Himax Technologies, Inc. (NASDAQ:HIMX) Shares Sold by Marshall Wace LLP

Marshall Wace LLP reduced its position in shares of Himax Technologies, Inc. (NASDAQ:HIMX – Free Report) by 35.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 499,046 shares of the semiconductor company’s stock after selling 276,794 shares during the quarter. Marshall Wace LLP owned 0.29% of Himax Technologies worth $3,962,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. UBS Group AG grew its position in Himax Technologies by 302.3% during the 4th quarter. UBS Group AG now owns 1,002,825 shares of the semiconductor company’s stock worth $6,087,000 after buying an additional 753,574 shares during the period. actions during that period. Parallel Advisors LLC grew its position in Himax Technologies by 62.9% in the fourth quarter. Parallel Advisors LLC now owns 10,880 shares of the semiconductor company’s stock worth $66,000 after acquiring an additional 4,203 shares during the last quarter. Ballentine Partners LLC raised its position in Himax Technologies by 35.3% in the first quarter. Ballentine Partners LLC now owns 25,077 shares of the semiconductor company’s stock worth $134,000 after acquiring an additional 6,549 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Himax Technologies by 56.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 6,897 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 2,487 shares during the period. Finally, JTC Employer Solutions Trustee Ltd acquired a new stake in shares of Himax Technologies in the 1st quarter worth $54,000. 69.81% of the shares are held by hedge funds and other institutional investors.

Changes in Analyst Ratings

Separately, StockNews.com downgraded shares of Himax Technologies from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd.

Check out our latest report on HIMX

Himax Technologies Price Performance

Shares of Himax Technologies stock opened at $5.43 on Thursday. The firm has a market cap of $948.75 million, a PE ratio of 20.11 and a beta of 2.12. Himax Technologies, Inc. it has a 52-week low of $4.80 and a 52-week high of $8.73. The company’s 50-day simple moving average is $5.81 and its 200-day simple moving average is $6.18. The company has a quick ratio of 1.32, a current ratio of 1.58, and a debt-to-equity ratio of 0.04.

Himax Technologies (NASDAQ:HIMX – Get Your Free Report ) last released its quarterly earnings results on Friday, August 9th. The semiconductor company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.15 by $0.02. Himax Technologies had a net margin of 8.42% and a return on equity of 8.94%. The business had revenue of $239.60 million for the quarter, compared to analyst estimates of $232.78 million. In the same period last year, the company earned $0.01 per share. The company’s quarterly revenue was up 2.0% year over year.

Himax Technologies profile

(Free Report)

Himax Technologies, Inc., a fabless semiconductor company, provides display image 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 provides display driver integrated circuits (ICs) and timing controllers that are used in TVs, PC monitors, laptops, mobile phones, tablets, automotive devices, ePaper, industrial displays and other products.

See Also

Want to see what other hedge funds hold HIMX? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Himax Technologies, Inc. (NASDAQ:HIMX – Free Report).

Get news and reviews for Himax Technologies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Himax Technologies and related companies with MarketBeat.com’s FREE daily email newsletter.