First Affirmative Financial Network Buys 2,733 Shares of ASE Technology Holding Co., Ltd. (NYSE:ASX)

First Affirmative Financial Network grew its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 17.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 18,063 shares of the semiconductor company’s stock after buying an additional 2,733 shares during the period. First Affirmative Financial Network’s holdings in ASE Technology were worth $182,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. R Squared Ltd acquired a new position in ASE Technology in the 4th quarter valued at approximately $51,000. Wilmington Savings Fund Society FSB acquired a new position in shares of ASE Technology in the third quarter valued at $77,000. GAMMA Investing LLC lifted its position in ASE Technology by 28.0% in the fourth quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock worth $96,000 after purchasing an additional 2,083 shares during the period. Werba Rubin Papier Wealth Management acquired a new stake in ASE Technology during the third quarter worth $100,000. Finally, Leo Wealth LLC bought a new stake in ASE Technology in the 3rd quarter valued at $114,000. Institutional investors own 6.80% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of ASE Technology from a “neutral” rating to a “buy” rating in a report on Tuesday, October 15th.

ASE Technology Trading Up 2.6 %

ASX stock opened at $10.09 on Friday. ASE Technology Holding Co., Ltd. has a 1-year low of $8.10 and a 1-year high of $12.86. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38. The business’s 50 day moving average is $10.20 and its 200-day moving average is $10.01. The firm has a market cap of $22.14 billion, a P/E ratio of 22.41, a P/E/G ratio of 0.46 and a beta of 1.19.

ASE Technology (NYSE:ASX) last released its quarterly earnings data on Thursday, October 31st. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). ASE Technology had a return on equity of 10.05% and a net margin of 5.47%. The company had revenue of $4.96 billion for the quarter. During the same period in the prior year, the company earned $0.13 EPS. Equities analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.48 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.