WINTON GROUP Ltd Takes Position in ASE Technology Holding Co., Ltd. $ASX

WINTON GROUP Ltd acquired a new stake in ASE Technology Holding Co., Ltd. (NYSE:ASX) during the 4th quarter, Holdings Channel.com reports. The fund acquired 37,400 shares of the semiconductor company’s stock, valued at approximately $602,000.

Other large investors have also made changes to their positions in the company. Nisa Investment Advisors LLC purchased a new stake in shares of ASE Technology in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC boosted its holdings in shares of ASE Technology by 1,704.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 2,506 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in ASE Technology during the fourth quarter worth $32,000. SBI Securities Co. Ltd. boosted its holdings in ASE Technology by 256.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 2,495 shares of the semiconductor company’s stock worth $40,000 after buying an additional 1,795 shares in the last quarter. Finally, WealthCollab LLC boosted its holdings in ASE Technology by 55.2% during the second quarter. WealthCollab LLC now owns 4,850 shares of the semiconductor company’s stock worth $50,000 after buying an additional 1,726 shares in the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

ASE Technology Stock Performance

Shares of NYSE ASX opened at $34.27 on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.89 and a current ratio of 1.15. The company’s fifty day moving average price is $31.49 and its 200 day moving average price is $23.51. The company has a market capitalization of $76.19 billion, a PE ratio of 50.39, a price-to-earnings-growth ratio of 0.70 and a beta of 1.72. ASE Technology Holding Co., Ltd. has a 1 year low of $9.30 and a 1 year high of $41.10.

ASE Technology (NYSE:ASX) last posted its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The company had revenue of $5.43 billion during the quarter, compared to analysts’ expectations of $5.32 billion. ASE Technology had a net margin of 7.03% and a return on equity of 13.48%. On average, research analysts predict that ASE Technology Holding Co., Ltd. will post 1.05 earnings per share for the current year.

Analyst Ratings Changes

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

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.