Himax Technologies (NASDAQ:HIMX) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Himax Technologies, Inc. (NASDAQ:HIMX) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.48 and traded as high as $8.61. Himax Technologies shares last traded at $8.42, with a volume of 617,367 shares.

Wall Street Analysts Forecast Growth

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

Himax Technologies Price Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.60 and a quick ratio of 1.42. The company’s 50 day moving average is $8.19 and its 200 day moving average is $8.47. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 23.39 and a beta of 1.80.

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

Institutional Trading of Himax Technologies

Large investors have recently bought and sold shares of the company. Triumph Capital Management acquired a new position in shares of Himax Technologies during the 3rd quarter worth $28,000. Advisory Services Network LLC acquired a new position in Himax Technologies during the third quarter worth about $28,000. USA Financial Formulas acquired a new position in Himax Technologies during the second quarter worth about $32,000. Ameriflex Group Inc. lifted its holdings 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 in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of Himax Technologies by 109.8% in the second quarter. EverSource Wealth Advisors LLC now owns 6,056 shares of the semiconductor company’s stock valued at $54,000 after purchasing an additional 3,169 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.