Himax Technologies (NASDAQ:HIMX) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price 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 traded.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HIMX. Zacks Research upgraded shares of 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 note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $8.80.

Himax Technologies Price Performance

The firm has a market capitalization of $1.47 billion, a P/E ratio of 23.39 and a beta of 1.80. The company has a fifty day moving average of $8.19 and a 200 day moving average of $8.48. 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 issued its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter. Himax Technologies had a net margin of 7.18% and a return on equity of 6.98%. The firm had revenue of $199.16 million for the quarter, compared to the consensus estimate of $186.22 million. During the same quarter in the previous year, the company earned $0.07 EPS. The company’s revenue for the quarter was down 10.5% on a year-over-year basis. 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 bought and sold shares of the company. Triumph Capital Management acquired a new stake in Himax Technologies during the 3rd quarter worth about $28,000. Advisory Services Network LLC acquired a new position in shares of Himax Technologies in the 3rd quarter valued at about $28,000. USA Financial Formulas acquired a new position in shares of Himax Technologies in the 2nd quarter valued at about $32,000. Ameriflex Group Inc. boosted its position in shares of Himax Technologies by 100.0% during the 3rd 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 stake in Himax Technologies by 109.8% during the second quarter. EverSource Wealth Advisors LLC now owns 6,056 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 3,169 shares during the period. Institutional investors 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.