D. E. Shaw & Co. Inc. Buys 177,418 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

D. E. Shaw & Co. Inc. lifted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 28.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 800,934 shares of the semiconductor company's stock after purchasing an additional 177,418 shares during the period. D. E. Shaw & Co. Inc.'s holdings in ASE Technology were worth $8,065,000 at the end of the most recent reporting period.

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

ASE Technology Price Performance

Shares of NYSE:ASX traded up $0.07 during midday trading on Wednesday, hitting $9.98. The stock had a trading volume of 1,722,812 shares, compared to its average volume of 11,465,236. The company's 50-day moving average price is $8.93 and its 200-day moving average price is $9.73. ASE Technology Holding Co., Ltd. has a fifty-two week low of $6.94 and a fifty-two week high of $12.86. 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 $22.04 billion, a P/E ratio of 22.17, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20.

ASE Technology (NYSE:ASX - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). The business had revenue of $4.59 billion for the quarter, compared to analyst estimates of $143.62 billion. 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 EPS for the current fiscal 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.