ASE Technology Holding Co., Ltd. (NYSE:ASX) Position Lifted by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 221,139 shares of the semiconductor company’s stock after purchasing an additional 9,322 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in ASE Technology were worth $2,513,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of ASX. Russell Investments Group Ltd. raised its stake in ASE Technology by 82.3% during the fourth quarter. Russell Investments Group Ltd. now owns 11,680 shares of the semiconductor company’s stock valued at $110,000 after buying an additional 5,272 shares in the last quarter. Principal Securities Inc. bought a new position in ASE Technology during the fourth quarter worth $41,000. Panagora Asset Management Inc. boosted its holdings in ASE Technology by 28.9% in the fourth quarter. Panagora Asset Management Inc. now owns 36,267 shares of the semiconductor company’s stock worth $341,000 after purchasing an additional 8,136 shares during the period. EverSource Wealth Advisors LLC increased its stake in ASE Technology by 36.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 11,583 shares of the semiconductor company’s stock valued at $109,000 after purchasing an additional 3,103 shares during the last quarter. Finally, Orion Portfolio Solutions LLC raised its holdings in shares of ASE Technology by 94.6% during the fourth quarter. Orion Portfolio Solutions LLC now owns 162,378 shares of the semiconductor company’s stock worth $1,429,000 after purchasing an additional 78,951 shares during the period. Institutional investors own 6.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. StockNews.com lowered shares of ASE Technology from a “buy” rating to a “hold” rating in a report on Friday. Morgan Stanley upgraded ASE Technology from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 16th.

ASE Technology Trading Down 1.4 %

ASE Technology stock opened at $9.88 on Friday. The firm has a 50-day moving average price of $9.88 and a two-hundred day moving average price of $10.60. ASE Technology Holding Co., Ltd. has a 52-week low of $7.25 and a 52-week high of $12.86. The firm has a market capitalization of $21.66 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 0.63 and a beta of 1.22. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.33.

ASE Technology (NYSE:ASX) last announced its earnings results on Thursday, July 25th. The semiconductor company reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. The firm had revenue of $4.33 billion for the quarter. ASE Technology had a return on equity of 9.90% and a net margin of 5.38%. During the same period in the previous year, the firm earned $0.12 EPS. Sell-side analysts expect that ASE Technology Holding Co., Ltd. will post 0.51 earnings per share for the current 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.