Proficio Capital Partners LLC Purchases New Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Proficio Capital Partners LLC acquired a new stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 31,821 shares of the semiconductor company’s stock, valued at approximately $320,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cable Hill Partners LLC boosted its holdings in ASE Technology by 8.0% in the 4th quarter. Cable Hill Partners LLC now owns 41,685 shares of the semiconductor company’s stock valued at $420,000 after purchasing an additional 3,074 shares during the period. Whipplewood Advisors LLC bought a new stake in ASE Technology during the fourth quarter valued at $93,000. Wealthstream Advisors Inc. grew its position in ASE Technology by 14.8% during the fourth quarter. Wealthstream Advisors Inc. now owns 15,154 shares of the semiconductor company’s stock worth $153,000 after buying an additional 1,955 shares in the last quarter. Y Intercept Hong Kong Ltd increased its stake in ASE Technology by 28.8% in the 4th quarter. Y Intercept Hong Kong Ltd now owns 149,965 shares of the semiconductor company’s stock worth $1,510,000 after acquiring an additional 33,542 shares during the last quarter. Finally, Ieq Capital LLC raised its holdings in shares of ASE Technology by 35.3% in the 4th quarter. Ieq Capital LLC now owns 25,098 shares of the semiconductor company’s stock valued at $253,000 after acquiring an additional 6,543 shares in the last quarter. Institutional investors own 6.80% of the company’s stock.

ASE Technology Stock Performance

ASE Technology stock opened at $9.52 on Wednesday. ASE Technology Holding Co., Ltd. has a fifty-two week low of $8.10 and a fifty-two 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. The stock has a market cap of $21.00 billion, a P/E ratio of 21.14, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The firm’s fifty day moving average price is $10.39 and its 200-day moving average price is $10.07.

ASE Technology (NYSE:ASX) last issued its earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate 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, equities research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal 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.