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

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.41 and traded as high as $16.57. Himax Technologies shares last traded at $15.09, with a volume of 3,376,026 shares.

Analyst Upgrades and Downgrades

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

Himax Technologies Price Performance

The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 73.42 and a beta of 2.25. The company has a current ratio of 1.62, a quick ratio of 1.42 and a debt-to-equity ratio of 0.02. The business has a 50-day moving average price of $17.15 and a two-hundred day moving average price of $11.43.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $199.01 million during 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%.The business’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.11 EPS. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. As a group, research analysts forecast that Himax Technologies, Inc. will post 0.4 EPS for the current year.

Himax Technologies Cuts Dividend

The company also recently declared an annual dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.252 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a dividend yield of 122.0%. Himax Technologies’s payout ratio is 120.00%.

Institutional Trading of Himax Technologies

Large investors have recently modified their holdings of the company. Natixis Advisors LLC lifted its position in Himax Technologies by 5.6% in the 3rd quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock valued at $240,000 after purchasing an additional 1,432 shares during the last quarter. Cetera Investment Advisers grew its position in Himax Technologies by 11.0% in the 4th quarter. Cetera Investment Advisers now owns 17,188 shares of the semiconductor company’s stock worth $141,000 after purchasing an additional 1,700 shares during the last quarter. Ameriflex Group Inc. increased 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 valued at $32,000 after purchasing an additional 1,800 shares during the period. Waverly Advisors LLC increased its stake in shares of Himax Technologies by 11.5% in the first quarter. Waverly Advisors LLC now owns 18,065 shares of the semiconductor company’s stock valued at $142,000 after purchasing an additional 1,862 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of Himax Technologies by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 102,534 shares of the semiconductor company’s stock valued at $840,000 after buying an additional 2,183 shares during the last quarter. Institutional investors and hedge funds own 69.81% of the company’s stock.

About Himax Technologies

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.