Himax Technologies (NASDAQ:HIMX) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Himax Technologies, Inc. (NASDAQ:HIMX) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $13.98 and traded as high as $14.64. Himax Technologies shares last traded at $14.28, with a volume of 836,794 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Himax Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Himax Technologies has an average rating of “Hold” and a consensus price target of $8.00.

Himax Technologies Trading Up 2.3%

The company has a 50 day moving average of $13.73 and a 200 day moving average of $14.02. The company has a current ratio of 1.55, a quick ratio of 1.36 and a debt-to-equity ratio of 0.02. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 70.10 and a beta of 2.34.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $227.37 million during the quarter, compared to analyst estimates of $222.99 million. Himax Technologies had a return on equity of 3.90% and a net margin of 4.26%.The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.10 earnings per share. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS.

Hedge Funds Weigh In On Himax Technologies

Several institutional investors have recently added to or reduced their stakes in HIMX. Lazard Asset Management LLC boosted its position in Himax Technologies by 11.1% in the first quarter. Lazard Asset Management LLC now owns 6,355,718 shares of the semiconductor company’s stock valued at $50,019,000 after buying an additional 637,020 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Himax Technologies by 233.3% in the first quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock valued at $5,096,000 after acquiring an additional 453,200 shares during the last quarter. Engineers Gate Manager LP boosted its holdings in shares of Himax Technologies by 776.3% in the 2nd quarter. Engineers Gate Manager LP now owns 116,716 shares of the semiconductor company’s stock worth $1,790,000 after acquiring an additional 103,397 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Himax Technologies in the 2nd quarter worth approximately $1,717,000. Finally, Royal Bank of Canada increased its holdings in Himax Technologies by 31.8% during the 1st quarter. Royal Bank of Canada now owns 193,024 shares of the semiconductor company’s stock valued at $1,519,000 after purchasing an additional 46,582 shares in the last quarter. 69.81% of the stock is owned by institutional investors.

Himax Technologies Company Profile

Himax Technologies, Inc is a fabless semiconductor company that develops display imaging technologies and related products. The company’s solutions are used in consumer electronics, automotive systems, industrial applications and other products that incorporate displays, cameras or sensing capabilities.

Himax’s product portfolio includes display driver integrated circuits and timing controllers for applications such as televisions, monitors, laptops, tablets, smartphones and automotive displays.