Himax Technologies (NASDAQ:HIMX) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.36 and traded as high as $9.41. Himax Technologies shares last traded at $9.23, with a volume of 2,226,415 shares changing hands.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HIMX. Weiss Ratings restated a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Wall Street Zen upgraded Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $8.00 price target on shares of Himax Technologies in a research report on Wednesday, February 4th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Stock Performance

The business has a 50-day moving average price of $8.18 and a 200-day moving average price of $8.36. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 31.60 and a beta of 1.83. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.02.

Himax Technologies (NASDAQ:HIMX) last posted its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.04. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.The firm had revenue of $203.08 million during the quarter, compared to analysts’ expectations of $199.16 million. During the same quarter last year, the firm earned $0.14 EPS. The business’s quarterly revenue was down 14.4% on a year-over-year basis. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Investors Weigh In On Himax Technologies

Large investors have recently modified their holdings of the business. ProShare Advisors LLC increased its holdings in shares of Himax Technologies by 5.5% during the third quarter. ProShare Advisors LLC now owns 24,700 shares of the semiconductor company’s stock valued at $218,000 after acquiring an additional 1,280 shares in the last quarter. Natixis Advisors LLC boosted its stake in Himax Technologies by 5.6% in the 3rd quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock worth $240,000 after purchasing an additional 1,432 shares in the last quarter. Cetera Investment Advisers grew its position in Himax Technologies by 11.0% during the 4th 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 during the last quarter. Ameriflex Group Inc. grew its position in Himax Technologies by 100.0% during the 3rd 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 during the last quarter. Finally, Geode Capital Management LLC increased its stake in Himax Technologies by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 102,534 shares of the semiconductor company’s stock valued at $840,000 after purchasing an additional 2,183 shares in the last quarter. Hedge funds and other 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.