Himax Technologies (NASDAQ:HIMX) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.11 and traded as high as $13.75. Himax Technologies shares last traded at $13.68, with a volume of 1,362,824 shares traded.

Himax Technologies Stock Performance

The firm has a 50-day moving average price of $17.47 and a 200 day moving average price of $12.11. The firm has a market capitalization of $2.39 billion, a PE ratio of 69.80 and a beta of 2.26. The company has a quick ratio of 1.42, a current ratio of 1.62 and a debt-to-equity ratio of 0.02.

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

Himax Technologies Cuts Dividend

The company also recently announced an annual dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were given a $0.252 dividend. This represents a yield of 164.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Himax Technologies’s payout ratio is currently 120.00%.

Institutional Trading of Himax Technologies

Hedge funds have recently made changes to their positions in the business. Lazard Asset Management LLC boosted its stake in shares of Himax Technologies by 11.1% in the first quarter. Lazard Asset Management LLC now owns 6,355,718 shares of the semiconductor company’s stock valued at $50,019,000 after purchasing an additional 637,020 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in Himax Technologies by 3.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 4,400,014 shares of the semiconductor company’s stock worth $36,036,000 after buying an additional 165,508 shares during the period. Handelsbanken Fonder AB increased its stake in Himax Technologies by 95.7% during the 4th quarter. Handelsbanken Fonder AB now owns 3,429,263 shares of the semiconductor company’s stock worth $28,086,000 after buying an additional 1,676,831 shares during the period. State Street Corp lifted its holdings in Himax Technologies by 9.6% during the 4th quarter. State Street Corp now owns 1,600,126 shares of the semiconductor company’s stock worth $13,105,000 after buying an additional 139,703 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Himax Technologies by 24.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,971 shares of the semiconductor company’s stock worth $7,046,000 after buying an additional 162,809 shares in 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.