Caprock Group LLC Lowers Stake in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Caprock Group LLC cut its stake in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) by 26.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,943 shares of the semiconductor company’s stock after selling 4,279 shares during the quarter. Caprock Group LLC’s holdings in ChipMOS TECHNOLOGIES were worth $279,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IMOS. Blue Trust Inc. lifted its holdings in shares of ChipMOS TECHNOLOGIES by 49,831.3% during 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 during the last quarter. Ballentine Partners LLC raised its stake in ChipMOS TECHNOLOGIES by 20.2% in the third quarter. Ballentine Partners LLC now owns 15,547 shares of the semiconductor company’s stock valued at $364,000 after buying an additional 2,611 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in ChipMOS TECHNOLOGIES by 4.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 55,046 shares of the semiconductor company’s stock worth $1,431,000 after acquiring an additional 2,319 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in shares of ChipMOS TECHNOLOGIES during the first quarter worth about $42,000. 7.39% of the stock is owned by institutional investors.

ChipMOS TECHNOLOGIES Stock Performance

Shares of IMOS opened at $19.58 on Monday. The stock has a 50-day moving average of $22.02 and a two-hundred day moving average of $24.12. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.72 and a current ratio of 3.07. The stock has a market cap of $711.93 million, a P/E ratio of 13.69 and a beta of 0.91. ChipMOS TECHNOLOGIES INC. has a one year low of $19.19 and a one year high of $32.19.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS) last issued its quarterly earnings results on Tuesday, November 5th. The semiconductor company reported $0.26 earnings per share for the quarter. ChipMOS TECHNOLOGIES had a net margin of 7.25% and a return on equity of 6.66%. The company had revenue of $191.70 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of ChipMOS TECHNOLOGIES from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th.

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.