Caprock Group LLC Sells 7,788 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Caprock Group LLC cut its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 8.5% during the 4th quarter, Holdings Channel reports. The firm owned 83,900 shares of the semiconductor company’s stock after selling 7,788 shares during the period. Caprock Group LLC’s holdings in ASE Technology were worth $845,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Fisher Asset Management LLC lifted its holdings in ASE Technology by 10.8% in the third quarter. Fisher Asset Management LLC now owns 15,167,615 shares of the semiconductor company’s stock worth $148,036,000 after buying an additional 1,481,424 shares during the period. Citigroup Inc. lifted its holdings in ASE Technology by 9.7% in the third quarter. Citigroup Inc. now owns 4,323,059 shares of the semiconductor company’s stock worth $42,193,000 after buying an additional 382,425 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of ASE Technology by 103.8% during the third quarter. JPMorgan Chase & Co. now owns 3,571,208 shares of the semiconductor company’s stock valued at $34,855,000 after purchasing an additional 1,818,753 shares during the last quarter. TT International Asset Management LTD lifted its holdings in shares of ASE Technology by 14.8% during the third quarter. TT International Asset Management LTD now owns 2,063,535 shares of the semiconductor company’s stock valued at $20,140,000 after purchasing an additional 265,767 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in shares of ASE Technology by 3.3% during the third quarter. Oppenheimer Asset Management Inc. now owns 562,892 shares of the semiconductor company’s stock valued at $5,494,000 after purchasing an additional 18,095 shares during the last quarter. 6.80% of the stock is owned by institutional investors.

ASE Technology Trading Down 2.8 %

NYSE:ASX opened at $9.87 on Tuesday. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38. ASE Technology Holding Co., Ltd. has a 12 month low of $8.10 and a 12 month high of $12.86. The company has a market cap of $21.65 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 0.42 and a beta of 1.17. The company has a 50 day simple moving average of $10.21 and a two-hundred day simple moving average of $9.97.

Analysts Set New Price Targets

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

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.