We Are One Seven LLC grew its stake in ASE Technology Holding Co Ltd (NYSE:ASX) by 159.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,296 shares of the semiconductor company’s stock after buying an additional 10,624 shares during the quarter. We Are One Seven LLC’s holdings in ASE Technology were worth $74,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. ETRADE Capital Management LLC raised its holdings in shares of ASE Technology by 2.3% during the fourth quarter. ETRADE Capital Management LLC now owns 120,325 shares of the semiconductor company’s stock valued at $451,000 after acquiring an additional 2,732 shares during the last quarter. Wetherby Asset Management Inc. raised its holdings in shares of ASE Technology by 3.0% during the fourth quarter. Wetherby Asset Management Inc. now owns 138,271 shares of the semiconductor company’s stock valued at $518,000 after acquiring an additional 4,070 shares during the last quarter. Nuveen Asset Management LLC raised its holdings in shares of ASE Technology by 10.0% during the fourth quarter. Nuveen Asset Management LLC now owns 49,205 shares of the semiconductor company’s stock valued at $185,000 after acquiring an additional 4,460 shares during the last quarter. Navellier & Associates Inc raised its holdings in shares of ASE Technology by 90.1% during the fourth quarter. Navellier & Associates Inc now owns 13,704 shares of the semiconductor company’s stock valued at $51,000 after acquiring an additional 6,496 shares during the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in shares of ASE Technology during the fourth quarter valued at approximately $35,000. 5.47% of the stock is owned by institutional investors and hedge funds.

Shares of ASE Technology stock opened at $4.49 on Monday. The company has a quick ratio of 0.99, a current ratio of 1.29 and a debt-to-equity ratio of 0.65. The company has a market cap of $9.79 billion, a price-to-earnings ratio of 11.51 and a beta of 0.89. ASE Technology Holding Co Ltd has a 12 month low of $3.46 and a 12 month high of $8.00.

ASE Technology (NYSE:ASX) last posted its quarterly earnings results on Wednesday, January 30th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The company had revenue of $3.70 billion during the quarter. ASE Technology had a net margin of 6.83% and a return on equity of 11.81%. As a group, equities research analysts anticipate that ASE Technology Holding Co Ltd will post 0.35 EPS for the current fiscal year.

A number of brokerages have commented on ASX. CLSA raised ASE Technology to a “buy” rating in a report on Tuesday, April 2nd. Zacks Investment Research cut ASE Technology from a “buy” rating to a “hold” rating in a report on Tuesday, April 2nd. ValuEngine raised ASE Technology from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, Macquarie cut ASE Technology from a “neutral” rating to an “underperform” rating in a report on Wednesday, January 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $4.75.

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ASE Technology Company Profile

ASE Technology Holding Co, Ltd. engages in the provision of semiconductor manufacturing services in assembly and test. The firm develops and offers turnkey solutions for the front-end engineering test, wafer probing and final test, as well IC packaging, materials and electronic manufactures services.

Further Reading: Support Level

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Institutional Ownership by Quarter for ASE Technology (NYSE:ASX)

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