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

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.02 and traded as high as $17.77. Himax Technologies shares last traded at $16.95, with a volume of 1,747,980 shares.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Stock Performance

The stock has a market cap of $3.16 billion, a PE ratio of 92.40 and a beta of 2.25. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.42 and a current ratio of 1.62. The stock has a fifty day moving average price of $16.32 and a 200 day moving average price of $11.10.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. The company had revenue of $199.01 million for the quarter, compared to analyst estimates of $195.01 million. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.Himax Technologies’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.11 EPS. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. Equities analysts expect that Himax Technologies, Inc. will post 0.4 EPS for the current year.

Himax Technologies Cuts Dividend

The company also recently announced an annual dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th will be paid a $0.252 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a dividend yield of 122.0%. Himax Technologies’s dividend payout ratio is currently 180.00%.

Hedge Funds Weigh In On Himax Technologies

A number of large investors have recently made changes to their positions in HIMX. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Himax Technologies by 24.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,971 shares of the semiconductor company’s stock valued at $7,046,000 after purchasing an additional 162,809 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in shares of Himax Technologies by 3.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 4,400,014 shares of the semiconductor company’s stock worth $36,036,000 after purchasing an additional 165,508 shares during the period. Handelsbanken Fonder AB boosted its stake in shares of Himax Technologies by 1,598.3% during the third quarter. Handelsbanken Fonder AB now owns 1,752,432 shares of the semiconductor company’s stock valued at $15,474,000 after purchasing an additional 1,649,243 shares in the last quarter. Clark Capital Management Group Inc. bought a new position in shares of Himax Technologies during the third quarter valued at approximately $1,056,000. Finally, DNB Asset Management AS boosted its stake in shares of Himax Technologies by 57.6% during the third quarter. DNB Asset Management AS now owns 221,209 shares of the semiconductor company’s stock valued at $1,953,000 after purchasing an additional 80,812 shares in the last quarter. 69.81% of the stock is owned by hedge funds and other 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.