ASE Technology Holding Co., Ltd. (NYSE:ASX) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. decreased its holdings in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) by 2.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,544,114 shares of the semiconductor company’s stock after selling 37,245 shares during the period. Crossmark Global Holdings Inc.’s holdings in ASE Technology were worth $15,550,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ASX. Aaron Wealth Advisors LLC boosted its holdings in 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 purchasing an additional 1,370 shares during the last quarter. First Affirmative Financial Network lifted its holdings in ASE Technology by 13.7% in the third quarter. First Affirmative Financial Network now owns 15,330 shares of the semiconductor company’s stock valued at $150,000 after acquiring an additional 1,851 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in ASE Technology by 13.7% in the second quarter. EverSource Wealth Advisors LLC now owns 17,295 shares of the semiconductor company’s stock worth $198,000 after acquiring an additional 2,083 shares during the period. GAMMA Investing LLC raised its stake in shares of ASE Technology by 28.0% in the 4th quarter. GAMMA Investing LLC now owns 9,521 shares of the semiconductor company’s stock valued at $96,000 after acquiring an additional 2,083 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its stake in ASE Technology by 16.5% during the third quarter. OneDigital Investment Advisors LLC now owns 17,193 shares of the semiconductor company’s stock worth $168,000 after purchasing an additional 2,431 shares in the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, UBS Group raised shares of ASE Technology from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 15th.

ASE Technology Trading Up 0.1 %

Shares of ASE Technology stock opened at $10.53 on Tuesday. The company has a fifty day simple moving average of $10.09 and a 200-day simple moving average of $10.07. The stock has a market cap of $23.10 billion, a price-to-earnings ratio of 23.39, a PEG ratio of 0.44 and a beta of 1.19. ASE Technology Holding Co., Ltd. has a 12-month low of $8.10 and a 12-month high of $12.86. The company has a current ratio of 1.18, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38.

ASE Technology (NYSE:ASX) last issued its quarterly earnings data on Thursday, October 31st. The semiconductor company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). The business had revenue of $4.96 billion for the quarter. ASE Technology had a return on equity of 10.05% and a net margin of 5.47%. During the same quarter in the prior year, the firm earned $0.13 earnings per share. On average, equities analysts forecast that ASE Technology Holding Co., Ltd. will post 0.48 EPS for the current fiscal year.

ASE Technology Company 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.