Two Sigma Advisers LP Decreases Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Two Sigma Advisers LP trimmed its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 239,600 shares of the semiconductor company's stock after selling 33,100 shares during the period. Two Sigma Advisers LP's holdings in ASE Technology were worth $2,413,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ASX. Foster Group Inc. bought a new position in shares of ASE Technology in the fourth quarter worth approximately $121,000. R Squared Ltd bought a new position in shares of ASE Technology in the fourth quarter worth approximately $51,000. First Affirmative Financial Network increased its position in shares of ASE Technology by 17.8% in the fourth quarter. First Affirmative Financial Network now owns 18,063 shares of the semiconductor company's stock worth $182,000 after purchasing an additional 2,733 shares during the last quarter. Ninety One North America Inc. increased its position in shares of ASE Technology by 14.5% in the fourth quarter. Ninety One North America Inc. now owns 291,430 shares of the semiconductor company's stock worth $2,935,000 after purchasing an additional 36,801 shares during the last quarter. Finally, Ninety One UK Ltd increased its position in shares of ASE Technology by 14.9% in the fourth quarter. Ninety One UK Ltd now owns 123,071 shares of the semiconductor company's stock worth $1,239,000 after purchasing an additional 15,926 shares during the last quarter. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Price Performance

Shares of ASX stock traded up $0.06 during trading on Monday, hitting $9.44. The company had a trading volume of 9,840,305 shares, compared to its average volume of 9,358,768. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40. The stock's 50-day moving average is $8.91 and its two-hundred day moving average is $9.73. The stock has a market capitalization of $20.85 billion, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20. 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 posted its quarterly earnings data on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.02). The company had revenue of $4.59 billion during the quarter, compared to the consensus estimate of $143.62 billion. ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal 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.