JPMorgan Chase & Co. Sells 149,335 Shares of Himax Technologies, Inc. (NASDAQ:HIMX)

JPMorgan Chase & Co. lowered its position in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 91.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,791 shares of the semiconductor company's stock after selling 149,335 shares during the quarter. JPMorgan Chase & Co.'s holdings in Himax Technologies were worth $119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Virtu Financial LLC purchased a new stake in shares of Himax Technologies in the 3rd quarter valued at $98,000. GAMMA Investing LLC boosted its position in Himax Technologies by 90.5% during the fourth quarter. GAMMA Investing LLC now owns 10,290 shares of the semiconductor company's stock valued at $83,000 after buying an additional 4,888 shares during the period. Ballentine Partners LLC grew its stake in shares of Himax Technologies by 47.6% during the fourth quarter. Ballentine Partners LLC now owns 38,510 shares of the semiconductor company's stock valued at $310,000 after buying an additional 12,418 shares during the last quarter. Clear Harbor Asset Management LLC increased its holdings in shares of Himax Technologies by 2.4% in the fourth quarter. Clear Harbor Asset Management LLC now owns 169,330 shares of the semiconductor company's stock worth $1,361,000 after buying an additional 3,900 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Himax Technologies in the fourth quarter worth about $164,000. 69.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Himax Technologies from a "buy" rating to a "hold" rating in a research report on Friday, March 7th.

Himax Technologies Trading Down 2.5 %

Shares of HIMX opened at $7.50 on Tuesday. The stock has a market capitalization of $1.31 billion, a P/E ratio of 16.67 and a beta of 2.11. Himax Technologies, Inc. has a twelve month low of $5.12 and a twelve month high of $13.91. The company has a quick ratio of 1.43, a current ratio of 1.65 and a debt-to-equity ratio of 0.03. The firm has a fifty day simple moving average of $7.69 and a two-hundred day simple moving average of $7.73.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last posted its earnings results on Thursday, February 13th. The semiconductor company reported $0.14 earnings per share for the quarter. Himax Technologies had a net margin of 8.80% and a return on equity of 9.09%. The company had revenue of $237.22 million during the quarter.

About Himax Technologies

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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