O Shaughnessy Asset Management LLC Sells 11,339 Shares of Himax Technologies, Inc. (NASDAQ:HIMX)

O Shaughnessy Asset Management LLC decreased its position in shares of Himax Technologies, Inc. (NASDAQ:HIMX) by 35.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 20,855 shares of the semiconductor company’s stock after selling 11,339 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Himax Technologies were worth $168,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new position in shares of Himax Technologies during the fourth quarter valued at $28,000. Signaturefd LLC lifted its position in Himax Technologies by 34.8% during the 4th quarter. Signaturefd LLC now owns 13,437 shares of the semiconductor company’s stock valued at $108,000 after purchasing an additional 3,468 shares during the period. Clear Harbor Asset Management LLC boosted its stake in shares of Himax Technologies by 2.4% in the 4th quarter. Clear Harbor Asset Management LLC now owns 169,330 shares of the semiconductor company’s stock valued at $1,361,000 after purchasing an additional 3,900 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Himax Technologies by 90.5% during the 4th quarter. GAMMA Investing LLC now owns 10,290 shares of the semiconductor company’s stock worth $83,000 after buying an additional 4,888 shares during the period. Finally, Sanctuary Advisors LLC raised its stake in shares of Himax Technologies by 33.9% during the third quarter. Sanctuary Advisors LLC now owns 19,431 shares of the semiconductor company’s stock worth $102,000 after buying an additional 4,915 shares during the last quarter. 69.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Himax Technologies Stock Performance

Shares of HIMX stock opened at $6.32 on Monday. The stock has a market cap of $1.10 billion, a PE ratio of 14.04 and a beta of 2.11. The stock has a 50-day moving average of $8.76 and a 200-day moving average of $7.62. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.65 and a quick ratio of 1.43. Himax Technologies, Inc. has a one year low of $4.80 and a one year high of $13.91.

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

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.