Tower Research Capital LLC TRC Has $43,000 Position in Himax Technologies, Inc. (NASDAQ:HIMX)

Tower Research Capital LLC TRC reduced its holdings in shares of Himax Technologies, Inc. (NASDAQ:HIMX) by 63.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,136 shares of the semiconductor company’s stock after selling 12,181 shares during the period. Tower Research Capital LLC TRC’s holdings in Himax Technologies were worth $43,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Parallel Advisors LLC boosted its position in Himax Technologies by 62.9% in the fourth quarter. Parallel Advisors LLC now owns 10,880 shares of the semiconductor company’s stock valued at $66,000 after buying an additional 4,203 shares in the last quarter. D Orazio & Associates Inc. acquired a new position in Himax Technologies in the fourth quarter valued at about $68,000. Signaturefd LLC boosted its position in Himax Technologies by 19.1% in the fourth quarter. Signaturefd LLC now owns 11,450 shares of the semiconductor company’s stock valued at $70,000 after buying an additional 1,834 shares in the last quarter. Ballentine Partners LLC boosted its position in Himax Technologies by 63.9% in the fourth quarter. Ballentine Partners LLC now owns 18,528 shares of the semiconductor company’s stock valued at $112,000 after buying an additional 7,226 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in Himax Technologies by 54.8% in the fourth quarter. SG Americas Securities LLC now owns 22,900 shares of the semiconductor company’s stock valued at $139,000 after buying an additional 8,104 shares in the last quarter. 69.81% of the stock is currently owned by institutional investors and hedge funds.

Himax Technologies Price Performance

NASDAQ:HIMX traded up $0.08 on Thursday, reaching $5.05. The stock had a trading volume of 377,398 shares, compared to its average volume of 706,308. The company has a market capitalization of $882.34 million, a P/E ratio of 17.10 and a beta of 2.02. Himax Technologies, Inc. has a 1-year low of $4.80 and a 1-year high of $7.70. The company has a quick ratio of 1.39, a current ratio of 1.69 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average price of $5.36 and a 200-day moving average price of $5.66.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.11 by $0.03. Himax Technologies had a net margin of 5.35% and a return on equity of 6.42%. The business had revenue of $227.70 million for the quarter, compared to analysts’ expectations of $226.80 million. During the same period in the prior year, the firm earned $0.24 earnings per share. Himax Technologies’s revenue was down 13.2% compared to the same quarter last year.

Himax Technologies Profile

Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products.