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79,363 Shares in ASE Technology Holding Co., Ltd. (NYSE:ASX) Acquired by Thornburg Investment Management Inc.

ASE Technology logo with Computer and Technology background

Thornburg Investment Management Inc. acquired a new stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 79,363 shares of the semiconductor company's stock, valued at approximately $799,000.

Other institutional investors have also made changes to their positions in the company. Steward Partners Investment Advisory LLC grew its holdings in 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 buying an additional 2,307 shares during the last quarter. Allworth Financial LP grew its holdings in ASE Technology by 42.5% in the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock valued at $41,000 after buying an additional 1,104 shares during the last quarter. R Squared Ltd acquired a new stake in ASE Technology in the 4th quarter valued at approximately $51,000. Whipplewood Advisors LLC acquired a new stake in ASE Technology in the 4th quarter valued at approximately $93,000. Finally, GeoWealth Management LLC grew its holdings in ASE Technology by 75.3% in the 4th 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 during the last quarter. 6.80% of the stock is owned by institutional investors.

ASE Technology Stock Performance

ASX traded down $0.22 during midday trading on Friday, reaching $9.67. The company's stock had a trading volume of 16,241,731 shares, compared to its average volume of 9,202,167. The stock has a market cap of $21.34 billion, a P/E ratio of 21.48, a PEG ratio of 0.47 and a beta of 1.20. The company has a fifty day simple moving average of $8.93 and a 200 day simple moving average of $9.73. 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 twelve month low of $6.94 and a twelve month high of $12.86.

ASE Technology (NYSE:ASX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The semiconductor company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. The firm had revenue of $4.59 billion during the quarter, compared to the consensus estimate of $143.62 billion. Research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.

ASE Technology Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ASE Technology (NYSE:ASX)

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