Barclays Reduces $14M in ASE Technology Holding Co., Ltd. ($ASX)
Key Points
- Barclays changed its ASE Technology Holding Co., Ltd. ($ASX) stake by 10.1% last quarter, cutting to 3,371,790 shares worth $124.08 million.
- Wall Street's consensus rating on $ASX is Strong Buy and an average price target of $38.65.
- $ASX last traded around $36.80.
Barclays reduced its position in ASE Technology Holding Co., Ltd. ($ASX) by 10.1% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,371,790 shares of ASE Technology Holding Co., Ltd. after selling 376,780 shares during the quarter. Barclays's holdings in ASE Technology Holding Co., Ltd. were worth $124.08 million as of its most recent filing.
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About ASE Technology Holding Co., Ltd.
ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, and EMS. The company offers semiconductor packaging, interconnect materials production, front-end engineering testing, wafer probing, and final testing services, as well as integrated solutions for EMS (electronic manufacturing services) in relation to computing, peripherals, communications, industrial, automotive, and server applications. It also provides turnkey services, such as packaging, testing, and direct shipment of semiconductors to end users; wire bonding, including lead frame and substrate-based packages; advanced packages; heterogeneous integration; and other test-related services. In addition, the company engages in the leasing of properties; development, construction, sale, and management of real estate properties; management of parking lot; leasing of properties for shopping center; and management of commercial complex services and department store trading activities, as well as offers social, marketing and sales, information software, leasing and investing, and after-sales and sales support services. Further, it engages in the substrates production; investment advisory and warehousing management; design and manufacturing of electronic components and new electronic applications; technical advisory; management, training, and consulting of organization and human resources; projection of plastic; manufacture and sale of antennas, RF amplifiers and wave straps, PCBs, and tuners; and research and development activities. ASE Technology Holding Co., Ltd. was founded in 1984 and is based in Kaohsiung, Taiwan.
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