Himax Technologies, Inc. (NASDAQ:HIMX) Sees Large Growth in Short Interest

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

Institutional Trading of Himax Technologies

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

Analyst Ratings Changes

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

Himax Technologies Stock Down 3.1%

Himax Technologies stock traded down $0.26 during trading on Friday, reaching $8.09. The stock had a trading volume of 1,591,777 shares, compared to its average volume of 2,405,664. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.02. Himax Technologies has a 52-week low of $5.66 and a 52-week high of $12.00. The stock has a market cap of $1.42 billion, a PE ratio of 31.60 and a beta of 1.83. The business has a 50 day moving average price of $8.18 and a 200 day moving average price of $8.36.

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

About Himax Technologies

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.