Rhumbline Advisers Has $5.71 Million Stock Holdings in ASE Technology Holding Co., Ltd. $ASX

Key Points

• Rhumbline Advisers reduced its stake in ASE Technology Holding Co., Ltd. by 19.1%, owning 651,669 shares worth approximately $5.71 million after selling 154,095 shares in the first quarter.
• Several institutional investors have recently increased their positions in ASE Technology, with GAMMA Investing LLC boosting its holdings by 94.6% to own 18,525 shares valued at $162,000.
• ASE Technology reported a Q2 earnings miss with an EPS of $0.11 compared to the estimated $0.14, while also announcing an increased annual dividend of $0.359 per share.

Rhumbline Advisers lowered its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 19.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 651,669 shares of the semiconductor company's stock after selling 154,095 shares during the period. Rhumbline Advisers' holdings in ASE Technology were worth $5,709,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its stake in ASE Technology by 94.6% in the first quarter. GAMMA Investing LLC now owns 18,525 shares of the semiconductor company's stock valued at $162,000 after buying an additional 9,004 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in ASE Technology by 55.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 177,024 shares of the semiconductor company's stock valued at $1,591,000 after buying an additional 63,011 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in ASE Technology by 11.8% in the first quarter. Janney Montgomery Scott LLC now owns 31,450 shares of the semiconductor company's stock valued at $276,000 after buying an additional 3,319 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in ASE Technology in the first quarter valued at about $583,000. Finally, Cerity Partners LLC boosted its stake in ASE Technology by 107.3% in the first quarter. Cerity Partners LLC now owns 271,246 shares of the semiconductor company's stock valued at $2,376,000 after buying an additional 140,413 shares in the last quarter. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Price Performance

NYSE:ASX traded up $0.18 during trading hours on Thursday, hitting $11.48. The company's stock had a trading volume of 2,743,651 shares, compared to its average volume of 10,496,032. The stock has a fifty day simple moving average of $10.31 and a 200-day simple moving average of $9.74. The company has a market capitalization of $25.33 billion, a P/E ratio of 24.42, a PEG ratio of 0.63 and a beta of 1.34. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.02 and a quick ratio of 0.79. ASE Technology Holding Co., Ltd. has a twelve month low of $6.94 and a twelve month high of $11.52.

ASE Technology (NYSE:ASX - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). The business had revenue of $5.07 billion during the quarter, compared to analyst estimates of $150.44 billion. ASE Technology had a net margin of 5.48% and a return on equity of 10.33%. On average, analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal 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.