New Buy Rating for ASE Technology Holding Co (ASX), the Technology Giant

In a report released today, from Goldman Sachs maintained a Buy rating on ASE Technology Holding Co, with a price target of $43.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ASE Technology Holding Co with a $43.00 average price target.

Based on ASE Technology Holding Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $179.6 billion and a net profit of $14.85 billion. In comparison, last year the company earned a revenue of $164.49 billion and had a net profit of $9.51 billion

Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ASX in relation to earlier this year.