Grantham Mayo Van Otterloo & Co. LLC Sells 958,053 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

Grantham Mayo Van Otterloo & Co. LLC decreased its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 95.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,092 shares of the semiconductor company’s stock after selling 958,053 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in ASE Technology were worth $494,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC boosted its stake in shares of ASE Technology by 166.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 2,307 shares in the last quarter. Allworth Financial LP lifted its holdings in ASE Technology by 42.5% during the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 1,104 shares during the last quarter. R Squared Ltd acquired a new position in ASE Technology in the fourth quarter valued at about $51,000. Wilmington Savings Fund Society FSB bought a new stake in ASE Technology during the third quarter worth about $77,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of ASE Technology during the fourth quarter worth approximately $93,000. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Stock Down 2.6 %

Shares of ASX opened at $7.40 on Wednesday. The company has a market capitalization of $16.32 billion, a P/E ratio of 16.43, a PEG ratio of 0.47 and a beta of 1.21. ASE Technology Holding Co., Ltd. has a one year low of $6.81 and a one year high of $12.86. The business’s 50 day simple moving average is $9.79 and its 200-day simple moving average is $9.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93.

ASE Technology (NYSE:ASX) last posted its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. As a group, sell-side analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.