Himax Technologies, Inc. (NASDAQ:HIMX) Short Interest Up 70.3% in March

Himax Technologies, Inc. (NASDAQ:HIMX) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 5,265,616 shares, a growth of 70.3% from the February 26th total of 3,092,747 shares. Based on an average daily volume of 6,354,628 shares, the short-interest ratio is currently 0.8 days. Currently, 4.4% of the shares of the company are short sold.

Institutional Trading of Himax Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Triumph Capital Management acquired a new position in shares of Himax Technologies during the third quarter worth about $28,000. Advisory Services Network LLC acquired a new stake in Himax Technologies in the third quarter valued at about $28,000. Ameriflex Group Inc. boosted its holdings in Himax Technologies by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 1,800 shares in the last quarter. Police & Firemen s Retirement System of New Jersey acquired a new position in Himax Technologies during the 4th quarter worth approximately $41,000. Finally, EFG International AG acquired a new position in Himax Technologies during the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors own 69.81% of the company’s stock.

Wall Street Analyst Weigh In

HIMX has been the topic of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Wall Street Zen raised Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Morgan Stanley restated an “equal weight” rating and set a $8.00 target price on shares of Himax Technologies in a research report on Wednesday, February 4th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $8.00.

Himax Technologies Stock Performance

Shares of NASDAQ HIMX traded down $0.26 during midday trading on Friday, reaching $8.09. 1,591,777 shares of the company were exchanged, compared to its average volume of 4,980,112. The stock has a market cap of $1.42 billion, a P/E ratio of 31.60 and a beta of 1.83. Himax Technologies has a 1 year low of $5.66 and a 1 year high of $12.00. The stock has a fifty day simple moving average of $8.18 and a 200 day simple moving average of $8.36. The company has a current ratio of 1.58, a quick ratio of 1.39 and a debt-to-equity ratio of 0.02.

Himax Technologies (NASDAQ:HIMX) last posted its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.04. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.The company had revenue of $203.08 million during the quarter, compared to analysts’ expectations of $199.16 million. During the same period last year, the firm earned $0.14 EPS. The firm’s revenue for the quarter was down 14.4% on a year-over-year basis. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Himax Technologies Company Profile

Himax Technologies, Inc (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax’s solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.