Foster & Motley Inc. Acquires Shares of 255,657 ASUSTeK Computer Inc. $ASUUY

Foster & Motley Inc. bought a new stake in ASUSTeK Computer Inc. (OTCMKTS:ASUUY) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 255,657 shares of the company’s stock, valued at approximately $73,977,000. ASUSTeK Computer makes up 3.4% of Foster & Motley Inc.’s investment portfolio, making the stock its 4th biggest holding.

Separately, J.Safra Asset Management Corp acquired a new position in shares of ASUSTeK Computer during the 2nd quarter worth $10,036,000. Institutional investors own 0.12% of the company’s stock.

ASUSTeK Computer Price Performance

OTCMKTS:ASUUY opened at $115.00 on Wednesday. The stock’s 50-day simple moving average is $109.43 and its 200 day simple moving average is $92.10. ASUSTeK Computer Inc. has a twelve month low of $57.73 and a twelve month high of $115.00.

ASUSTeK Computer Company Profile

ASUSTeK Computer Inc, commonly known as ASUS, is a Taiwanese multinational company specializing in the design and manufacture of computer hardware, electronics and related services. Founded in 1989 in Taipei by T.H. Tung, Ted Hsu, Wayne Hsieh and M.T. Liao, ASUS has grown into one of the world’s leading suppliers of motherboards, graphics cards, desktops and laptops. The company’s portfolio also extends to monitors, networking equipment, servers, workstations and accessories tailored for both consumer and enterprise markets.

ASUS is perhaps best known for its Republic of Gamers (ROG) brand, which offers high-performance products aimed at gamers and e-sports enthusiasts.