Assenagon Asset Management S.A. Acquires New Shares in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Assenagon Asset Management S.A. acquired a new stake in shares of ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS – Get Rating) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,454 shares of the semiconductor company’s stock, valued at approximately $249,000.

Several other institutional investors also recently modified their holdings of the business. Wipfli Financial Advisors LLC purchased a new stake in shares of ChipMOS TECHNOLOGIES during the third quarter valued at $67,000. Janney Montgomery Scott LLC boosted its position in ChipMOS TECHNOLOGIES by 7.1% in the third quarter. Janney Montgomery Scott LLC now owns 31,896 shares of the semiconductor company’s stock worth $591,000 after purchasing an additional 2,111 shares during the last quarter. Renaissance Technologies LLC boosted its position in ChipMOS TECHNOLOGIES by 0.3% in the second quarter. Renaissance Technologies LLC now owns 1,434,100 shares of the semiconductor company’s stock worth $35,824,000 after purchasing an additional 4,500 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in ChipMOS TECHNOLOGIES by 87.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 29,307 shares of the semiconductor company’s stock worth $732,000 after purchasing an additional 13,708 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in ChipMOS TECHNOLOGIES by 7.6% in the second quarter. Envestnet Asset Management Inc. now owns 50,062 shares of the semiconductor company’s stock worth $1,251,000 after purchasing an additional 3,521 shares during the last quarter. 7.20% of the stock is owned by hedge funds and other institutional investors.

ChipMOS TECHNOLOGIES Stock Down 0.3 %

NASDAQ IMOS opened at $22.34 on Thursday. The stock’s 50-day moving average price is $21.62 and its 200-day moving average price is $21.61. ChipMOS TECHNOLOGIES INC. has a 52 week low of $17.50 and a 52 week high of $37.76. The company has a market capitalization of $812.33 million, a P/E ratio of 5.09 and a beta of 0.98.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS – Get Rating) last posted its quarterly earnings data on Thursday, November 3rd. The semiconductor company reported $0.58 EPS for the quarter. ChipMOS TECHNOLOGIES had a return on equity of 18.49% and a net margin of 18.17%. The firm had revenue of $172.99 million for the quarter.

Analyst Ratings Changes

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

ChipMOS TECHNOLOGIES Company Profile

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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.