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Himax Technologies (NASDAQ:HIMX) Shares Gap Up to $5.22

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Shares of Himax Technologies, Inc. (NASDAQ:HIMX - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $5.22, but opened at $5.66. Himax Technologies shares last traded at $5.80, with a volume of 518,142 shares.

Himax Technologies Trading Up 9.2 %

The stock has a market capitalization of $995.93 million, a P/E ratio of 19.59 and a beta of 2.02. The stock's fifty day moving average price is $5.34 and its two-hundred day moving average price is $5.64. The company has a current ratio of 1.69, a quick ratio of 1.39 and a debt-to-equity ratio of 0.04.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.03. Himax Technologies had a net margin of 5.35% and a return on equity of 6.42%. The business had revenue of $227.70 million during the quarter, compared to the consensus estimate of $226.80 million. During the same period in the previous year, the firm posted $0.24 earnings per share. The firm's revenue for the quarter was down 13.2% on a year-over-year basis.

Institutional Investors Weigh In On Himax Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Signaturefd LLC increased its stake in Himax Technologies by 19.1% in the 4th quarter. Signaturefd LLC now owns 11,450 shares of the semiconductor company's stock worth $70,000 after purchasing an additional 1,834 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in Himax Technologies by 56.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 6,897 shares of the semiconductor company's stock valued at $37,000 after buying an additional 2,487 shares during the last quarter. Parallel Advisors LLC raised its holdings in Himax Technologies by 62.9% during the 4th quarter. Parallel Advisors LLC now owns 10,880 shares of the semiconductor company's stock valued at $66,000 after buying an additional 4,203 shares during the last quarter. Stifel Financial Corp boosted its position in Himax Technologies by 1.0% during the 3rd quarter. Stifel Financial Corp now owns 433,880 shares of the semiconductor company's stock valued at $2,534,000 after buying an additional 4,251 shares during the period. Finally, Quantbot Technologies LP grew its holdings in Himax Technologies by 23.1% in the 3rd quarter. Quantbot Technologies LP now owns 30,785 shares of the semiconductor company's stock worth $180,000 after acquiring an additional 5,785 shares during the last quarter. Institutional investors own 69.81% of the company's stock.


Himax Technologies Company Profile

(Get 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.

See Also

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