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

Himax Technologies, Inc. (NASDAQ:HIMX)’s share 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 changing hands.

Himax Technologies Price Performance

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 firm’s fifty day moving average price is $17.33 and its 200 day moving average price is $12.15. The stock has a market cap of $2.31 billion, a PE ratio of 67.71 and a beta of 2.26.

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

Himax Technologies Cuts Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th were given 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 (DPR) is presently 120.00%.

Institutional Investors Weigh In On Himax Technologies

Hedge funds have recently made changes to their positions in the company. Triumph Capital Management bought a new position in Himax Technologies during the third quarter valued at approximately $28,000. Advisory Services Network LLC bought a new stake in Himax Technologies in the 3rd quarter worth approximately $28,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Himax Technologies during the 4th quarter worth approximately $41,000. EFG International AG purchased a new stake in shares of Himax Technologies during the 4th quarter worth approximately $41,000. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Himax Technologies by 976.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,340 shares of the semiconductor company’s stock worth $44,000 after acquiring an additional 4,844 shares in the last quarter. 69.81% of the stock is currently 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.