Larson Financial Group LLC Cuts Position in ASE Technology Holding Co., Ltd. (NYSE:ASX)

Larson Financial Group LLC decreased its position in ASE Technology Holding Co., Ltd. (NYSE:ASX) by 0.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 200,499 shares of the semiconductor company’s stock after selling 1,452 shares during the quarter. Larson Financial Group LLC’s holdings in ASE Technology were worth $1,887,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pathstone Family Office LLC purchased a new position in ASE Technology in the third quarter valued at $93,000. BetterWealth LLC purchased a new position in ASE Technology in the fourth quarter valued at $94,000. Capital Management Associates Inc purchased a new position in ASE Technology in the fourth quarter valued at $94,000. Private Advisor Group LLC purchased a new position in ASE Technology in the third quarter valued at $101,000. Finally, Arkadios Wealth Advisors increased its holdings in ASE Technology by 20.6% in the third quarter. Arkadios Wealth Advisors now owns 13,759 shares of the semiconductor company’s stock valued at $103,000 after buying an additional 2,348 shares during the last quarter. Hedge funds and other institutional investors own 6.80% of the company’s stock.

ASE Technology Stock Up 1.8 %

NYSE:ASX traded up $0.18 during trading hours on Tuesday, hitting $10.36. The company’s stock had a trading volume of 1,650,585 shares, compared to its average volume of 6,083,305. The stock has a market capitalization of $22.71 billion, a P/E ratio of 21.62, a price-to-earnings-growth ratio of 0.52 and a beta of 1.25. The stock has a fifty day moving average of $10.55 and a 200-day moving average of $9.29. The company has a current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. ASE Technology Holding Co., Ltd. has a 52-week low of $6.70 and a 52-week high of $11.68.

ASE Technology (NYSE:ASX) last posted its earnings results on Wednesday, January 31st. The semiconductor company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. ASE Technology had a return on equity of 10.29% and a net margin of 5.44%. The firm had revenue of $5.05 billion for the quarter. During the same period last year, the company earned $0.23 EPS. On average, equities analysts forecast that ASE Technology Holding Co., Ltd. will post 0.67 earnings per share 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.