quarter. Finally, Caprock Group LLC boosted its holdings in ASE Technology by 2.9% in the fourth quarter. Caprock Group LLC now owns 57,308 shares of the semiconductor company’s stock valued at $539,000 after purchasing an additional 1,615 shares during the period. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Stock Up 3.6 %

Shares of ASE Technology stock opened at $10.53 on Monday. ASE Technology Holding Co., Ltd. has a 52-week low of $6.83 and a 52-week high of $11.68. The company has a 50 day moving average of $10.66 and a 200 day moving average of $9.45. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $23.08 billion, a P/E ratio of 22.89, a P/E/G ratio of 0.59 and a beta of 1.26.

ASE Technology (NYSE:ASX) last issued its earnings results on Thursday, April 25th. The semiconductor company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $4.24 billion for the quarter. ASE Technology had a return on equity of 10.09% and a net margin of 5.41%. During the same period in the prior year, the firm posted $0.09 EPS. As a group, research analysts forecast that ASE Technology Holding Co., Ltd. will post 0.62 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded ASE Technology from a “buy” rating to a “hold” rating in a report on Friday, April 26th.

ASE Technology Company 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.