ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 1.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 170,215 shares of the semiconductor company’s stock after buying an additional 1,869 shares during the quarter. Corient Private Wealth LLC’s holdings in ASE Technology were worth $1,714,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of ASX. Steward Partners Investment Advisory LLC lifted its holdings in ASE Technology by 166.3% in the fourth 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 lifted its holdings in shares of ASE Technology by 42.5% in the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock worth $41,000 after purchasing 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 approximately $51,000. Wilmington Savings Fund Society FSB bought a new position in ASE Technology during the 3rd quarter worth $77,000. Finally, Whipplewood Advisors LLC bought a new stake in ASE Technology in the fourth quarter valued at $93,000. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Stock Performance

Shares of ASX opened at $9.88 on Tuesday. 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 Holding Co., Ltd. has a 1 year low of $8.10 and a 1 year high of $12.86. The firm has a fifty day moving average of $10.25 and a 200-day moving average of $10.07. The company has a market cap of $21.80 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21.

ASE Technology (NYSE:ASX) last posted its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, equities analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.

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.