Gould Asset Management LLC CA bought a new stake in shares of ASUSTeK Computer Inc. (OTCMKTS:ASUUY – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 42,032 shares of the company’s stock, valued at approximately $12,162,000. ASUSTeK Computer comprises approximately 1.9% of Gould Asset Management LLC CA’s holdings, making the stock its 12th largest position.
Separately, J.Safra Asset Management Corp purchased a new position in shares of ASUSTeK Computer during the 2nd quarter worth $10,036,000. Hedge funds and other institutional investors own 0.12% of the company’s stock.
ASUSTeK Computer Price Performance
Shares of ASUUY stock opened at $115.00 on Monday. ASUSTeK Computer Inc. has a 1 year low of $57.73 and a 1 year high of $115.00. The firm has a fifty day moving average price of $108.79 and a 200-day moving average price of $91.61.
ASUSTeK Computer Profile
ASUSTeK Computer Inc, commonly known as ASUS, is a Taiwanese multinational company specializing in the design and manufacture of computer hardware, electronics and related services. Founded in 1989 in Taipei by T.H. Tung, Ted Hsu, Wayne Hsieh and M.T. Liao, ASUS has grown into one of the world’s leading suppliers of motherboards, graphics cards, desktops and laptops. The company’s portfolio also extends to monitors, networking equipment, servers, workstations and accessories tailored for both consumer and enterprise markets.
ASUS is perhaps best known for its Republic of Gamers (ROG) brand, which offers high-performance products aimed at gamers and e-sports enthusiasts.
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