What’s Trending: Himax Technologies, Inc. (ADR) (HIMX) & Analysts, Rockwell Medical Inc (RMTI)’s Success, Micron Technology, Inc. (MU)’s HMC Interoperability

Editor’s Note: Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), Rockwell Medical Inc (NASDAQ:RMTI), Micron Technology, Inc. (NASDAQ:MU), SanDisk Corporation (NASDAQ:SNDK), Altera Corporation (NASDAQ:ALTR)

Himax Technologies, Inc (NASDAQ:HIMX) on a high on analysts’ ratings (GSPInsider)
At the start of the week, Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) was the target of very high options-trading. Traders purchased 9,345 call-options of the stock. This is an increase of 134% in comparison with the typical daily- volume of 3,990 call-options. Recently, numerous analysts have commented on the HIMX stock. Chardan Capital analysts have reiterated their “sell” rating in Himax shares on 21 August and have now set a $7.50 price-target on the shares. UBS AG analyst’s have reiterated their “buy” rating on the shares on 22 July and have now assigned a $7.50 price-target on the stock. One equities-research analyst has assigned a “sell” rating in the stock while another has assigned a “hold” rating. Five analysts have assigned a “buy” rating and the average rating on Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) shares is a “buy”. While the average target price is $8.10.

Rockwell Medical’s iron deficiency drug succeeds in final study (Reuters)
Rockwell Medical Inc (NASDAQ:RMTI) said its lead experimental drug met the main goal of improving hemoglobin levels in its final late-stage trial among adult patients with chronic kidney disease. Rockwell shares rose 14 percent to $6.34 in heavy trading on the Nasdaq. The study was the second of two identical late-stage studies testing the drug in patients with chronic kidney disease on hemodialysis — a process by which waste and extra fluid is removed from the blood of patients with kidney failure.

Micron Technology, Inc. (NASDAQ:MU)

Altera, Micron demonstrate HMC interoperability (New Electronics)
Altera Corporation (NASDAQ:ALTR) and Micron Technology, Inc. (NASDAQ:MU) have jointly demonstrated interoperability between Stratix V fpgas and Micron’s Hybrid Memory Cube (HMC) technology. “As one of the founding developers of the HMC Consortium, Altera’s support for, and involvement with, HMC has been invaluable,” said Brian Shirley, Micron’s vice president of dram solutions. “The combination of Altera fpgas with Micron Technology, Inc. (NASDAQ:MU)’s HMC solution will help customers leverage the technology’s performance and efficiency in a wide range of next generation networking and computing applications.”

SanDisk Corp. Director Catherine Lego Unloads 6,000 Shares (SNDK) (Mideast Time)
SanDisk Corporation (NASDAQ:SNDK) Director Catherine Lego sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $54.32, for a total transaction of $325,920.00. Following the completion of the transaction, the director now directly owns 6,074 shares of the company’s stock. The sale was disclosed in a filing with the SEC.

Micron Technology Receives Hold Rating from TheStreet (MU) (The Utah People’s Post)
Micron Technology, Inc. (NASDAQ:MU)‘s stock had its “hold” rating restated by analysts at TheStreet in a research report issued to clients and investors on Tuesday, AnalystRatings.Net reports. The analysts wrote, “Micron Technology (MU) has been reiterated by TheStreet Ratings as a hold with a ratings score of C. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that we feel that the company’s cash flow from its operations has been weak overall.”

How a Plant Fire Helps Micron and SanDisk (24/7 Wall St.)
Micron Technology, Inc. (NASDAQ:MU) and SanDisk Corporation (NASDAQ:SNDK) are both winning at the loss of one of their competitors in the world of DRAM. Reports of a fire at a Chinese plant under rival SK Hynix Semiconductor is giving these companies another leg up. In fact, Micron even hit a new multiyear high earlier on Wednesday. Stern Agee said that there is potential for a minor DRAM-NAND disruption from this Hynix fire as a potential supply disruption. Sterne Agee said that this would be a positive for both SanDisk Corporation (NASDAQ:SNDK) and Micron Technology. These shares are both rated as Buy at the firm.