ASE Technology Holding Co., Ltd. $ASX Shares Bought by Hantz Financial Services Inc.

Hantz Financial Services Inc. raised its stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 84.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,543 shares of the semiconductor company’s stock after acquiring an additional 28,718 shares during the quarter. Hantz Financial Services Inc.’s holdings in ASE Technology were worth $1,007,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp raised its stake in shares of ASE Technology by 16.9% during the 1st quarter. Jones Financial Companies Lllp now owns 13,425 shares of the semiconductor company’s stock worth $118,000 after buying an additional 1,943 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of ASE Technology by 15.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,775,272 shares of the semiconductor company’s stock worth $50,591,000 after buying an additional 780,651 shares during the period. Geode Capital Management LLC raised its stake in shares of ASE Technology by 16.3% during the 2nd quarter. Geode Capital Management LLC now owns 13,576 shares of the semiconductor company’s stock worth $140,000 after buying an additional 1,901 shares during the period. Legal & General Group Plc raised its stake in shares of ASE Technology by 261.9% during the 2nd quarter. Legal & General Group Plc now owns 15,647 shares of the semiconductor company’s stock worth $162,000 after buying an additional 11,324 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of ASE Technology by 537.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,928 shares of the semiconductor company’s stock worth $51,000 after buying an additional 4,155 shares during the period. 6.80% of the stock is owned by institutional investors and hedge funds.

ASE Technology Stock Performance

NYSE ASX opened at $39.05 on Thursday. The stock has a market cap of $86.83 billion, a PE ratio of 57.43, a P/E/G ratio of 0.78 and a beta of 1.68. The company has a current ratio of 1.15, a quick ratio of 0.89 and a debt-to-equity ratio of 0.53. ASE Technology Holding Co., Ltd. has a twelve month low of $9.23 and a twelve month high of $40.48. The stock has a fifty day simple moving average of $28.34 and a 200-day simple moving average of $21.91.

ASE Technology (NYSE:ASX) last posted its earnings results on Wednesday, April 29th. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.03. ASE Technology had a return on equity of 13.48% and a net margin of 7.03%.The firm had revenue of $5.43 billion for the quarter, compared to analyst estimates of $5.32 billion. Equities analysts anticipate that ASE Technology Holding Co., Ltd. will post 1.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ASX shares. Zacks Research raised ASE Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Wall Street Zen raised ASE Technology from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

ASE Technology Company Profile

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.