Du-Tsuen Uang Sells Shares of ASE Technology
ASE Technology's Chief Administration Officer sold 5,000 shares, valued at $3.34 million.
Key Points
- Du-Tsuen Uang, Chief Administration Officer at ASE Technology, sold 5,000 shares on June 22, 2026, for a total of $3.34 million.
- ASE Technology (NYSE:ASX) traded near $43.62 on Tuesday, with a market cap of $95.7 billion and a forward P/E of 30.46.
- Institutional investors like BlackRock and UBS adjusted their holdings, while analysts have set a strong buy consensus with a mean target price of $36.47.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Du-Tsuen Uang, the Chief Administration Officer of ASE Technology Holding Co., Ltd. (NYSE: ASX), sold 5,000 shares of the company on June 22, 2026. The shares were sold at an average price of $667 each, amounting to a total transaction value of $3.34 million. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at ASE Technology Holding Co., Ltd.
Du-Tsuen Uang has been active in trading shares recently, with multiple sales in June 2026. On June 23, he sold 3,000 shares at $697 each, and previously, on June 18, he sold another 3,000 shares at $611 each. Other insiders, including Antonia Korsanos and Jamie Odell, also conducted transactions on June 16, with Korsanos buying 135,000 shares at $35.42 on June 15.
Other Institutional Activity in ASE Technology
Several institutional investors have adjusted their positions in ASE Technology. BlackRock, Inc. increased its holdings by 2,726,484 shares, bringing its total to 22,187,464 shares valued at approximately $481 million. Lazard Asset Management LLC reduced its stake by 6,480,696 shares, now holding 13,530,133 shares worth $293 million. UBS Group AG added 245,443 shares, totaling 9,283,765 shares valued at $201 million. Acadian Asset Management LLC boosted its position by 1,108,368 shares, reaching 7,370,434 shares valued at nearly $160 million. Meanwhile, Bank of America Corp and Morgan Stanley reduced their holdings by significant margins.
ASE Technology Holding Co., Ltd. Stock Up 5.3%
Shares of ASE Technology (NYSE: ASX) traded near $43.62 on Tuesday. The company has a market capitalization of approximately $95.7 billion and a forward P/E ratio of 30.46. Its beta is 1.477, indicating a higher volatility compared to the market. The stock has seen a 52-week low of $9.30 and a high of $44.46, with a 50-day moving average of $33.49 and a 200-day moving average of $21.02.
$ASX stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
ASE Technology reported revenues of $670.9 billion, reflecting a growth of 17.2%. The company's net margin stands at 7.04%, with a return on equity (ROE) of 13.58%. Its earnings per share (EPS) is $0.64. The next earnings report is scheduled for July 30, 2026.
Dividend
ASE Technology pays an annual dividend rate of $0.36, yielding 0.88%. The dividend payout ratio is 50.88%.
Analysts Set New Price Targets
On July 28, 2023, Goldman Sachs upgraded ASE Technology's stock to a 'buy' rating with a price target of $9.20. The consensus among analysts is a 'strong buy', with an average target price of $36.47 based on two analyst opinions.
About ASE Technology Holding Co., Ltd.
ASE Technology Holding Co., Ltd. is a leading provider of semiconductor manufacturing services, headquartered in Kaohsiung, Taiwan. The company operates in the technology sector, specifically in semiconductors, offering packaging, testing, and electronic manufacturing services. ASE Technology serves a global market, including the United States, Asia, and Europe, and is led by CEO Hung-Pen Chang. The company employs approximately 107,950 people.
Bottom Line
ASE Technology's recent insider trading activity by Du-Tsuen Uang highlights significant transactions amidst a period of institutional adjustments. Investors keep a close watch on these moves, as 13F filings and insider trades provide insight into market sentiment. However, these filings are backward-looking and may not reflect current positions.
Get ASE Technology Holding Co., Ltd. alerts
New 13F filings, insider trades, and analyst moves on $ASX, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.