ASE Technology Holding Co., Ltd. (NYSE:ASX) Holdings Lowered by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC lessened its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 12.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,169 shares of the semiconductor company’s stock after selling 5,089 shares during the quarter. Schechter Investment Advisors LLC’s holdings in ASE Technology were worth $354,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP increased its position in shares of ASE Technology by 42.5% during the 4th 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 during the period. R Squared Ltd acquired a new position in shares of ASE Technology in the 4th quarter worth approximately $51,000. Wilmington Savings Fund Society FSB acquired a new stake in ASE Technology during the third quarter valued at approximately $77,000. Whipplewood Advisors LLC acquired a new position in ASE Technology in the fourth quarter worth approximately $93,000. Finally, GAMMA Investing LLC grew 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 buying an additional 2,083 shares during the last quarter. Institutional investors own 6.80% of the company’s stock.

ASE Technology Price Performance

Shares of NYSE:ASX opened at $10.29 on Thursday. The company has a market capitalization of $22.72 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 0.47 and a beta of 1.17. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The stock has a fifty day moving average of $10.42 and a 200-day moving average of $10.06. ASE Technology Holding Co., Ltd. has a one year low of $8.10 and a one year high of $12.86.

ASE Technology (NYSE:ASX) last released its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). ASE Technology had a net margin of 5.44% and a return on equity of 9.86%. As a group, equities analysts anticipate that ASE Technology Holding Co., Ltd. will post 0.76 EPS 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.