Crossmark Global Holdings Inc. Sells 37,245 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Crossmark Global Holdings Inc. cut its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 2.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,544,114 shares of the semiconductor company’s stock after selling 37,245 shares during the period. Crossmark Global Holdings Inc. owned approximately 0.07% of ASE Technology worth $15,550,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Hsbc Holdings PLC raised its position in ASE Technology by 1,265.9% in the 2nd quarter. Hsbc Holdings PLC now owns 262,314 shares of the semiconductor company’s stock worth $3,005,000 after buying an additional 243,110 shares during the last quarter. Profund Advisors LLC grew its position in ASE Technology by 5.5% in the 2nd quarter. Profund Advisors LLC now owns 79,972 shares of the semiconductor company’s stock worth $913,000 after purchasing an additional 4,200 shares during the period. Mount Yale Investment Advisors LLC raised its stake in ASE Technology by 46.4% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 51,704 shares of the semiconductor company’s stock valued at $590,000 after buying an additional 16,393 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of ASE Technology by 13.7% in the second quarter. EverSource Wealth Advisors LLC now owns 17,295 shares of the semiconductor company’s stock worth $198,000 after acquiring an additional 2,083 shares during the period. Finally, Bank of Montreal Can purchased a new position in ASE Technology in the second quarter worth about $741,000. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Stock Up 0.1 %

Shares of NYSE:ASX opened at $10.53 on Tuesday. ASE Technology Holding Co., Ltd. has a 1 year low of $8.10 and a 1 year high of $12.86. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.18 and a quick ratio of 0.89. The firm has a market capitalization of $23.10 billion, a PE ratio of 23.39, a price-to-earnings-growth ratio of 0.44 and a beta of 1.19. The business has a 50 day simple moving average of $10.09 and a two-hundred day simple moving average of $10.07.

ASE Technology (NYSE:ASX) last issued its quarterly earnings data on Thursday, October 31st. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). The business had revenue of $4.96 billion for the quarter. ASE Technology had a net margin of 5.47% and a return on equity of 10.05%. During the same quarter last year, the firm posted $0.13 earnings per share. On average, equities analysts predict that ASE Technology Holding Co., Ltd. will post 0.48 EPS for the current year.

Analysts Set New Price Targets

Separately, UBS Group upgraded ASE Technology from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 15th.

ASE Technology 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.