GAMMA Investing LLC Has $14.22 Million Stock Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

GAMMA Investing LLC boosted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 1,604.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 162,279 shares of the semiconductor company's stock after buying an additional 152,758 shares during the period. GAMMA Investing LLC's holdings in ASE Technology were worth $14,220,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its position in shares of ASE Technology by 166.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock valued at $37,000 after acquiring an additional 2,307 shares in the last quarter. Allworth Financial LP boosted its position in shares of ASE Technology by 42.5% in the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock worth $41,000 after buying an additional 1,104 shares during the period. Whipplewood Advisors LLC purchased a new position in shares of ASE Technology during the fourth quarter valued at $93,000. GeoWealth Management LLC grew its holdings in shares of ASE Technology by 75.3% during the fourth quarter. GeoWealth Management LLC now owns 10,071 shares of the semiconductor company's stock valued at $101,000 after buying an additional 4,327 shares in the last quarter. Finally, Xponance Inc. acquired a new position in ASE Technology during the fourth quarter valued at $103,000. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Stock Up 2.3%

NYSE ASX traded up $0.23 during trading on Tuesday, reaching $10.13. 11,259,226 shares of the company's stock were exchanged, compared to its average volume of 9,506,166. 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 Holding Co., Ltd. has a fifty-two week low of $6.94 and a fifty-two week high of $12.86. The company's fifty day simple moving average is $9.02 and its 200-day simple moving average is $9.73. The firm has a market capitalization of $22.35 billion, a PE ratio of 22.50, a P/E/G ratio of 0.47 and a beta of 1.23.

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 the consensus estimate of $0.12 by ($0.02). The company 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%. Sell-side analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.