Tower Research Capital LLC TRC Purchases Shares of 42,319 ASE Technology Holding Co., Ltd. (NYSE:ASX)

Tower Research Capital LLC TRC bought a new stake 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 SEC. The firm bought 42,319 shares of the semiconductor company's stock, valued at approximately $426,000.

A number of other hedge funds have also modified their holdings of the business. Steward Partners Investment Advisory LLC boosted its holdings in 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 worth $37,000 after acquiring an additional 2,307 shares during the period. Allworth Financial LP boosted its position in ASE Technology by 42.5% during the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company's stock valued at $41,000 after purchasing an additional 1,104 shares during the period. R Squared Ltd bought a new position in shares of ASE Technology during the fourth quarter worth about $51,000. Wilmington Savings Fund Society FSB acquired a new position in ASE Technology during the 3rd quarter worth $77,000. Finally, Whipplewood Advisors LLC acquired a new stake in ASE Technology in the fourth quarter worth approximately $93,000. 6.80% of the stock is owned by hedge funds and other institutional investors.

ASE Technology Trading Down 1.6 %

ASX traded down $0.15 during trading on Tuesday, reaching $8.93. The company had a trading volume of 977,525 shares, compared to its average volume of 8,696,419. ASE Technology Holding Co., Ltd. has a 12-month low of $6.94 and a 12-month high of $12.86. The firm's 50-day simple moving average is $8.97 and its 200 day simple moving average is $9.76. The company has a market cap of $19.70 billion, a price-to-earnings ratio of 19.88, a PEG ratio of 0.47 and a beta of 1.20. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19.

ASE Technology (NYSE:ASX - Get Free Report) last issued its earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. The business had revenue of $4.59 billion during the quarter, compared to analyst estimates of $143.62 billion. Equities research analysts anticipate 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.