Himax Technologies (NASDAQ:HIMX) Shares Pass Above 200 Day Moving Average – Time to Sell?

Himax Technologies, Inc. (NASDAQ:HIMX) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.02 and traded as high as $17.77. Himax Technologies shares last traded at $16.95, with a volume of 1,747,980 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Himax Technologies currently has an average rating of “Hold” and an average target price of $8.00.

Himax Technologies Trading Up 1.0%

The business has a 50-day moving average of $16.13 and a 200-day moving average of $11.02. The company has a quick ratio of 1.42, a current ratio of 1.62 and a debt-to-equity ratio of 0.02. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 86.48 and a beta of 2.25.

Himax Technologies (NASDAQ:HIMX) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $199.01 million during the quarter, compared to the consensus estimate of $195.01 million. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.The business’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period last year, the business earned $0.11 EPS. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. As a group, research analysts forecast that Himax Technologies, Inc. will post 0.4 earnings per share for the current year.

Himax Technologies Cuts Dividend

The firm also recently announced an annual dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be paid a $0.252 dividend. The ex-dividend date is Tuesday, June 30th. This represents a yield of 122.0%. Himax Technologies’s payout ratio is 180.00%.

Institutional Trading of Himax Technologies

Several large investors have recently added to or reduced their stakes in the business. ProShare Advisors LLC increased 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 purchasing an additional 1,280 shares during the last quarter. Natixis Advisors LLC lifted its stake in shares of Himax Technologies by 5.6% in the 3rd quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock valued at $240,000 after purchasing an additional 1,432 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Himax Technologies by 11.0% in the fourth quarter. Cetera Investment Advisers now owns 17,188 shares of the semiconductor company’s stock worth $141,000 after purchasing an additional 1,700 shares in the last quarter. Ameriflex Group Inc. boosted its holdings in Himax Technologies by 100.0% in 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 in the last quarter. Finally, Waverly Advisors LLC increased its position in Himax Technologies by 11.5% during the first quarter. Waverly Advisors LLC now owns 18,065 shares of the semiconductor company’s stock worth $142,000 after buying an additional 1,862 shares during the last quarter. 69.81% of the stock is owned by 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.