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

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

Several other hedge funds and other institutional investors have also made changes to their positions in ASX. Principal Securities Inc. acquired a new position in ASE Technology during the fourth quarter worth about $41,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of ASE Technology during the 2nd quarter worth approximately $43,000. Fifth Third Bancorp raised its position in shares of ASE Technology by 423.8% during the 2nd quarter. Fifth Third Bancorp now owns 6,537 shares of the semiconductor company’s stock worth $75,000 after purchasing an additional 5,289 shares during the last quarter. Burns Matteson Capital Management LLC purchased a new stake in ASE Technology in the 1st quarter valued at approximately $107,000. Finally, EverSource Wealth Advisors LLC grew its holdings in ASE Technology by 36.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 11,583 shares of the semiconductor company’s stock valued at $109,000 after buying an additional 3,103 shares during the last quarter. Institutional investors and hedge funds own 6.80% of the company’s stock.

ASE Technology Stock Down 1.4 %

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

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on ASX shares. StockNews.com downgraded ASE Technology from a “buy” rating to a “hold” rating in a research report on Friday. Morgan Stanley raised shares of ASE Technology from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 16th.

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.