ASE Technology Holding Co., Ltd. $ASX Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 8.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 340,388 shares of the semiconductor company’s stock after purchasing an additional 25,333 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in ASE Technology were worth $3,775,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its position in ASE Technology by 4.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,437,846 shares of the semiconductor company’s stock worth $25,183,000 after buying an additional 105,491 shares during the last quarter. American Century Companies Inc. increased its stake in shares of ASE Technology by 20.9% during the second quarter. American Century Companies Inc. now owns 3,180,215 shares of the semiconductor company’s stock worth $32,852,000 after acquiring an additional 549,025 shares during the period. Ninety One North America Inc. increased its stake in shares of ASE Technology by 82.3% during the third quarter. Ninety One North America Inc. now owns 496,795 shares of the semiconductor company’s stock worth $5,509,000 after acquiring an additional 224,267 shares during the period. Hantz Financial Services Inc. raised its holdings in ASE Technology by 3,929.8% during the second quarter. Hantz Financial Services Inc. now owns 18,094 shares of the semiconductor company’s stock worth $187,000 after purchasing an additional 17,645 shares in the last quarter. Finally, Fortitude Advisory Group L.L.C. acquired a new stake in ASE Technology in the second quarter valued at about $258,000. 6.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ASX shares. Zacks Research cut ASE Technology from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Wall Street Zen downgraded ASE Technology from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ASE Technology in a report on Wednesday, January 21st. Finally, Nomura raised ASE Technology from a “neutral” rating to a “buy” rating in a report on Thursday, October 30th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, ASE Technology currently has a consensus rating of “Hold”.

ASE Technology Stock Up 0.8%

ASX opened at $20.23 on Thursday. ASE Technology Holding Co., Ltd. has a one year low of $6.94 and a one year high of $20.49. The company has a market cap of $44.88 billion, a price-to-earnings ratio of 40.47, a PEG ratio of 0.80 and a beta of 1.45. The business’s fifty day moving average is $16.56 and its two-hundred day moving average is $13.34. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.88 and a current ratio of 1.13.

ASE Technology (NYSE:ASX) last released its quarterly earnings results on Thursday, October 30th. The semiconductor company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. ASE Technology had a return on equity of 10.67% and a net margin of 5.61%. Analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal year.

About ASE Technology

ASE Technology Holding Co, Ltd. (NYSE: ASX), commonly referred to as ASE, is a Taiwan-based provider of semiconductor assembly and testing services. The company focuses on back-end semiconductor manufacturing and related services that prepare integrated circuits and other semiconductor devices for final use. Its core activities include advanced IC packaging, final testing, wafer probing, and related engineering and supply-chain support for semiconductor customers.

ASE offers a range of products and technical capabilities designed to meet increasingly complex packaging and system-in-package requirements.