ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 51.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,279 shares of the semiconductor company's stock after buying an additional 39,079 shares during the period. Quantinno Capital Management LP's holdings in ASE Technology were worth $1,161,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Millennium Management LLC lifted its stake in shares of ASE Technology by 16.4% during the fourth quarter. Millennium Management LLC now owns 1,817,203 shares of the semiconductor company's stock worth $18,299,000 after buying an additional 255,747 shares during the period. Graham Capital Management L.P. acquired a new stake in shares of ASE Technology during the fourth quarter worth $1,087,000. D. E. Shaw & Co. Inc. lifted its stake in shares of ASE Technology by 28.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 800,934 shares of the semiconductor company's stock worth $8,065,000 after buying an additional 177,418 shares during the period. Capstone Investment Advisors LLC acquired a new stake in shares of ASE Technology during the fourth quarter worth $139,000. Finally, Balyasny Asset Management L.P. acquired a new stake in shares of ASE Technology during the fourth quarter worth $369,000. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Trading Up 0.7%

NYSE:ASX opened at $9.88 on Friday. The company has a market capitalization of $21.81 billion, a P/E ratio of 21.96, a PEG ratio of 0.47 and a beta of 1.20. The firm has a fifty day simple moving average of $8.93 and a 200-day simple moving average of $9.73. ASE Technology Holding Co., Ltd. has a 12 month low of $6.94 and a 12 month high of $12.86. 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 posted its 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). The business had revenue of $4.59 billion for the quarter, compared to analyst estimates of $143.62 billion. ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. On average, equities research analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current 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.

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