BT Investment Management Ltd Takes Position in Chipmos Technologies Ltd. (IMOS)

BT Investment Management Ltd purchased a new position in Chipmos Technologies Ltd. (NASDAQ:IMOS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 67,913 shares of the semiconductor company’s stock, valued at approximately $1,343,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IMOS. Dynamic Technology Lab Private Ltd bought a new position in Chipmos Technologies in the first quarter worth approximately $594,000. Snow Capital Management LP raised its position in shares of Chipmos Technologies by 40.0% during the 1st quarter. Snow Capital Management LP now owns 35,000 shares of the semiconductor company’s stock valued at $621,000 after purchasing an additional 10,000 shares during the period. Dimensional Fund Advisors LP bought a new stake in shares of Chipmos Technologies during the 1st quarter valued at $1,571,000. Morgan Stanley raised its position in shares of Chipmos Technologies by 944.4% during the 1st quarter. Morgan Stanley now owns 149,303 shares of the semiconductor company’s stock valued at $2,651,000 after purchasing an additional 135,007 shares during the period. Finally, Citadel Advisors LLC bought a new stake in shares of Chipmos Technologies during the 1st quarter valued at $209,000. Institutional investors and hedge funds own 19.36% of the company’s stock.

Shares of Chipmos Technologies Ltd. (NASDAQ:IMOS) opened at 18.79 on Tuesday. The company has a market capitalization of $16.09 billion, a P/E ratio of 141.28 and a beta of 0.51. Chipmos Technologies Ltd. has a 12 month low of $13.94 and a 12 month high of $19.10. The stock’s 50 day moving average is $18.78 and its 200 day moving average is $18.33.

Chipmos Technologies (NASDAQ:IMOS) last released its quarterly earnings data on Thursday, August 10th. The semiconductor company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.02). The business had revenue of $149.50 million during the quarter, compared to analysts’ expectations of $155.61 million. Chipmos Technologies had a net margin of 19.20% and a return on equity of 9.74%. On average, equities analysts predict that Chipmos Technologies Ltd. will post $0.68 EPS for the current fiscal year.

Separately, Zacks Investment Research upgraded shares of Chipmos Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th.

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About Chipmos Technologies

ChipMOS TECHNOLOGIES INC is a Taiwan-based company principally engaged in the integrated circuits packaging and testing business. The Company mainly provides thin small outline packaging (TSOP), fine-pitch ball grid array (FBGA) packaging, tape carrier packaging (TCP) and chip on film (COF) packaging services, as well as gold bumping services, among others.

Institutional Ownership by Quarter for Chipmos Technologies (NASDAQ:IMOS)

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