Sequoia Financial Advisors 13F: Adds $114K to ASX Stake

Sequoia Financial Advisors has boosted its holdings in ASE Technology Holding Co., Ltd. (NYSE: ASX) by adding 2,525 shares. This change brings its total stake to 141,149 shares, valued at approximately $6.16 million, based on its latest Form 13F filing with the SEC. The filing reflects holdings as of April 30, 2026.

What Changed in Sequoia Financial Advisors' ASE Technology Position

Sequoia Financial Advisors increased its position in ASE Technology by 1.82%, adding 2,525 shares to reach a total of 141,149 shares. The stake is now valued at roughly $6.16 million.

Other Institutional Activity in ASE Technology

Several other institutional investors have also adjusted their positions in ASE Technology. BlackRock, Inc. grew its holdings 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, leaving it with 13,530,133 shares valued at $293.3 million. UBS Group AG added 245,443 shares, holding a total of 9,283,765 shares valued at $201.3 million. Acadian Asset Management LLC increased its position by 1,108,368 shares, totaling 7,370,434 shares worth $159.8 million. Meanwhile, Bank of America Corp and Morgan Stanley reduced their stakes by 1,936,538 shares and 3,879,379 shares, respectively.

ASE Technology Holding Co., Ltd. Stock Up 7.7%

Shares of NYSE: ASX traded near $43.62 on Tuesday. ASE Technology has a market cap of about $95.7 billion, a P/E ratio of 68.16, and a beta of 1.477. The stock's 52-week range is between $9.30 and $44.46, with a 50-day moving average of $33.49 and a 200-day moving average of $21.02. The company maintains a current ratio of 1.147 and a quick ratio of 0.857, with a debt-to-equity ratio of 67.16.

Recent Earnings

In its most recent earnings report, ASE Technology posted revenue of approximately $670.9 billion, with a revenue growth rate of 17.2%. The company reported an EPS of $0.64, a net margin of 7.04%, and a return on equity of 13.58%. The next earnings announcement is expected on July 30, 2026.

Dividend

ASE Technology pays an annual dividend rate of $0.36, yielding 0.88%. The dividend payout ratio stands at 50.88%.

Insider Buying and Selling at ASE Technology Holding Co., Ltd.

Recent insider transactions at ASE Technology included significant activity. On June 16, 2026, Antonia Korsanos and Jamie Odell each sold 30,000 shares at an average price of $90.08. On June 15, 2026, both insiders were involved in buying 135,000 shares at $35.42.

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 global provider of semiconductor manufacturing services, headquartered in Kaohsiung, Taiwan. The company operates in the technology sector, specializing in semiconductors, and offers a range of services including packaging, testing, and electronic manufacturing services. ASE Technology also engages in real estate development and management, among other activities. Led by CEO Mr. Hung-Pen Chang, the company employs approximately 107,950 people worldwide.

Bottom Line

Sequoia Financial Advisors' decision to increase its stake in ASE Technology highlights continued interest in the semiconductor company. With a strong market position and recent analyst upgrades, ASE Technology remains a significant player in the industry. Keep in mind that 13F filings are historical and may not reflect current holdings.