Proficio Capital Partners LLC Acquires New Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Proficio Capital Partners LLC acquired a new stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 31,821 shares of the semiconductor company’s stock, valued at approximately $320,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans raised its position in shares of ASE Technology by 9.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 132,583 shares of the semiconductor company’s stock valued at $1,294,000 after acquiring an additional 11,063 shares during the period. PNC Financial Services Group Inc. lifted its holdings in ASE Technology by 7.2% during the third quarter. PNC Financial Services Group Inc. now owns 133,294 shares of the semiconductor company’s stock worth $1,301,000 after acquiring an additional 8,980 shares in the last quarter. Cerity Partners LLC raised its holdings in ASE Technology by 28.0% during the 3rd quarter. Cerity Partners LLC now owns 126,211 shares of the semiconductor company’s stock worth $1,232,000 after buying an additional 27,596 shares during the period. Fisher Asset Management LLC lifted its stake in ASE Technology by 10.8% in the third quarter. Fisher Asset Management LLC now owns 15,167,615 shares of the semiconductor company’s stock valued at $148,036,000 after buying an additional 1,481,424 shares in the last quarter. Finally, DRW Securities LLC acquired a new position in shares of ASE Technology in the third quarter valued at approximately $810,000. Institutional investors and hedge funds own 6.80% of the company’s stock.

ASE Technology Stock Down 1.1 %

Shares of ASX stock opened at $9.77 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $21.57 billion, a price-to-earnings ratio of 21.71, a P/E/G ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a 12-month low of $8.10 and a 12-month high of $12.86. The firm has a fifty day moving average of $10.24 and a 200-day moving average of $10.08.

ASE Technology (NYSE:ASX) last posted 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%. As a group, equities research analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

About ASE Technology

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.