First Affirmative Financial Network Grows Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

First Affirmative Financial Network increased its position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 41.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,507 shares of the semiconductor company’s stock after buying an additional 7,444 shares during the period. First Affirmative Financial Network’s holdings in ASE Technology were worth $223,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC increased its stake in shares of ASE Technology by 166.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company’s stock worth $37,000 after buying an additional 2,307 shares during the period. Allworth Financial LP boosted its holdings in ASE Technology by 42.5% in the fourth 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 in the last quarter. Whipplewood Advisors LLC acquired a new position in ASE Technology in the fourth quarter valued at approximately $93,000. GeoWealth Management LLC boosted its holdings in ASE Technology by 75.3% in the fourth quarter. GeoWealth Management LLC now owns 10,071 shares of the semiconductor company’s stock valued at $101,000 after purchasing an additional 4,327 shares in the last quarter. Finally, Xponance Inc. acquired a new position in ASE Technology in the fourth quarter valued at approximately $103,000. 6.80% of the stock is currently owned by hedge funds and other institutional investors.

ASE Technology Stock Performance

Shares of ASX opened at $9.70 on Friday. The stock has a 50 day moving average price of $8.97 and a 200 day moving average price of $9.72. The company has a quick ratio of 0.93, a current ratio of 1.19 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $21.41 billion, a price-to-earnings ratio of 21.56, a price-to-earnings-growth ratio of 0.47 and a beta of 1.23. ASE Technology Holding Co., Ltd. has a 52-week low of $6.94 and a 52-week high of $12.86.

ASE Technology (NYSE:ASX) last announced its quarterly earnings results on Wednesday, April 30th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). The business had revenue of $4.59 billion during the quarter, compared to analyst estimates of $143.62 billion. ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. Research analysts predict that ASE Technology Holding Co., Ltd. will post 0.76 EPS for the current fiscal year.

ASE Technology Company 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.