ASE Technology Holding Co Ltd (NYSE:ASX) Stake Lessened by Jane Street Group LLC

Jane Street Group LLC lessened its position in shares of ASE Technology Holding Co Ltd (NYSE:ASX) by 72.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 115,997 shares of the semiconductor company’s stock after selling 302,342 shares during the period. Jane Street Group LLC’s holdings in ASE Technology were worth $443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of ASX. LMR Partners LLP raised its holdings in ASE Technology by 235.4% in the 4th quarter. LMR Partners LLP now owns 6,277,234 shares of the semiconductor company’s stock worth $23,959,000 after purchasing an additional 4,405,891 shares in the last quarter. Mondrian Investment Partners LTD raised its holdings in ASE Technology by 27.6% in the 4th quarter. Mondrian Investment Partners LTD now owns 2,498,365 shares of the semiconductor company’s stock worth $9,369,000 after purchasing an additional 540,000 shares in the last quarter. FNY Investment Advisers LLC bought a new position in ASE Technology in the 4th quarter worth $6,868,000. Vanguard Group Inc increased its stake in shares of ASE Technology by 2.5% in the 3rd quarter. Vanguard Group Inc now owns 1,687,374 shares of the semiconductor company’s stock worth $8,150,000 after acquiring an additional 41,421 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of ASE Technology by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 1,687,374 shares of the semiconductor company’s stock worth $8,150,000 after acquiring an additional 41,421 shares in the last quarter. 5.36% of the stock is currently owned by hedge funds and other institutional investors.

Shares of ASX traded up $0.11 on Friday, reaching $4.60. The company’s stock had a trading volume of 674,897 shares, compared to its average volume of 758,434. The company has a current ratio of 1.29, a quick ratio of 0.99 and a debt-to-equity ratio of 0.65. The company has a market cap of $9.94 billion, a price-to-earnings ratio of 11.79 and a beta of 0.90. ASE Technology Holding Co Ltd has a 12-month low of $3.46 and a 12-month high of $5.42.

ASE Technology (NYSE:ASX) last issued its quarterly earnings results on Wednesday, January 30th. The semiconductor company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.01). ASE Technology had a net margin of 6.44% and a return on equity of 11.80%. The firm had revenue of $3.70 billion for the quarter. As a group, analysts predict that ASE Technology Holding Co Ltd will post 0.35 EPS for the current fiscal year.

ASX has been the subject of several research reports. CLSA upgraded shares of ASE Technology to a “buy” rating in a research note on Tuesday, April 2nd. ValuEngine upgraded shares of ASE Technology from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. Zacks Investment Research upgraded shares of ASE Technology from a “sell” rating to a “hold” rating in a research note on Wednesday, February 27th. Finally, Macquarie upgraded shares of ASE Technology from an “underperform” rating to a “neutral” rating in a research note on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $4.75.

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ASE Technology Company Profile

ASE Technology Holding Co, Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services (EMS) in the United States, Taiwan, Asia, Europe, and internationally. The company offers packaging services, including flip-chip ball grid array (BGA), flip-chip chip scale package (fcCSP), advanced chip scale packages (aCSP), quad flat packages, thin quad flat packages, bump chip carrier and quad flat no-lead (QFN) packages, advanced QFN packages, plastic BGAs, high-band package on package, and 3D chip packages; stacked die solutions in various package types; and copper wire and silver bonding solutions, as well as module-based solutions.

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

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