Y Intercept Hong Kong Ltd Buys 33,542 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Y Intercept Hong Kong Ltd raised its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 28.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 149,965 shares of the semiconductor company’s stock after purchasing an additional 33,542 shares during the period. Y Intercept Hong Kong Ltd’s holdings in ASE Technology were worth $1,510,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Allworth Financial LP boosted its holdings in ASE Technology by 42.5% in 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. Aaron Wealth Advisors LLC boosted its holdings in ASE Technology by 5.9% in the 4th quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company’s stock valued at $246,000 after purchasing an additional 1,370 shares during the period. GAMMA Investing LLC boosted its holdings in ASE Technology by 28.0% in the 4th quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock valued at $96,000 after purchasing an additional 2,083 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in ASE Technology by 16.5% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 17,193 shares of the semiconductor company’s stock valued at $168,000 after purchasing an additional 2,431 shares during the period. Finally, Bridgewater Advisors Inc. lifted its holdings in shares of ASE Technology by 11.7% during the 4th quarter. Bridgewater Advisors Inc. now owns 25,308 shares of the semiconductor company’s stock worth $257,000 after acquiring an additional 2,657 shares during the period. 6.80% of the stock is owned by institutional investors.

ASE Technology Price Performance

NYSE:ASX opened at $10.67 on Wednesday. The company has a 50-day moving average of $10.42 and a 200-day moving average of $10.05. The company has a market capitalization of $23.54 billion, a price-to-earnings ratio of 23.70, a PEG ratio of 0.47 and a beta of 1.17. ASE Technology Holding Co., Ltd. has a 52 week low of $8.10 and a 52 week high of $12.86. 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) last released its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, equities research analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

ASE Technology Company 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.