Ballentine Partners LLC Raises Stock Holdings in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Ballentine Partners LLC grew its stake in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) by 20.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,547 shares of the semiconductor company’s stock after buying an additional 2,611 shares during the period. Ballentine Partners LLC’s holdings in ChipMOS TECHNOLOGIES were worth $364,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets bought a new stake in ChipMOS TECHNOLOGIES in the 1st quarter worth approximately $42,000. HBK Sorce Advisory LLC bought a new stake in shares of ChipMOS TECHNOLOGIES in the 1st quarter worth approximately $201,000. Blue Trust Inc. boosted its stake in shares of ChipMOS TECHNOLOGIES by 49,831.3% in the 2nd quarter. Blue Trust Inc. now owns 7,989 shares of the semiconductor company’s stock valued at $209,000 after purchasing an additional 7,973 shares in the last quarter. Caprock Group LLC bought a new position in shares of ChipMOS TECHNOLOGIES during the 2nd quarter valued at $441,000. Finally, Vanguard Personalized Indexing Management LLC raised its position in ChipMOS TECHNOLOGIES by 4.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company’s stock worth $1,431,000 after purchasing an additional 2,319 shares during the period. Hedge funds and other institutional investors own 7.39% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of ChipMOS TECHNOLOGIES from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 8th.

ChipMOS TECHNOLOGIES Trading Down 0.7 %

NASDAQ IMOS opened at $22.19 on Tuesday. ChipMOS TECHNOLOGIES INC. has a 1-year low of $21.47 and a 1-year high of $32.19. The stock has a 50-day moving average of $22.86 and a 200-day moving average of $25.15. The firm has a market cap of $806.87 million, a PE ratio of 11.99 and a beta of 0.90.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last announced its quarterly earnings data on Tuesday, August 13th. The semiconductor company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.11). ChipMOS TECHNOLOGIES had a net margin of 8.67% and a return on equity of 7.72%. The company had revenue of $179.00 million during the quarter, compared to the consensus estimate of $177.96 million. During the same quarter in the previous year, the firm posted $0.56 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year.

ChipMOS TECHNOLOGIES Company Profile

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in the People’s Republic of China, Taiwan, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and Other Display Panel Driver Semiconductors; Bumping; and Others segments.