Profund Advisors LLC Grows Stake in ASE Technology Holding Co., Ltd. $ASX

Posted by Francis Steltz on May 21st, 2026

Profund Advisors LLC raised its holdings in ASE Technology Holding Co., Ltd. (NYSE:ASX – Free Report) by 21.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 112,432 shares of the semiconductor company’s stock after buying an additional 19,570 shares during the quarter. Profund Advisors LLC’s holdings in ASE Technology were worth $1,810,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in ASX. Nisa Investment Advisors LLC purchased a new stake in ASE Technology in the fourth quarter worth $27,000. Smartleaf Asset Management LLC boosted its holdings in ASE Technology by 1,704.8% in the third quarter. Smartleaf Asset Management LLC now owns 2,653 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 2,506 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in ASE Technology during the 4th quarter valued at $32,000. SBI Securities Co. Ltd. raised its holdings in ASE Technology by 256.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 2,495 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 1,795 shares in the last quarter. Finally, WealthCollab LLC raised its holdings in ASE Technology by 55.2% in the 2nd quarter. WealthCollab LLC now owns 4,850 shares of the semiconductor company’s stock worth $50,000 after purchasing an additional 1,726 shares in the last quarter. 6.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ASX has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ASE Technology in a research note on Wednesday, January 21st. Wall Street Zen raised shares of ASE Technology from a “hold” rating to a “buy” rating in a research note on Sunday, April 5th. Finally, Zacks Research upgraded shares of ASE Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, ASE Technology has a consensus rating of “Buy”.

View Our Latest Research Report on ASE Technology

ASE Technology Price Performance

Shares of ASX stock opened at $31.71 on Thursday. The business’s fifty day moving average is $26.89 and its 200 day moving average is $21.19. The company has a quick ratio of 0.89, a current ratio of 1.15 and a debt-to-equity ratio of 0.53. The stock has a market cap of $70.52 billion, a price-to-earnings ratio of 46.64, a PEG ratio of 0.62 and a beta of 1.68. ASE Technology Holding Co., Ltd. has a twelve month low of $9.23 and a twelve month high of $35.71.

ASE Technology (NYSE:ASX – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. The business had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.32 billion. ASE Technology had a return on equity of 13.48% and a net margin of 7.03%. Research analysts expect that ASE Technology Holding Co., Ltd. will post 1.05 EPS for the current fiscal year.

About ASE Technology

(Free Report)

ASE Technology Holding Co, Ltd. (NYSE: ASX), commonly referred to as ASE, is a Taiwan-based provider of semiconductor assembly and testing services. The company focuses on back-end semiconductor manufacturing and related services that prepare integrated circuits and other semiconductor devices for final use. Its core activities include advanced IC packaging, final testing, wafer probing, and related engineering and supply-chain support for semiconductor customers.

ASE offers a range of products and technical capabilities designed to meet increasingly complex packaging and system-in-package requirements.