ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Purchased by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC raised its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,422 shares of the semiconductor company’s stock after acquiring an additional 1,370 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in ASE Technology were worth $246,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB purchased a new stake in ASE Technology during the third quarter worth about $77,000. GAMMA Investing LLC boosted its stake in shares of ASE Technology by 28.0% during the 4th quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock worth $96,000 after acquiring an additional 2,083 shares in the last quarter. Werba Rubin Papier Wealth Management acquired a new stake in shares of ASE Technology in the 3rd quarter worth approximately $100,000. Leo Wealth LLC purchased a new position in ASE Technology in the 3rd quarter valued at approximately $114,000. Finally, Merit Financial Group LLC acquired a new position in ASE Technology during the fourth quarter worth $119,000. 6.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, UBS Group raised ASE Technology from a “neutral” rating to a “buy” rating in a report on Tuesday, October 15th.

ASE Technology Stock Up 4.2 %

ASX stock opened at $10.97 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.18 and a quick ratio of 0.89. The company’s 50 day simple moving average is $10.11 and its 200-day simple moving average is $10.07. ASE Technology Holding Co., Ltd. has a 12 month low of $8.10 and a 12 month high of $12.86. The firm has a market capitalization of $24.07 billion, a PE ratio of 24.37, a P/E/G ratio of 0.44 and a beta of 1.19.

ASE Technology (NYSE:ASX) last announced its earnings results on Thursday, October 31st. The semiconductor company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). ASE Technology had a net margin of 5.47% and a return on equity of 10.05%. The company had revenue of $4.96 billion for the quarter. During the same quarter in the previous year, the business posted $0.13 EPS. Equities analysts expect that ASE Technology Holding Co., Ltd. will post 0.48 earnings per share for the current fiscal 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.