Nomura Holdings Inc. Lowers Stock Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Nomura Holdings Inc. lessened its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX - Free Report) by 44.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 326,000 shares of the semiconductor company's stock after selling 266,000 shares during the quarter. Nomura Holdings Inc.'s holdings in ASE Technology were worth $3,283,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in ASE Technology by 36.1% during the fourth quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company's stock worth $48,958,000 after purchasing an additional 1,290,605 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of ASE Technology during the 4th quarter worth about $710,000. Y Intercept Hong Kong Ltd boosted its holdings in shares of ASE Technology by 28.8% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 149,965 shares of the semiconductor company's stock worth $1,510,000 after buying an additional 33,542 shares during the period. Rhumbline Advisers grew its stake in ASE Technology by 9.3% in the 4th quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company's stock valued at $8,114,000 after buying an additional 68,654 shares during the last quarter. Finally, Fisher Asset Management LLC raised its holdings in ASE Technology by 3.3% in the 4th quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company's stock valued at $157,843,000 after acquiring an additional 507,008 shares during the period. 6.80% of the stock is owned by institutional investors.

ASE Technology Stock Performance

Shares of ASE Technology stock traded up $0.10 during trading on Wednesday, reaching $10.01. The company's stock had a trading volume of 2,999,397 shares, compared to its average volume of 9,065,673. 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 business's 50-day moving average price is $8.93 and its 200-day moving average price is $9.73. ASE Technology Holding Co., Ltd. has a 52 week low of $6.94 and a 52 week high of $12.86. The firm has a market cap of $22.09 billion, a PE ratio of 22.26, a P/E/G ratio of 0.47 and a beta of 1.20.

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). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. The business had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $143.62 billion. Equities analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current 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.