ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Bought by Cwm LLC

Cwm LLC grew its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 18.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,583 shares of the semiconductor company’s stock after buying an additional 3,061 shares during the quarter. Cwm LLC’s holdings in ASE Technology were worth $191,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Allspring Global Investments Holdings LLC grew its position in ASE Technology by 7.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 16,023 shares of the semiconductor company’s stock worth $183,000 after buying an additional 1,046 shares during the period. Beverly Hills Private Wealth LLC increased its holdings in ASE Technology by 5.4% in the second quarter. Beverly Hills Private Wealth LLC now owns 22,195 shares of the semiconductor company’s stock valued at $253,000 after buying an additional 1,130 shares in the last quarter. Atomi Financial Group Inc. increased its holdings in ASE Technology by 3.6% in the second quarter. Atomi Financial Group Inc. now owns 38,924 shares of the semiconductor company’s stock valued at $445,000 after buying an additional 1,345 shares in the last quarter. Claro Advisors LLC increased its holdings in ASE Technology by 4.2% in the first quarter. Claro Advisors LLC now owns 37,798 shares of the semiconductor company’s stock valued at $415,000 after buying an additional 1,529 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in ASE Technology by 13.7% in the second quarter. EverSource Wealth Advisors LLC now owns 17,295 shares of the semiconductor company’s stock valued at $198,000 after buying an additional 2,083 shares in the last quarter. 6.80% of the stock is currently owned by hedge funds and other institutional investors.

ASE Technology Price Performance

Shares of ASE Technology stock opened at $10.15 on Thursday. The stock has a market capitalization of $22.25 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 0.65 and a beta of 1.22. ASE Technology Holding Co., Ltd. has a 1-year low of $7.33 and a 1-year high of $12.86. The firm has a fifty day simple moving average of $9.85 and a 200-day simple moving average of $10.44. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.33.

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

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Morgan Stanley upgraded shares of ASE Technology from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 16th. UBS Group raised shares of ASE Technology from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, StockNews.com downgraded shares of ASE Technology from a “buy” rating to a “hold” rating in a report on Friday, September 20th.

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.