Envestnet Asset Management Inc. Has $1.25 Million Position in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Envestnet Asset Management Inc. boosted its position in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOSGet Rating) by 7.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,062 shares of the semiconductor company’s stock after buying an additional 3,521 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.14% of ChipMOS TECHNOLOGIES worth $1,251,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC grew its stake in ChipMOS TECHNOLOGIES by 3.3% in the second quarter. Janney Montgomery Scott LLC now owns 29,785 shares of the semiconductor company’s stock valued at $918,000 after purchasing an additional 962 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in ChipMOS TECHNOLOGIES in the 2nd quarter valued at $88,000. Crossmark Global Holdings Inc. boosted its stake in ChipMOS TECHNOLOGIES by 0.6% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 165,527 shares of the semiconductor company’s stock valued at $4,135,000 after purchasing an additional 1,061 shares during the period. DGS Capital Management LLC boosted its stake in ChipMOS TECHNOLOGIES by 14.2% in the 2nd quarter. DGS Capital Management LLC now owns 12,828 shares of the semiconductor company’s stock valued at $320,000 after purchasing an additional 1,599 shares during the period. Finally, Bank of America Corp DE boosted its stake in ChipMOS TECHNOLOGIES by 32.4% in the 1st quarter. Bank of America Corp DE now owns 3,266 shares of the semiconductor company’s stock valued at $117,000 after purchasing an additional 800 shares during the period. Institutional investors and hedge funds own 7.15% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. TheStreet downgraded ChipMOS TECHNOLOGIES from a “b-” rating to a “c+” rating in a research note on Thursday, October 6th. StockNews.com upgraded ChipMOS TECHNOLOGIES from a “hold” rating to a “buy” rating in a research note on Saturday, November 12th.

ChipMOS TECHNOLOGIES Price Performance

Shares of NASDAQ IMOS opened at $21.35 on Wednesday. The stock has a market capitalization of $776.33 million, a PE ratio of 4.86 and a beta of 0.95. The business has a fifty day moving average price of $19.85 and a two-hundred day moving average price of $24.53. ChipMOS TECHNOLOGIES INC. has a fifty-two week low of $17.50 and a fifty-two week high of $37.76.

ChipMOS TECHNOLOGIES Company Profile

(Get Rating)

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 Taiwan, People's Republic of China, Japan, Singapore, and internationally. It operates through Testing; Assembly; Testing and Assembly for LCD, OLED and other Display Panel Driver Semiconductors; Bumping; and Other segments.

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Institutional Ownership by Quarter for ChipMOS TECHNOLOGIES (NASDAQ:IMOS)

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