Oppenheimer Asset Management Inc. Sells 161,567 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Oppenheimer Asset Management Inc. cut its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 28.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 401,325 shares of the semiconductor company’s stock after selling 161,567 shares during the period. Oppenheimer Asset Management Inc.’s holdings in ASE Technology were worth $4,041,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Allworth Financial LP lifted its holdings in shares of ASE Technology by 42.5% during the fourth 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 acquired a new position in ASE Technology during the 4th quarter valued at $51,000. Wilmington Savings Fund Society FSB bought a new stake in ASE Technology in the 3rd quarter valued at $77,000. Whipplewood Advisors LLC acquired a new stake in ASE Technology in the 4th quarter worth $93,000. Finally, GAMMA Investing LLC increased its holdings in shares of ASE Technology by 28.0% during the 4th quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock worth $96,000 after purchasing an additional 2,083 shares during the period. Institutional investors and hedge funds own 6.80% of the company’s stock.

ASE Technology Stock Up 1.1 %

NYSE ASX opened at $10.15 on Friday. ASE Technology Holding Co., Ltd. has a twelve month low of $8.10 and a twelve month high of $12.86. The stock has a market cap of $22.39 billion, a PE ratio of 22.54, a PEG ratio of 0.47 and a beta of 1.17. The firm has a 50-day simple moving average of $10.44 and a 200 day simple moving average of $10.06. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19.

ASE Technology (NYSE:ASX) last announced its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 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, research analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current 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.