Thornburg Investment Management Inc. Acquires New Shares in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Thornburg Investment Management Inc. bought a new stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 79,363 shares of the semiconductor company's stock, valued at approximately $799,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Steward Partners Investment Advisory LLC grew its holdings in shares of ASE Technology by 166.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company's stock worth $37,000 after acquiring an additional 2,307 shares during the period. Allworth Financial LP boosted its stake in ASE Technology by 42.5% during the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock worth $41,000 after acquiring an additional 1,104 shares in the last quarter. R Squared Ltd purchased a new stake in ASE Technology in the fourth quarter worth about $51,000. Whipplewood Advisors LLC bought a new position in shares of ASE Technology during the fourth quarter valued at approximately $93,000. Finally, GeoWealth Management LLC lifted 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 purchasing an additional 4,327 shares during the last quarter. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Stock Up 0.7%

Shares of ASX traded up $0.07 during mid-day trading on Thursday, reaching $9.88. The company had a trading volume of 11,906,866 shares, compared to its average volume of 9,134,051. 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 company has a market capitalization of $21.81 billion, a price-to-earnings ratio of 21.96, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20. The firm has a 50-day moving average price of $8.93 and a 200 day moving average price of $9.73. ASE Technology Holding Co., Ltd. has a 52 week low of $6.94 and a 52 week high of $12.86.

ASE Technology (NYSE:ASX - Get Free Report) last released its 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 return on equity of 9.86% and a net margin of 5.44%. The company had revenue of $4.59 billion during the quarter, compared to the consensus estimate of $143.62 billion. On average, sell-side analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current 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.