First Affirmative Financial Network Has $182,000 Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

First Affirmative Financial Network increased its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 17.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,063 shares of the semiconductor company’s stock after buying an additional 2,733 shares during the period. First Affirmative Financial Network’s holdings in ASE Technology were worth $182,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. R Squared Ltd bought a new position in shares of ASE Technology during the 4th quarter valued at $51,000. Wilmington Savings Fund Society FSB acquired a new position in ASE Technology during the third quarter worth $77,000. GAMMA Investing LLC lifted its position in shares of ASE Technology by 28.0% in the fourth quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock worth $96,000 after buying an additional 2,083 shares during the last quarter. Werba Rubin Papier Wealth Management bought a new stake in shares of ASE Technology during the 3rd quarter worth about $100,000. Finally, Leo Wealth LLC bought a new stake in shares of ASE Technology during the 3rd quarter worth about $114,000. Institutional investors own 6.80% of the company’s stock.

Wall Street Analyst Weigh In

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

ASE Technology Price Performance

NYSE ASX opened at $10.09 on Friday. 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 fifty day simple moving average of $10.20 and a 200 day simple moving average of $10.01. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38. The company has a market cap of $22.14 billion, a P/E ratio of 22.41, a P/E/G ratio of 0.46 and a beta of 1.19.

ASE Technology (NYSE:ASX) last released its quarterly earnings results on Thursday, October 31st. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The firm 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 period last year, the business earned $0.13 EPS. On average, sell-side analysts predict that ASE Technology Holding Co., Ltd. will post 0.48 EPS for the current year.

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.