Du-Tsuen Uang Sells Shares of ASE Technology
ASE Technology's Chief Administration Officer sells 3,000 shares.
Key Points
- Du-Tsuen Uang, ASE Technology's Chief Administration Officer, sold 3,000 shares valued at $2.09 million on June 23, 2026.
- Shares of NYSE:ASX traded near $43.62 on Tuesday, with a market cap of $95.7 billion and a P/E ratio of 68.16.
- BlackRock increased its stake in ASE Technology by 2.7 million shares, while Lazard Asset Management reduced its holdings by 6.5 million shares.
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Du-Tsuen Uang, the Chief Administration Officer at ASE Technology Holding Co., Ltd. (NYSE: ASX), sold 3,000 shares of the company on June 23, 2026. These shares were sold at an average price of $697 each, amounting to a total transaction value of approximately $2.09 million. This sale was not part of a pre-planned trading program.
Insider Buying and Selling at ASE Technology Holding Co., Ltd.
On June 23, 2026, Du-Tsuen Uang sold 3,000 shares of ASE Technology at an average price of $697 per share. Earlier, on June 22, Uang sold 5,000 shares at $667, and on June 18, he sold another 3,000 shares at $611. Other insiders, such as Antonia Korsanos and Jamie Odell, also engaged in transactions, with Korsanos buying 135,000 shares on June 15 at $35.42 each.
Other Institutional Activity in ASE Technology
BlackRock, Inc. grew its holdings in ASE Technology by 2,726,484 shares, ending with 22,187,464 shares worth about $481.0 million. Lazard Asset Management LLC reduced its stake by 6,480,696 shares, now holding 13,530,133 shares valued at $293.3 million. UBS Group AG added 245,443 shares, bringing its total to 9,283,765 shares, valued at $201.3 million. Meanwhile, Acadian Asset Management LLC increased its stake by 1,108,368 shares, totaling 7,370,434 shares worth $159.8 million. Conversely, Morgan Stanley cut its position by 3,879,379 shares, leaving it with 6,728,209 shares valued at $145.9 million.
ASE Technology Holding Co., Ltd. Stock Up 5.3%
Shares of ASE Technology (NYSE: ASX) traded near $43.62 on Tuesday. The company boasts a market cap of $95.7 billion and a P/E ratio of 68.16. Its forward P/E stands at 30.46, with a beta of 1.477. The stock has experienced a 52-week low of $9.30 and a high of $44.46. Its 50-day moving average is $33.49, while the 200-day moving average is $21.02. The company's current ratio is 1.15, and its quick ratio is 0.86, with a debt-to-equity ratio of 67.16.
$ASX stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
ASE Technology reported revenue of approximately $670.9 billion, reflecting a growth rate of 17.2%. The company's net margin stands at 7.04%, and it has a return on equity of 13.58%. The earnings per share (EPS) is $0.64. The next earnings report is expected on July 30, 2026.
Dividend
ASE Technology offers 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 to a 'buy' rating with a price target of $9.20. The consensus among analysts is a strong buy, with a mean target price of $36.47 based on two analyst opinions.
About ASE Technology
ASE Technology Holding Co., Ltd. is a leading provider of semiconductor manufacturing services, headquartered in Kaohsiung, Taiwan. The company, led by CEO Mr. Hung-Pen Chang, operates in the technology sector, specifically in semiconductors. It offers a wide range of services including semiconductor packaging, testing, and electronic manufacturing services. ASE Technology has a global presence, serving markets in the United States, Taiwan, and other regions.
Bottom Line
Insider transactions, such as those by Du-Tsuen Uang, can provide insights into how company executives view the stock's prospects. ASE Technology's stock remains a focus for investors due to its substantial market cap and presence in the semiconductor industry. Institutional activities and analyst ratings further highlight its potential market movements.
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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.