Oppenheimer & Co. Inc. acquired a new stake in Himax Technologies, Inc. (NASDAQ:HIMX – Get Rating) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 19,300 shares of the semiconductor company’s stock, valued at approximately $145,000.
A number of other hedge funds have also made changes to their positions in HIMX. SG Americas Securities LLC purchased a new position in Himax Technologies during the 1st quarter worth approximately $189,000. CapWealth Advisors LLC purchased a new position in Himax Technologies during the 1st quarter worth approximately $7,704,000. Envestnet Asset Management Inc. grew its stake in Himax Technologies by 49.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 193,867 shares of the semiconductor company’s stock worth $2,105,000 after buying an additional 64,226 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Himax Technologies by 65.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 26,215 shares of the semiconductor company’s stock worth $284,000 after buying an additional 10,328 shares during the last quarter. Finally, Advisor Group Holdings Inc. grew its stake in Himax Technologies by 22.1% during the 1st quarter. Advisor Group Holdings Inc. now owns 65,791 shares of the semiconductor company’s stock worth $738,000 after buying an additional 11,928 shares during the last quarter. Hedge funds and other institutional investors own 17.47% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. TheStreet downgraded Himax Technologies from a “b-” rating to a “c+” rating in a research note on Tuesday, September 13th. StockNews.com upgraded Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday. Four research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Himax Technologies presently has an average rating of “Hold” and a consensus target price of $9.67.
Himax Technologies Trading Down 3.1 %
About Himax Technologies
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 through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices.
- Get a free copy of the StockNews.com research report on Himax Technologies (HIMX)
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