Himax Technologies (NASDAQ:HIMX) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Himax Technologies, Inc. (NASDAQ:HIMX) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 changing hands.

Wall Street Analysts Forecast Growth

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

Himax Technologies Stock Performance

The stock’s 50-day moving average is $8.10 and its 200-day moving average is $8.50. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 23.39 and a beta of 1.80. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.60 and a quick ratio of 1.42.

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

Institutional Trading of Himax Technologies

A number of institutional investors have recently added to or reduced their stakes in the business. Robeco Institutional Asset Management B.V. grew its holdings in Himax Technologies by 22.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,234,506 shares of the semiconductor company’s stock worth $37,391,000 after acquiring an additional 774,683 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Himax Technologies by 11.0% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,296,538 shares of the semiconductor company’s stock valued at $11,578,000 after purchasing an additional 128,383 shares in the last quarter. Handelsbanken Fonder AB acquired a new stake in shares of Himax Technologies in the 2nd quarter valued at about $921,000. Inspire Investing LLC bought a new position in shares of Himax Technologies during the second quarter worth about $827,000. Finally, DNB Asset Management AS acquired a new position in Himax Technologies in the second quarter worth about $1,254,000. 69.81% of the stock is owned by hedge funds and other institutional investors.

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.