Himax Technologies (NASDAQ:HIMX) Stock Price Down 10.8% – Should You Sell?

Shares of Himax Technologies, Inc. (NASDAQ:HIMX) dropped 10.8% during trading on Tuesday . The company traded as low as $18.31 and last traded at $18.4290. Approximately 5,257,198 shares changed hands during trading, an increase of 74% from the average daily volume of 3,027,028 shares. The stock had previously closed at $20.65.

Analyst Ratings Changes

A number of analysts have recently issued reports on HIMX shares. Morgan Stanley reissued an “equal weight” rating and issued a $8.00 price target on shares of Himax Technologies in a research report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research report on Thursday, January 22nd. Finally, Wall Street Zen raised shares of Himax Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Himax Technologies currently has an average rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Stock Performance

The stock has a fifty day simple moving average of $9.92 and a 200-day simple moving average of $8.80. 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 company has a market capitalization of $3.32 billion, a P/E ratio of 97.30 and a beta of 2.03.

Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The firm had revenue of $199.01 million during the quarter, compared to analyst estimates of $195.01 million. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.The company’s revenue was down 7.5% on a year-over-year basis. During the same period last year, the company earned $0.11 earnings per share. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS.

Institutional Investors Weigh In On Himax Technologies

Institutional investors have recently bought and sold shares of the company. Triumph Capital Management bought a new stake in Himax Technologies in the 3rd quarter valued at approximately $28,000. Advisory Services Network LLC acquired a new stake in shares of Himax Technologies during the 3rd quarter worth $28,000. Ameriflex Group Inc. boosted its stake in Himax Technologies by 100.0% in the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 1,800 shares in the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new stake in Himax Technologies in the fourth quarter valued at about $41,000. Finally, EFG International AG bought a new position in Himax Technologies in the fourth quarter valued at about $41,000. Institutional investors own 69.81% of the company’s stock.

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.