ASE Technology (ASX) Insider Jamie Odell Sells $2.7M of Stock

Jamie Odell recently sold 30,000 shares of ASE Technology Holding Co., Ltd. (NYSE: ASX) on June 16, 2026. The shares were sold at an average price of $90.08, totaling about $2.7 million. This transaction was not part of a pre-planned trading program.

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

Aside from Odell's sale, there was other insider activity at ASE Technology around the same time. On June 16, 2026, Antonia Korsanos also sold 30,000 shares at the same price of $90.08. The day before, both Odell and Korsanos made significant purchases of 135,000 shares each at $35.42 per share.

Other Institutional Activity in ASE Technology

Several institutional investors have been active in ASE Technology recently. BlackRock, Inc. grew its holdings by 2,726,484 shares, ending with 22,187,464 shares valued at approximately $481 million. Lazard Asset Management LLC reduced its position by 6,480,696 shares, bringing its total down to 13,530,133 shares worth about $293 million. UBS Group AG added 245,443 shares, increasing its holdings to 9,283,765 shares valued at roughly $201 million. Acadian Asset Management LLC boosted its stake by 1,108,368 shares to 7,370,434 shares, valued at approximately $160 million.

ASE Technology Holding Co., Ltd. Stock Down 10.6%

Shares of ASE Technology (NYSE: ASX) were trading at $36.84. The company has a market capitalization of about $80.8 billion. It holds a P/E ratio of 57.56 and a forward P/E of 25.72, with a beta of 1.477. The stock's 52-week range spans from $9.30 to $41.10, with a 50-day moving average of $32.86 and a 200-day moving average of $20.73. ASE Technology's current ratio is 1.147, and its quick ratio is 0.857, with a debt-to-equity ratio of 67.16.

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 $38.65.

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 globally, offering services like semiconductor packaging, testing, and electronic manufacturing solutions. Its offerings cater to various sectors, including computing, automotive, and industrial applications. ASE Technology was founded in 1984 and employs around 107,950 people. The company is led by CEO Mr. Hung-Pen Chang.

Bottom Line

Jamie Odell's recent sale of ASE Technology shares highlights insider activity at the company. Investors often keep an eye on such moves to gauge confidence levels within the company. ASE Technology continues to be a significant player in the semiconductor industry, with institutional investors actively adjusting their positions. As always, remember that insider transactions are reported after the fact and may not reflect current holdings.