ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC lowered its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,382,915 shares of the semiconductor company's stock after selling 81,009 shares during the quarter. Lazard Asset Management LLC owned about 0.84% of ASE Technology worth $185,115,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in ASE Technology by 36.1% in the fourth quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock worth $48,958,000 after acquiring an additional 1,290,605 shares during the period. Capula Management Ltd raised its holdings in ASE Technology by 117.8% in the 4th quarter. Capula Management Ltd now owns 2,197,070 shares of the semiconductor company's stock valued at $22,124,000 after buying an additional 1,188,410 shares during the period. Mirabella Financial Services LLP acquired a new position in ASE Technology in the fourth quarter valued at about $6,780,000. Barclays PLC increased its position in shares of ASE Technology by 24.6% during the fourth quarter. Barclays PLC now owns 3,094,383 shares of the semiconductor company's stock valued at $31,160,000 after acquiring an additional 611,751 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of ASE Technology by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock valued at $157,843,000 after acquiring an additional 507,008 shares during the period. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Trading Down 0.3%

ASE Technology stock traded down $0.03 during trading on Thursday, hitting $10.16. The company had a trading volume of 12,000,633 shares, compared to its average volume of 9,013,960. ASE Technology Holding Co., Ltd. has a 1-year low of $6.94 and a 1-year high of $12.86. The company's 50 day simple moving average is $8.90 and its 200-day simple moving average is $9.73. The stock has a market cap of $22.43 billion, a price-to-earnings ratio of 22.58, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40.

ASE Technology (NYSE:ASX - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. The business had revenue of $4.59 billion for the quarter, compared to analysts' expectations of $143.62 billion. As a group, analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.