Chipmos Technologies Ltd. (IMOS) Position Held by Nordea Investment Management AB
Nordea Investment Management AB maintained its position in shares of Chipmos Technologies Ltd. (NASDAQ:IMOS) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 184,653 shares of the semiconductor company’s stock at the close of the second quarter. Nordea Investment Management AB’s holdings in Chipmos Technologies were worth $3,651,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of IMOS. Citadel Advisors LLC bought a new position in Chipmos Technologies during the 1st quarter valued at about $209,000. Airain ltd bought a new position in Chipmos Technologies during the 2nd quarter valued at about $242,000. Renaissance Group LLC lifted its stake in Chipmos Technologies by 11.9% during the 2nd quarter. Renaissance Group LLC now owns 19,643 shares of the semiconductor company’s stock valued at $388,000 after acquiring an additional 2,085 shares during the period. Snow Capital Management LP lifted its stake in 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 acquiring an additional 10,000 shares during the period. Finally, Jane Street Group LLC bought a new position in Chipmos Technologies during the 1st quarter valued at about $663,000. Institutional investors and hedge funds own 19.36% of the company’s stock.
Separately, Zacks Investment Research upgraded shares of Chipmos Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th.
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Chipmos Technologies Ltd. (NASDAQ:IMOS) opened at 19.32 on Friday. Chipmos Technologies Ltd. has a 1-year low of $13.94 and a 1-year high of $19.37.
Chipmos Technologies (NASDAQ:IMOS) last issued its quarterly earnings results on Thursday, August 10th. The semiconductor company reported $0.25 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.02). Chipmos Technologies had a return on equity of 9.74% and a net margin of 19.20%. The business had revenue of $149.50 million for the quarter, compared to analysts’ expectations of $155.61 million. Equities analysts expect that Chipmos Technologies Ltd. will post $0.68 earnings per share for the current year.
Chipmos Technologies Company Profile
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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