Congress Wealth Management LLC DE Purchases Shares of 26,148 ASE Technology Holding Co., Ltd. (NYSE:ASX)

Congress Wealth Management LLC DE acquired a new position in shares of ASE Technology Holding Co., Ltd. (NYSE:ASX) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 26,148 shares of the semiconductor company’s stock, valued at approximately $263,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC lifted its position in ASE Technology by 166.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,694 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 2,307 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of ASE Technology by 42.5% in the 4th quarter. Allworth Financial LP now owns 3,700 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 1,104 shares during the last quarter. R Squared Ltd purchased a new position in ASE Technology in the fourth quarter worth about $51,000. Wilmington Savings Fund Society FSB bought a new stake in ASE Technology during the third quarter worth approximately $77,000. Finally, Whipplewood Advisors LLC purchased a new stake in ASE Technology during the fourth quarter valued at approximately $93,000. 6.80% of the stock is currently owned by institutional investors.

ASE Technology Price Performance

Shares of ASE Technology stock opened at $8.81 on Friday. The stock has a market cap of $19.44 billion, a price-to-earnings ratio of 19.57, a price-to-earnings-growth ratio of 0.47 and a beta of 1.21. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.93 and a current ratio of 1.19. The stock has a 50 day moving average price of $10.16 and a 200-day moving average price of $10.07. ASE Technology Holding Co., Ltd. has a one year low of $8.10 and a one year high of $12.86.

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