Himax Technologies (NASDAQ:HIMX) Shares Pass Above 200-Day Moving Average – Should You Sell?

Himax Technologies, Inc. (NASDAQ:HIMX)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.90 and traded as high as $14.83. Himax Technologies shares last traded at $14.27, with a volume of 1,706,818 shares traded.

Himax Technologies Trading Down 6.3%

The company has a 50 day moving average of $17.83 and a two-hundred day moving average of $11.90. The stock has a market capitalization of $2.49 billion, a PE ratio of 72.81 and a beta of 2.26. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.42 and a current ratio of 1.62.

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

Himax Technologies Cuts Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.252 per share. The ex-dividend date was Tuesday, June 30th. This represents a dividend yield of 164.0%. Himax Technologies’s dividend payout ratio is 120.00%.

Hedge Funds Weigh In On Himax Technologies

Several hedge funds and other institutional investors have recently modified their holdings of HIMX. Mitsubishi UFJ Asset Management Co. Ltd. grew its position 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 purchasing an additional 162,809 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Himax Technologies by 3.9% in the fourth 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 last quarter. Clark Capital Management Group Inc. purchased a new position in shares of Himax Technologies in the third quarter worth $1,056,000. Handelsbanken Fonder AB lifted its stake in shares of Himax Technologies by 95.7% during the fourth 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. Finally, Triumph Capital Management acquired a new stake in shares of Himax Technologies during the third quarter worth $28,000. 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.