Renaissance Technologies LLC lowered its position in shares of Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 5.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 641,595 shares of the semiconductor company's stock after selling 40,552 shares during the period. Renaissance Technologies LLC owned 0.37% of Himax Technologies worth $5,158,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in shares of Himax Technologies in the fourth quarter valued at approximately $28,000. GAMMA Investing LLC grew its holdings in Himax Technologies by 90.5% in the 4th quarter. GAMMA Investing LLC now owns 10,290 shares of the semiconductor company's stock worth $83,000 after buying an additional 4,888 shares in the last quarter. Foster Group Inc. acquired a new stake in Himax Technologies in the 4th quarter valued at approximately $100,000. Raymond James Financial Inc. bought a new stake in Himax Technologies during the 4th quarter valued at $106,000. Finally, Orion Portfolio Solutions LLC acquired a new position in Himax Technologies during the 4th quarter worth $107,000. Institutional investors and hedge funds own 69.81% of the company's stock.
Himax Technologies Price Performance
Shares of NASDAQ HIMX traded up $0.04 during mid-day trading on Friday, reaching $6.96. 384,510 shares of the company traded hands, compared to its average volume of 1,790,463. Himax Technologies, Inc. has a fifty-two week low of $4.90 and a fifty-two week high of $13.91. The firm has a market cap of $1.22 billion, a PE ratio of 15.46 and a beta of 2.11. The stock has a fifty day simple moving average of $8.15 and a 200-day simple moving average of $7.66. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.43.
Himax Technologies (NASDAQ:HIMX - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $237.22 million for the quarter. Himax Technologies had a return on equity of 9.09% and a net margin of 8.80%.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Himax Technologies from a "buy" rating to a "hold" rating in a research note on Friday, March 7th.
Get Our Latest Stock Analysis on HIMX
Himax Technologies Company Profile
(
Free Report)
Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products.
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