37,400 Shares in ASE Technology Holding Co., Ltd. $ASX Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 37,400 shares of the semiconductor company’s stock, valued at approximately $602,000.

Several other large investors have also recently modified their holdings of the company. Parallel Advisors LLC raised its stake in shares of ASE Technology by 1.9% during the 4th quarter. Parallel Advisors LLC now owns 25,975 shares of the semiconductor company’s stock worth $418,000 after acquiring an additional 482 shares in the last quarter. Vise Technologies Inc. grew its position in ASE Technology by 8.3% during the 4th quarter. Vise Technologies Inc. now owns 61,138 shares of the semiconductor company’s stock worth $984,000 after purchasing an additional 4,686 shares during the last quarter. TD Asset Management Inc purchased a new stake in ASE Technology during the 4th quarter worth approximately $186,000. Greenspring Advisors LLC purchased a new stake in ASE Technology during the 4th quarter worth approximately $290,000. Finally, Natixis Advisors LLC grew its position in ASE Technology by 1.7% during the 4th quarter. Natixis Advisors LLC now owns 2,543,138 shares of the semiconductor company’s stock worth $40,945,000 after purchasing an additional 42,623 shares during the last quarter. Institutional investors own 6.80% of the company’s stock.

Analysts Set New Price Targets

ASX has been the topic of several research analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of ASE Technology in a research report on Tuesday. Wall Street Zen raised shares of ASE Technology from a “hold” rating to a “buy” rating in a research report on Sunday, April 5th. Finally, Zacks Research raised shares of ASE Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

ASE Technology Stock Down 2.3%

NYSE:ASX opened at $34.27 on Thursday. The company has a market cap of $76.19 billion, a PE ratio of 50.39, a P/E/G ratio of 0.70 and a beta of 1.72. ASE Technology Holding Co., Ltd. has a twelve month low of $9.30 and a twelve month high of $41.10. The company has a current ratio of 1.15, a quick ratio of 0.89 and a debt-to-equity ratio of 0.53. The company’s 50 day moving average is $31.49 and its two-hundred day moving average is $23.51.

ASE Technology (NYSE:ASX) last released its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. The business had revenue of $5.43 billion for the quarter, compared to the consensus estimate of $5.32 billion. ASE Technology had a net margin of 7.03% and a return on equity of 13.48%. Analysts anticipate that ASE Technology Holding Co., Ltd. will post 1.05 EPS for the current year.

ASE Technology 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.