Himax Technologies (NASDAQ:HIMX) Share Price Passes Above 200 Day Moving Average – Here’s Why

Himax Technologies, Inc. (NASDAQ:HIMX) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.50 and traded as high as $8.65. Himax Technologies shares last traded at $8.42, with a volume of 896,243 shares traded.

Analyst Upgrades and Downgrades

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

Himax Technologies Price Performance

The company has a quick ratio of 1.42, a current ratio of 1.60 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $1.50 billion, a PE ratio of 23.86 and a beta of 1.80. The firm’s 50 day simple moving average is $8.10 and its 200 day simple moving average is $8.50.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. ProShare Advisors LLC lifted its stake in shares of Himax Technologies by 5.5% during the 3rd quarter. ProShare Advisors LLC now owns 24,700 shares of the semiconductor company’s stock worth $218,000 after acquiring an additional 1,280 shares during the last quarter. Natixis Advisors LLC lifted its position in shares of Himax Technologies by 5.6% during the third quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock worth $240,000 after purchasing an additional 1,432 shares during the last quarter. Ameriflex Group Inc. lifted its position in shares of Himax Technologies by 100.0% during the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 1,800 shares during the last quarter. Ballentine Partners LLC boosted its stake in shares of Himax Technologies by 6.0% during the second quarter. Ballentine Partners LLC now owns 37,533 shares of the semiconductor company’s stock valued at $335,000 after purchasing an additional 2,109 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in shares of Himax Technologies by 18.2% in the third quarter. Raymond James Financial Inc. now owns 16,242 shares of the semiconductor company’s stock worth $143,000 after purchasing an additional 2,504 shares during the last quarter. Institutional investors 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.