Himax Technologies (NASDAQ:HIMX) Stock Price Breaks Above 200-Day Moving Average – What’s Next?

Himax Technologies, Inc. (NASDAQ:HIMX) shares crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $14.21 and traded as high as $15.33. Himax Technologies shares last traded at $15.24, with a volume of 1,409,563 shares.

Wall Street Analyst Weigh In

Several research analysts have recently commented on HIMX shares. Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research note on Friday, September 25th. Wall Street Zen raised Himax Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, Himax Technologies has a consensus rating of “Hold” and an average target price of $8.00.

Himax Technologies Price Performance

The company has a quick ratio of 1.36, a current ratio of 1.55 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average of $13.89 and a 200-day moving average of $14.21. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 73.98 and a beta of 2.34.

Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Himax Technologies had a net margin of 4.26% and a return on equity of 3.90%. The firm had revenue of $227.37 million for the quarter, compared to analyst estimates of $222.99 million. During the same period last year, the business earned $0.10 EPS. Himax Technologies’s revenue for the quarter was up 5.9% compared to the same quarter last year. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS. On average, equities research analysts predict that Himax Technologies, Inc. will post 0.4 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new position in Himax Technologies during the 2nd quarter worth $26,000. Rockefeller Capital Management L.P. boosted its stake in shares of Himax Technologies by 976.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,340 shares of the semiconductor company’s stock valued at $44,000 after buying an additional 4,844 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Himax Technologies by 51.0% in the first quarter. EverSource Wealth Advisors LLC now owns 7,589 shares of the semiconductor company’s stock worth $60,000 after acquiring an additional 2,564 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Himax Technologies by 799.9% during the 2nd quarter. IFP Advisors Inc now owns 6,065 shares of the semiconductor company’s stock worth $93,000 after purchasing an additional 5,391 shares in the last quarter. Finally, SmartHarvest Portfolios LLC acquired a new stake in shares of Himax Technologies in the first quarter valued at about $105,000. 69.81% of the stock is currently owned by hedge funds and other institutional investors.

Himax Technologies Company Profile

Himax Technologies, Inc is a fabless semiconductor company that develops and supplies display imaging and related semiconductor solutions. Founded in 2001 and headquartered in Tainan, Taiwan, the company designs products for use in televisions, monitors, laptops, smartphones, tablets, automotive displays, industrial equipment and other consumer and commercial electronics.

Himax’s product portfolio includes display driver integrated circuits and timing controllers, which manage the presentation of images on flat-panel displays.