Cable Hill Partners LLC Boosts Stake in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Cable Hill Partners LLC boosted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 8.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,685 shares of the semiconductor company’s stock after buying an additional 3,074 shares during the period. Cable Hill Partners LLC’s holdings in ASE Technology were worth $420,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Whipplewood Advisors LLC purchased a new stake in ASE Technology during the fourth quarter worth $93,000. Wealthstream Advisors Inc. lifted its holdings 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 during the period. Y Intercept Hong Kong Ltd lifted its holdings in ASE Technology by 28.8% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 149,965 shares of the semiconductor company’s stock worth $1,510,000 after buying an additional 33,542 shares during the period. Ieq Capital LLC lifted its holdings in ASE Technology by 35.3% during the fourth quarter. Ieq Capital LLC now owns 25,098 shares of the semiconductor company’s stock worth $253,000 after buying an additional 6,543 shares during the period. Finally, Truist Financial Corp lifted its holdings in ASE Technology by 61.0% during the fourth quarter. Truist Financial Corp now owns 39,544 shares of the semiconductor company’s stock worth $398,000 after buying an additional 14,989 shares during the period. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Stock Performance

Shares of ASX opened at $10.85 on Thursday. ASE Technology Holding Co., Ltd. has a 12 month low of $8.10 and a 12 month high of $12.86. The stock has a fifty day moving average price of $10.44 and a 200-day moving average price of $10.06. The company has a current ratio of 1.19, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40. The firm has a market cap of $23.94 billion, a PE ratio of 24.10, a P/E/G ratio of 0.47 and a beta of 1.17.

ASE Technology (NYSE:ASX) last issued its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. Equities research analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal 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.