Inscription Capital LLC Makes New $158,000 Investment in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Inscription Capital LLC bought a new stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 17,998 shares of the semiconductor company’s stock, valued at approximately $158,000.

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in ASE Technology by 36.1% during the 4th quarter. JPMorgan Chase & Co. now owns 4,861,813 shares of the semiconductor company’s stock valued at $48,958,000 after buying an additional 1,290,605 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of ASE Technology by 1,604.4% during the first quarter. GAMMA Investing LLC now owns 162,279 shares of the semiconductor company’s stock valued at $14,220,000 after acquiring an additional 152,758 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of ASE Technology by 9.3% in the fourth quarter. Rhumbline Advisers now owns 805,764 shares of the semiconductor company’s stock valued at $8,114,000 after purchasing an additional 68,654 shares during the period. Y Intercept Hong Kong Ltd grew its stake in ASE Technology by 28.8% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 149,965 shares of the semiconductor company’s stock worth $1,510,000 after purchasing an additional 33,542 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in ASE Technology by 3.3% in the fourth quarter. Fisher Asset Management LLC now owns 15,674,623 shares of the semiconductor company’s stock worth $157,843,000 after purchasing an additional 507,008 shares in the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

ASE Technology Trading Up 0.7%

Shares of NYSE ASX opened at $10.40 on Thursday. ASE Technology Holding Co., Ltd. has a twelve month low of $6.94 and a twelve month high of $12.86. The firm has a market cap of $22.95 billion, a PE ratio of 22.12, a price-to-earnings-growth ratio of 0.55 and a beta of 1.23. The business has a fifty day simple moving average of $9.32 and a two-hundred day simple moving average of $9.75. The company has a quick ratio of 0.82, a current ratio of 1.04 and a debt-to-equity ratio of 0.44.

ASE Technology (NYSE:ASX) last announced its quarterly earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.02). ASE Technology had a net margin of 5.62% and a return on equity of 10.35%. The firm had revenue of $4.59 billion for the quarter, compared to analysts’ expectations of $143.62 billion. Analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

About ASE Technology

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.