Himax Technologies (NASDAQ:HIMX) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Himax Technologies, Inc. (NASDAQ:HIMX) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.54 and traded as high as $8.55. Himax Technologies shares last traded at $8.28, with a volume of 1,093,170 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on HIMX shares. Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research note on Wednesday, October 8th. Zacks Research upgraded Himax Technologies to a “hold” rating in a research report on Wednesday, November 12th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $8.80.

Himax Technologies Price Performance

The company has a 50 day simple moving average of $8.17 and a 200 day simple moving average of $8.54. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 23.00 and a beta of 1.80. The company has a quick ratio of 1.42, a current ratio of 1.60 and a debt-to-equity ratio of 0.03.

Himax Technologies (NASDAQ:HIMX) last issued its earnings results on Thursday, November 6th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter. Himax Technologies had a return on equity of 6.98% and a net margin of 7.18%.The business had revenue of $199.16 million during the quarter, compared to analysts’ expectations of $186.22 million. During the same quarter in the previous year, the business earned $0.07 EPS. The company’s revenue for the quarter was down 10.5% on a year-over-year basis. Himax Technologies has set its Q4 2025 guidance at 0.020-0.040 EPS.

Hedge Funds Weigh In On Himax Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Acadian Asset Management LLC increased its holdings in Himax Technologies by 2.4% in the 1st quarter. Acadian Asset Management LLC now owns 6,745,661 shares of the semiconductor company’s stock valued at $49,533,000 after purchasing an additional 156,255 shares in the last quarter. Lazard Asset Management LLC lifted its stake in shares of Himax Technologies by 7.7% during the second quarter. Lazard Asset Management LLC now owns 5,256,923 shares of the semiconductor company’s stock worth $46,943,000 after purchasing an additional 374,198 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Himax Technologies by 22.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 4,234,506 shares of the semiconductor company’s stock worth $37,391,000 after buying an additional 774,683 shares during the period. Handelsbanken Fonder AB grew its stake in shares of Himax Technologies by 1,598.3% in the third quarter. Handelsbanken Fonder AB now owns 1,752,432 shares of the semiconductor company’s stock valued at $15,474,000 after buying an additional 1,649,243 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its stake in shares of Himax Technologies by 11.0% in the second quarter. Allianz Asset Management GmbH now owns 1,296,538 shares of the semiconductor company’s stock valued at $11,578,000 after buying an additional 128,383 shares in the last quarter. Institutional investors and hedge funds own 69.81% of the company’s stock.

Himax Technologies Company Profile

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.