107,946 Shares in ASE Technology Holding Co., Ltd. (NYSE:ASX) Bought by Graham Capital Management L.P.

Graham Capital Management L.P. purchased a new position 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 & Exchange Commission. The firm purchased 107,946 shares of the semiconductor company's stock, valued at approximately $1,087,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Park Avenue Securities LLC boosted its holdings in ASE Technology by 9.9% in the fourth quarter. Park Avenue Securities LLC now owns 40,725 shares of the semiconductor company's stock valued at $410,000 after purchasing an additional 3,668 shares during the period. Hennessy Advisors Inc. purchased a new position in ASE Technology in the fourth quarter valued at $129,000. Merit Financial Group LLC acquired a new stake in ASE Technology in the fourth quarter valued at $119,000. Aaron Wealth Advisors LLC raised its stake in ASE Technology by 5.9% in the fourth quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company's stock valued at $246,000 after buying an additional 1,370 shares in the last quarter. Finally, Bridgewater Advisors Inc. boosted its position in shares of ASE Technology by 11.7% in the 4th quarter. Bridgewater Advisors Inc. now owns 25,308 shares of the semiconductor company's stock valued at $257,000 after purchasing an additional 2,657 shares during the period. 6.80% of the stock is currently owned by hedge funds and other institutional investors.

ASE Technology Stock Performance

ASX traded down $0.19 during trading on Friday, hitting $9.98. 8,918,765 shares of the stock were exchanged, compared to its average volume of 9,028,908. The firm has a market capitalization of $22.02 billion, a P/E ratio of 22.17, a PEG ratio of 0.47 and a beta of 1.20. ASE Technology Holding Co., Ltd. has a 1-year low of $6.94 and a 1-year high of $12.86. The stock has a fifty day moving average price of $8.92 and a two-hundred day moving average price of $9.73. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40.

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