Foster & Motley Inc. purchased a new position in shares of ASUSTeK Computer Inc. (OTCMKTS:ASUUY – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 255,657 shares of the company’s stock, valued at approximately $73,977,000. ASUSTeK Computer makes up 3.4% of Foster & Motley Inc.’s holdings, making the stock its 4th largest holding.
Separately, J.Safra Asset Management Corp bought a new stake in ASUSTeK Computer during the 2nd quarter worth $10,036,000. Institutional investors and hedge funds own 0.12% of the company’s stock.
ASUSTeK Computer Price Performance
Shares of ASUUY opened at $115.00 on Wednesday. ASUSTeK Computer Inc. has a 12-month low of $57.73 and a 12-month high of $115.00. The business has a 50-day simple moving average of $109.43 and a two-hundred day simple moving average of $92.10.
About ASUSTeK Computer
ASUSTeK Computer Inc, commonly known as ASUS, is a Taiwanese multinational company specializing in the design and manufacture of computer hardware, electronics and related services. Founded in 1989 in Taipei by T.H. Tung, Ted Hsu, Wayne Hsieh and M.T. Liao, ASUS has grown into one of the world’s leading suppliers of motherboards, graphics cards, desktops and laptops. The company’s portfolio also extends to monitors, networking equipment, servers, workstations and accessories tailored for both consumer and enterprise markets.
ASUS is perhaps best known for its Republic of Gamers (ROG) brand, which offers high-performance products aimed at gamers and e-sports enthusiasts.
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