Avantax Advisory Services Inc. Increases Holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Avantax Advisory Services Inc. lifted its stake in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 190,343 shares of the semiconductor company’s stock after purchasing an additional 2,677 shares during the quarter. Avantax Advisory Services Inc.’s holdings in ASE Technology were worth $1,917,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP boosted its stake in ASE Technology by 42.5% during the fourth quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after buying an additional 1,104 shares during the period. Aaron Wealth Advisors LLC raised its holdings in shares of ASE Technology by 5.9% in the 4th quarter. Aaron Wealth Advisors LLC now owns 24,422 shares of the semiconductor company’s stock valued at $246,000 after acquiring an additional 1,370 shares in the last quarter. Inspire Advisors LLC boosted its position in shares of ASE Technology by 12.6% during the 4th quarter. Inspire Advisors LLC now owns 16,517 shares of the semiconductor company’s stock valued at $166,000 after acquiring an additional 1,844 shares during the last quarter. Wealthstream Advisors Inc. grew its holdings in shares of ASE Technology by 14.8% during the fourth quarter. Wealthstream Advisors Inc. now owns 15,154 shares of the semiconductor company’s stock worth $153,000 after purchasing an additional 1,955 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of ASE Technology by 28.0% in the fourth quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock worth $96,000 after purchasing an additional 2,083 shares during the last quarter. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Trading Up 1.1 %

Shares of ASE Technology stock opened at $9.76 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.19 and a quick ratio of 0.93. ASE Technology Holding Co., Ltd. has a 1 year low of $8.10 and a 1 year high of $12.86. The firm has a market cap of $21.55 billion, a PE ratio of 21.70, a PEG ratio of 0.47 and a beta of 1.21. The company has a 50 day simple moving average of $10.33 and a two-hundred day simple moving average of $10.06.

ASE Technology (NYSE:ASX) last posted its quarterly earnings data on Thursday, February 13th. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). ASE Technology had a return on equity of 9.86% and a net margin of 5.44%. Analysts expect that ASE Technology Holding Co., Ltd. will post 0.76 earnings per share for the current fiscal year.

ASE Technology Profile

ASE Technology Holding Co, Ltd., together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally. It develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; commercial complex, after-sales, and support services; manages parking lot services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology.