Himax Technologies (NASDAQ:HIMX) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.35 and traded as high as $13.93. Himax Technologies shares last traded at $13.68, with a volume of 702,604 shares changing hands.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Himax Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $8.00.

Himax Technologies Price Performance

The company’s 50 day moving average is $13.82 and its 200 day moving average is $13.35. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.55 and a quick ratio of 1.36. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 66.41 and a beta of 2.34.

Himax Technologies (NASDAQ:HIMX) last posted its earnings results on Thursday, August 6th. The semiconductor company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $227.37 million for the quarter, compared to analyst estimates of $222.99 million. Himax Technologies had a return on equity of 3.90% and a net margin of 4.26%.Himax Technologies’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.10 earnings per share. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS. Research analysts forecast that Himax Technologies, Inc. will post 0.4 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in HIMX. Handelsbanken Fonder AB grew its position in shares of Himax Technologies by 95.7% in the fourth quarter. Handelsbanken Fonder AB now owns 3,429,263 shares of the semiconductor company’s stock valued at $28,086,000 after purchasing an additional 1,676,831 shares during the period. Lazard Asset Management LLC lifted its position in Himax Technologies by 11.1% during the first quarter. Lazard Asset Management LLC now owns 6,355,718 shares of the semiconductor company’s stock worth $50,019,000 after buying an additional 637,020 shares during the period. Renaissance Technologies LLC lifted its position in Himax Technologies by 233.3% during the first quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock worth $5,096,000 after buying an additional 453,200 shares during the period. Jump Financial LLC acquired a new stake in Himax Technologies in the 2nd quarter worth about $3,194,000. Finally, First Trust Advisors LP acquired a new stake in Himax Technologies in the 3rd quarter worth about $2,154,000. Hedge funds and other institutional investors own 69.81% of the company’s stock.

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.