Janney Montgomery Scott LLC Has $591,000 Stock Holdings in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS)

Janney Montgomery Scott LLC increased its position in ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS – Get Rating) by 7.1% in the third quarter, Holdings Channel.com reports. The firm owned 31,896 shares of the semiconductor company’s stock after acquiring an additional 2,111 shares during the period. Janney Montgomery Scott LLC’s holdings in ChipMOS TECHNOLOGIES were worth $591,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new stake in shares of ChipMOS TECHNOLOGIES in the 2nd quarter valued at approximately $88,000. Bank of America Corp DE raised its holdings in ChipMOS TECHNOLOGIES by 32.4% in the first quarter. Bank of America Corp DE now owns 3,266 shares of the semiconductor company’s stock worth $117,000 after purchasing an additional 800 shares during the period. Vident Investment Advisory LLC bought a new position in shares of ChipMOS TECHNOLOGIES during the first quarter worth $241,000. LSV Asset Management grew its holdings in shares of ChipMOS TECHNOLOGIES by 65.9% in the 1st quarter. LSV Asset Management now owns 6,800 shares of the semiconductor company’s stock valued at $242,000 after buying an additional 2,700 shares during the period. Finally, Evergreen Capital Management LLC increased its position in shares of ChipMOS TECHNOLOGIES by 13.9% in the 1st quarter. Evergreen Capital Management LLC now owns 6,812 shares of the semiconductor company’s stock valued at $242,000 after buying an additional 833 shares in the last quarter. 7.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

ChipMOS TECHNOLOGIES Trading Up 0.6 %

Shares of NASDAQ IMOS opened at $22.62 on Friday. The company has a fifty day moving average price of $21.67 and a 200 day moving average price of $21.60. ChipMOS TECHNOLOGIES INC. has a 1-year low of $17.50 and a 1-year high of $37.76. The firm has a market cap of $822.51 million, a PE ratio of 5.15 and a beta of 0.98.

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

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.