Graham Capital Management L.P. Takes $1.09 Million Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Graham Capital Management L.P. purchased a new position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 107,946 shares of the semiconductor company's stock, valued at approximately $1,087,000.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC raised its holdings in ASE Technology by 3.3% during the fourth quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock worth $157,843,000 after acquiring an additional 507,008 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of ASE Technology by 36.1% in the 4th quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock valued at $48,958,000 after buying an additional 1,290,605 shares during the last quarter. Cullen Capital Management LLC grew its stake in shares of ASE Technology by 0.3% in the fourth quarter. Cullen Capital Management LLC now owns 4,424,100 shares of the semiconductor company's stock valued at $44,551,000 after buying an additional 14,831 shares in the last quarter. Schroder Investment Management Group increased its holdings in ASE Technology by 0.3% during the fourth quarter. Schroder Investment Management Group now owns 4,371,391 shares of the semiconductor company's stock worth $44,370,000 after buying an additional 12,767 shares during the last quarter. Finally, Barclays PLC raised its position in ASE Technology by 24.6% during the fourth quarter. Barclays PLC now owns 3,094,383 shares of the semiconductor company's stock worth $31,160,000 after acquiring an additional 611,751 shares in the last quarter. 6.80% of the stock is currently owned by institutional investors and hedge funds.

ASE Technology Stock Performance

ASX stock traded down $0.17 during trading hours on Monday, reaching $9.81. The stock had a trading volume of 2,857,572 shares, compared to its average volume of 9,030,545. The stock has a market capitalization of $21.64 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 0.47 and a beta of 1.20. The stock has a 50-day simple moving average of $8.92 and a 200 day simple moving average of $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 debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93.

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 analysts' consensus estimates of $0.12 by ($0.02). The business had revenue of $4.59 billion for 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%. Analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal 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.