Himax Technologies (NASDAQ:HIMX) Trading Up 5.8% – Here’s Why

Himax Technologies, Inc. (NASDAQ:HIMX) shares traded up 5.8% on Monday . The stock traded as high as $8.40 and last traded at $8.39. 683,813 shares were traded during mid-day trading, a decline of 71% from the average session volume of 2,339,179 shares. The stock had previously closed at $7.93.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Himax Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Morgan Stanley reissued an “equal weight” rating and set a $8.00 price objective on shares of Himax Technologies in a research note on Wednesday, February 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, Himax Technologies currently has a consensus rating of “Hold” and a consensus price target of $8.00.

Himax Technologies Stock Performance

The stock’s 50-day moving average price is $8.14 and its 200 day moving average price is $8.34. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.58 and a quick ratio of 1.39. The firm has a market cap of $1.57 billion, a P/E ratio of 35.10 and a beta of 1.74.

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

Hedge Funds Weigh In On Himax Technologies

Institutional investors have recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in Himax Technologies during the third quarter worth $28,000. Advisory Services Network LLC bought a new stake in shares of Himax Technologies in the third quarter valued at about $28,000. Ameriflex Group Inc. boosted its position in shares of Himax Technologies by 100.0% in the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 1,800 shares during the period. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Himax Technologies in the fourth quarter valued at about $41,000. Finally, EFG International AG bought a new stake in shares of Himax Technologies in the fourth quarter valued at about $41,000. 69.81% of the stock is currently owned by institutional investors and hedge funds.

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.