Tudor Investment Corp ET AL Decreases Position in Chipmos Technologies Ltd. (IMOS)
Tudor Investment Corp ET AL lowered its stake in Chipmos Technologies Ltd. (NASDAQ:IMOS) by 84.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 29,329 shares of the semiconductor company’s stock after selling 165,000 shares during the period. Tudor Investment Corp ET AL’s holdings in Chipmos Technologies were worth $580,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. HighTower Advisors LLC acquired a new position in Chipmos Technologies in the 2nd quarter valued at about $974,000. Parallax Volatility Advisers L.P. acquired a new position in Chipmos Technologies in the 2nd quarter valued at about $395,000. Dimensional Fund Advisors LP grew its stake in Chipmos Technologies by 4.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 92,663 shares of the semiconductor company’s stock valued at $1,832,000 after buying an additional 4,183 shares during the last quarter. Virtu KCG Holdings LLC acquired a new position in Chipmos Technologies in the 2nd quarter valued at about $370,000. Finally, Parametric Portfolio Associates LLC acquired a new position in Chipmos Technologies in the 2nd quarter valued at about $209,000. Institutional investors and hedge funds own 19.36% of the company’s stock.
Separately, Zacks Investment Research lowered shares of Chipmos Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th.
Chipmos Technologies Ltd. (NASDAQ IMOS) opened at 21.29 on Tuesday. Chipmos Technologies Ltd. has a 12 month low of $13.94 and a 12 month high of $21.90. The firm’s 50 day moving average is $19.36 and its 200-day moving average is $19.36.
Chipmos Technologies (NASDAQ:IMOS) last announced 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 company had revenue of $149.50 million during the quarter, compared to the consensus estimate of $155.61 million. Chipmos Technologies had a return on equity of 9.74% and a net margin of 19.20%. Equities research analysts forecast that Chipmos Technologies Ltd. will post $0.68 earnings per share for the current year.
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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