Susquehanna Fundamental Investments LLC Buys Shares of 10,000 Himax Technologies, Inc. (NASDAQ:HIMX)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Himax Technologies, Inc. (NASDAQ:HIMX) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the semiconductor company’s stock, valued at approximately $79,000.

Other institutional investors have also modified their holdings of the company. Summit Securities Group LLC raised its stake in shares of Himax Technologies by 1,400.0% during the 2nd quarter. Summit Securities Group LLC now owns 4,500 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 4,200 shares in the last quarter. Blue Trust Inc. increased its position in shares of Himax Technologies by 77,712.5% during the second quarter. Blue Trust Inc. now owns 6,225 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 6,217 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of 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 purchasing an additional 2,487 shares during the last quarter. JTC Employer Solutions Trustee Ltd acquired a new stake in shares of Himax Technologies in the 1st quarter worth $54,000. Finally, Ballentine Partners LLC grew its stake in Himax Technologies by 35.3% during the 1st quarter. Ballentine Partners LLC now owns 25,077 shares of the semiconductor company’s stock worth $134,000 after buying an additional 6,549 shares during the last quarter. 69.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Himax Technologies Stock Up 2.0 %

NASDAQ:HIMX opened at $5.66 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.32 and a debt-to-equity ratio of 0.04. Himax Technologies, Inc. has a twelve month low of $4.80 and a twelve month high of $8.73. The company has a market cap of $988.94 million, a PE ratio of 20.96 and a beta of 2.11. The company’s 50 day moving average is $5.71 and its two-hundred day moving average is $6.18.

Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings data on Friday, August 9th. The semiconductor company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The firm had revenue of $239.60 million for the quarter, compared to analyst estimates of $232.78 million. Himax Technologies had a net margin of 8.42% and a return on equity of 8.94%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 earnings per share.

Himax Technologies Profile

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.