Squarepoint Ops LLC Purchases 351,151 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Squarepoint Ops LLC grew its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 112.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 663,889 shares of the semiconductor company's stock after purchasing an additional 351,151 shares during the quarter. Squarepoint Ops LLC's holdings in ASE Technology were worth $6,685,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of 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 purchasing an additional 1,290,605 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of ASE Technology in the fourth quarter valued at about $710,000. Y Intercept Hong Kong Ltd grew its stake in shares of ASE Technology by 28.8% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 149,965 shares of the semiconductor company's stock valued at $1,510,000 after acquiring an additional 33,542 shares in the last quarter. Rhumbline Advisers grew its stake in shares of ASE Technology by 9.3% in the fourth quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company's stock valued at $8,114,000 after acquiring an additional 68,654 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of ASE Technology by 3.3% in the fourth 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 in the last quarter. 6.80% of the stock is owned by institutional investors.

ASE Technology Stock Performance

Shares of ASX stock traded down $0.12 on Friday, hitting $9.40. The company's stock had a trading volume of 3,395,576 shares, compared to its average volume of 9,294,758. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The stock's 50 day moving average is $8.92 and its 200-day moving average 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 market capitalization of $20.74 billion, a PE ratio of 20.88, a PEG ratio of 0.47 and a beta of 1.20.

ASE Technology (NYSE:ASX - Get Free Report) last released 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). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. The business had revenue of $4.59 billion during the quarter, compared to analyst estimates of $143.62 billion. Equities research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share 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.