Allspring Global Investments Holdings LLC Acquires 4,200 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Allspring Global Investments Holdings LLC grew its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,013 shares of the semiconductor company’s stock after buying an additional 4,200 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in ASE Technology were worth $1,143,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cambiar Investors LLC acquired a new position in shares of ASE Technology during the 4th quarter worth about $168,000. Savant Capital LLC increased its stake in shares of ASE Technology by 23.5% during the 4th quarter. Savant Capital LLC now owns 20,775 shares of the semiconductor company’s stock worth $209,000 after purchasing an additional 3,952 shares during the last quarter. Kestra Private Wealth Services LLC acquired a new position in shares of ASE Technology during the 4th quarter worth about $732,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of ASE Technology during the 4th quarter worth about $710,000. Finally, Ninety One UK Ltd increased its stake in shares of ASE Technology by 14.9% during the 4th quarter. Ninety One UK Ltd now owns 123,071 shares of the semiconductor company’s stock worth $1,239,000 after purchasing an additional 15,926 shares during the last quarter. 6.80% of the stock is owned by institutional investors.

ASE Technology Stock Down 2.3 %

Shares of ASX opened at $10.92 on Monday. ASE Technology Holding Co., Ltd. has a 52 week low of $8.10 and a 52 week high of $12.86. The firm has a market cap of $24.11 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 0.48 and a beta of 1.17. The firm’s 50-day simple moving average is $10.40 and its 200 day simple moving average is $10.03. 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 issued its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share 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%. On average, analysts forecast that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.

About ASE Technology

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.