Vanguard Personalized Indexing Management LLC Raises Position in ASE Technology Holding Co., Ltd. $ASX

Vanguard Personalized Indexing Management LLC raised its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 35.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 315,055 shares of the semiconductor company’s stock after purchasing an additional 82,103 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in ASE Technology were worth $3,255,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of ASX. Acadian Asset Management LLC raised its stake in shares of ASE Technology by 35.0% in the first quarter. Acadian Asset Management LLC now owns 10,973,038 shares of the semiconductor company’s stock worth $96,110,000 after purchasing an additional 2,842,631 shares during the last quarter. Millennium Management LLC increased its position in shares of ASE Technology by 111.1% during the first quarter. Millennium Management LLC now owns 3,836,018 shares of the semiconductor company’s stock valued at $33,604,000 after acquiring an additional 2,018,815 shares during the last quarter. Jane Street Group LLC increased its position in shares of ASE Technology by 218.9% during the first quarter. Jane Street Group LLC now owns 1,452,919 shares of the semiconductor company’s stock valued at $12,728,000 after acquiring an additional 997,259 shares during the last quarter. TT International Asset Management LTD increased its position in shares of ASE Technology by 19,539.4% during the second quarter. TT International Asset Management LTD now owns 883,968 shares of the semiconductor company’s stock valued at $9,131,000 after acquiring an additional 879,467 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of ASE Technology by 15.6% during the first quarter. Goldman Sachs Group Inc. now owns 5,775,272 shares of the semiconductor company’s stock valued at $50,591,000 after acquiring an additional 780,651 shares during the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of ASE Technology in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

ASE Technology Price Performance

Shares of NYSE ASX opened at $11.32 on Wednesday. The stock has a fifty day simple moving average of $10.73 and a two-hundred day simple moving average of $9.97. ASE Technology Holding Co., Ltd. has a 1-year low of $6.94 and a 1-year high of $11.90. The firm has a market cap of $24.98 billion, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 0.66 and a beta of 1.37. The company has a current ratio of 1.02, a quick ratio of 0.79 and a debt-to-equity ratio of 0.57.

ASE Technology (NYSE:ASX) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). ASE Technology had a net margin of 5.48% and a return on equity of 10.33%. The firm had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $150.44 billion. Analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current 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.