Atria Investments Inc Has $861,000 Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Atria Investments Inc lessened its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 15.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 88,256 shares of the semiconductor company’s stock after selling 15,941 shares during the period. Atria Investments Inc’s holdings in ASE Technology were worth $861,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Lazard Asset Management LLC increased its holdings in shares of ASE Technology by 2.8% during the 1st quarter. Lazard Asset Management LLC now owns 21,308,753 shares of the semiconductor company’s stock worth $234,182,000 after purchasing an additional 584,333 shares during the period. Earnest Partners LLC grew its position in ASE Technology by 10.4% during the second quarter. Earnest Partners LLC now owns 2,840,090 shares of the semiconductor company’s stock worth $32,434,000 after buying an additional 266,991 shares in the last quarter. American Century Companies Inc. increased its stake in ASE Technology by 3.4% during the second quarter. American Century Companies Inc. now owns 1,939,422 shares of the semiconductor company’s stock valued at $22,148,000 after acquiring an additional 63,237 shares during the period. Driehaus Capital Management LLC raised its holdings in ASE Technology by 105.3% in the 2nd quarter. Driehaus Capital Management LLC now owns 982,028 shares of the semiconductor company’s stock valued at $11,215,000 after acquiring an additional 503,765 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its position in shares of ASE Technology by 12.8% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 544,797 shares of the semiconductor company’s stock worth $6,222,000 after acquiring an additional 61,992 shares during the period. Institutional investors own 6.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ASX. UBS Group upgraded ASE Technology from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 15th. StockNews.com lowered shares of ASE Technology from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Finally, Morgan Stanley raised shares of ASE Technology from an “equal weight” rating to an “overweight” rating in a report on Monday, September 16th.

ASE Technology Stock Up 2.5 %

NYSE ASX opened at $9.78 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 current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38. The stock’s 50 day moving average is $9.91 and its two-hundred day moving average is $10.36. The company has a market capitalization of $21.47 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 0.67 and a beta of 1.22.

ASE Technology (NYSE:ASX) last announced its quarterly earnings results on Thursday, October 31st. The semiconductor company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The company had revenue of $4.96 billion during 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 business earned $0.13 EPS. Equities analysts forecast that ASE Technology Holding Co., Ltd. will post 0.48 earnings per share for the current fiscal year.

ASE Technology Company 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.