Peak6 LLC Purchases New Stake in Himax Technologies, Inc. (NASDAQ:HIMX)

Peak6 LLC acquired a new position in shares of Himax Technologies, Inc. (NASDAQ:HIMX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,357 shares of the semiconductor company’s stock, valued at approximately $107,000.

Other large investors have also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of Himax Technologies by 14.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,909,036 shares of the semiconductor company’s stock worth $15,349,000 after acquiring an additional 243,178 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Himax Technologies by 48.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 493,086 shares of the semiconductor company’s stock worth $3,738,000 after purchasing an additional 161,163 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Himax Technologies by 28.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 694,445 shares of the semiconductor company’s stock valued at $5,583,000 after purchasing an additional 152,982 shares in the last quarter. E Fund Management Co. Ltd. bought a new stake in Himax Technologies during the fourth quarter worth $455,000. Finally, Wedbush Securities Inc. purchased a new stake in Himax Technologies in the 4th quarter valued at $201,000. 69.81% of the stock is owned by institutional investors.

Himax Technologies Price Performance

Himax Technologies stock opened at $6.28 on Tuesday. Himax Technologies, Inc. has a 52 week low of $4.84 and a 52 week high of $13.91. The company’s 50 day moving average price is $8.39 and its two-hundred day moving average price is $7.66. The stock has a market cap of $1.10 billion, a P/E ratio of 13.96 and a beta of 2.11. The company has a quick ratio of 1.43, a current ratio of 1.65 and a debt-to-equity ratio of 0.03.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Himax Technologies from a “buy” rating to a “hold” rating in a report on Friday, March 7th.

Himax Technologies Company 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.