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.
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