ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lowered its position in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS - Free Report) by 49.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,619 shares of the semiconductor company's stock after selling 35,662 shares during the quarter. O Shaughnessy Asset Management LLC owned about 0.10% of ChipMOS TECHNOLOGIES worth $690,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IMOS. Rhumbline Advisers lifted its stake in ChipMOS TECHNOLOGIES by 5.3% in the fourth quarter. Rhumbline Advisers now owns 33,139 shares of the semiconductor company's stock worth $624,000 after purchasing an additional 1,680 shares during the last quarter. ABC Arbitrage SA bought a new position in ChipMOS TECHNOLOGIES in the 4th quarter valued at $393,000. Ballentine Partners LLC increased its stake in ChipMOS TECHNOLOGIES by 11.6% in the fourth quarter. Ballentine Partners LLC now owns 17,348 shares of the semiconductor company's stock worth $327,000 after purchasing an additional 1,801 shares during the period. XY Capital Ltd bought a new stake in shares of ChipMOS TECHNOLOGIES during the fourth quarter worth $189,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of ChipMOS TECHNOLOGIES by 761.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,083 shares of the semiconductor company's stock valued at $77,000 after purchasing an additional 3,609 shares during the period. Hedge funds and other institutional investors own 7.39% of the company's stock.

ChipMOS TECHNOLOGIES Trading Down 0.0 %

Shares of NASDAQ IMOS traded down $0.00 during trading hours on Monday, reaching $15.39. The stock had a trading volume of 1,967 shares, compared to its average volume of 26,118. The business's fifty day moving average price is $18.12 and its two-hundred day moving average price is $19.57. The firm has a market cap of $559.47 million, a price-to-earnings ratio of 10.87 and a beta of 0.94. ChipMOS TECHNOLOGIES INC. has a 52-week low of $12.78 and a 52-week high of $29.70. The company has a current ratio of 3.07, a quick ratio of 2.72 and a debt-to-equity ratio of 0.49.

ChipMOS TECHNOLOGIES (NASDAQ:IMOS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.21). ChipMOS TECHNOLOGIES had a return on equity of 6.66% and a net margin of 7.25%. The firm had revenue of $164.70 million for the quarter, compared to the consensus estimate of $175.60 million. During the same period in the previous year, the company posted $0.43 EPS. ChipMOS TECHNOLOGIES's quarterly revenue was down 5.7% compared to the same quarter last year.

ChipMOS TECHNOLOGIES announced that its board has authorized a share repurchase program on Tuesday, January 21st that authorizes the company to buyback $0.00 in shares. This buyback authorization authorizes the semiconductor company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of ChipMOS TECHNOLOGIES from a "buy" rating to a "hold" rating in a report on Tuesday, January 21st.

About ChipMOS TECHNOLOGIES

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.