Nomura Holdings Inc. Sells 266,000 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Nomura Holdings Inc. lowered its position in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 44.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 326,000 shares of the semiconductor company's stock after selling 266,000 shares during the period. Nomura Holdings Inc.'s holdings in ASE Technology were worth $3,283,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Steward Partners Investment Advisory LLC increased its position in shares of 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 in the last quarter. Allworth Financial LP increased its holdings in ASE Technology by 42.5% during the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 1,104 shares in the last quarter. R Squared Ltd bought a new position in ASE Technology during the 4th quarter worth about $51,000. Whipplewood Advisors LLC bought a new position in ASE Technology during the 4th quarter worth about $93,000. Finally, GeoWealth Management LLC increased its holdings in ASE Technology by 75.3% during the 4th quarter. GeoWealth Management LLC now owns 10,071 shares of the semiconductor company's stock worth $101,000 after purchasing an additional 4,327 shares in the last quarter. Institutional investors own 6.80% of the company's stock.

ASE Technology Stock Down 1.0%

ASX stock traded down $0.10 during trading hours on Monday, reaching $9.87. 13,678,046 shares of the stock were exchanged, compared to its average volume of 9,072,137. The firm's 50-day moving average is $8.92 and its 200-day moving average is $9.73. The company has a market cap of $21.79 billion, a price-to-earnings ratio of 21.93, a PEG ratio of 0.47 and a beta of 1.20. 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 Holding Co., Ltd. has a 12 month low of $6.94 and a 12 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 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 net margin of 5.44% and a return on equity of 9.86%. On average, equities research analysts expect 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.