ASE Technology Holding Co., Ltd. $ASX Stock Holdings Increased by Capula Management Ltd

Capula Management Ltd boosted its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 200.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 650,494 shares of the semiconductor company’s stock after purchasing an additional 433,965 shares during the period. Capula Management Ltd’s holdings in ASE Technology were worth $7,214,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Frank Rimerman Advisors LLC grew its position in ASE Technology by 1.8% in the third quarter. Frank Rimerman Advisors LLC now owns 36,780 shares of the semiconductor company’s stock worth $408,000 after buying an additional 650 shares during the last quarter. GeoWealth Management LLC lifted its position in shares of ASE Technology by 5.8% during the 3rd quarter. GeoWealth Management LLC now owns 13,747 shares of the semiconductor company’s stock valued at $152,000 after acquiring an additional 750 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of ASE Technology by 16.1% during the 3rd quarter. Global Retirement Partners LLC now owns 5,921 shares of the semiconductor company’s stock valued at $66,000 after acquiring an additional 823 shares during the last quarter. CWM LLC boosted its stake in shares of ASE Technology by 5.0% during the 3rd quarter. CWM LLC now owns 17,578 shares of the semiconductor company’s stock worth $195,000 after acquiring an additional 838 shares in the last quarter. Finally, MGO One Seven LLC boosted its stake in shares of ASE Technology by 8.7% during the 3rd quarter. MGO One Seven LLC now owns 10,906 shares of the semiconductor company’s stock worth $121,000 after acquiring an additional 872 shares in the last quarter. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Stock Up 2.4%

Shares of NYSE:ASX opened at $21.49 on Friday. The firm has a 50 day simple moving average of $20.99 and a 200 day simple moving average of $16.06. ASE Technology Holding Co., Ltd. has a 52 week low of $6.94 and a 52 week high of $25.28. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.00 and a current ratio of 1.28. The company has a market cap of $47.66 billion, a PE ratio of 37.04, a price-to-earnings-growth ratio of 0.89 and a beta of 1.42.

ASE Technology (NYSE:ASX) last posted its quarterly earnings data on Thursday, February 5th. The semiconductor company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.09). ASE Technology had a return on equity of 12.00% and a net margin of 6.31%.The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.47 billion. As a group, research analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

ASX has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of ASE Technology in a report on Wednesday, January 21st. Wall Street Zen upgraded ASE Technology from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, Zacks Research cut ASE Technology from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About ASE Technology

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.