Himax Technologies (NASDAQ:HIMX) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Himax Technologies, Inc. (NASDAQ:HIMX) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.36 and traded as high as $9.41. Himax Technologies shares last traded at $9.23, with a volume of 2,226,415 shares changing hands.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Himax Technologies in a research report on Thursday, January 22nd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $8.00 price objective on shares of Himax Technologies in a research note on Wednesday, February 4th. Finally, Wall Street Zen raised Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $8.00.

Himax Technologies Stock Performance

The company has a 50-day simple moving average of $8.19 and a two-hundred day simple moving average of $8.36. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.39 and a current ratio of 1.58. The firm has a market capitalization of $1.61 billion, a P/E ratio of 36.06 and a beta of 1.83.

Himax Technologies (NASDAQ:HIMX) last announced its earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. The firm had revenue of $203.08 million during the quarter, compared to analyst estimates of $199.16 million. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.The business’s revenue was down 14.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 EPS. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Investors Weigh In On Himax Technologies

Several hedge funds have recently added to or reduced their stakes in HIMX. ProShare Advisors LLC increased its holdings in shares of Himax Technologies by 5.5% during the third quarter. ProShare Advisors LLC now owns 24,700 shares of the semiconductor company’s stock valued at $218,000 after acquiring an additional 1,280 shares in the last quarter. Natixis Advisors LLC increased its holdings in Himax Technologies by 5.6% in the 3rd quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock worth $240,000 after buying an additional 1,432 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Himax Technologies by 11.0% during the 4th quarter. Cetera Investment Advisers now owns 17,188 shares of the semiconductor company’s stock valued at $141,000 after acquiring an additional 1,700 shares during the last quarter. Ameriflex Group Inc. grew its stake in shares of Himax Technologies by 100.0% in the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 1,800 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Himax Technologies by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 102,534 shares of the semiconductor company’s stock worth $840,000 after acquiring an additional 2,183 shares during the period. 69.81% of the stock is owned by institutional investors.

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.