Himax Technologies (NASDAQ:HIMX) Stock Price Up 6.1% – What’s Next?

Shares of Himax Technologies, Inc. (NASDAQ:HIMX) traded up 6.1% during trading on Wednesday . The stock traded as high as $9.43 and last traded at $9.6140. 743,686 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 2,317,246 shares. The stock had previously closed at $9.06.

Analysts Set New Price Targets

HIMX has been the subject of several research reports. Wall Street Zen upgraded shares of Himax Technologies from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Morgan Stanley restated an “equal weight” rating and set a $8.00 price target 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 equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Himax Technologies has a consensus rating of “Hold” and a consensus target price of $8.00.

Himax Technologies Price Performance

The company’s 50-day moving average price is $8.12 and its 200-day moving average price is $8.33. The company has a quick ratio of 1.39, a current ratio of 1.58 and a debt-to-equity ratio of 0.02. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 36.77 and a beta of 1.83.

Himax Technologies (NASDAQ:HIMX) last announced its earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. The firm had revenue of $203.08 million for the quarter, compared to the consensus estimate 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 period in the prior year, the firm earned $0.14 EPS. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Trading of Himax Technologies

A number of large investors have recently modified their holdings of the stock. ProShare Advisors LLC raised its stake in shares of Himax Technologies by 5.5% in the third quarter. ProShare Advisors LLC now owns 24,700 shares of the semiconductor company’s stock valued at $218,000 after acquiring an additional 1,280 shares in the last quarter. Natixis Advisors LLC grew its stake in Himax Technologies by 5.6% during the 3rd quarter. Natixis Advisors LLC now owns 27,132 shares of the semiconductor company’s stock worth $240,000 after purchasing an additional 1,432 shares in the last quarter. Cetera Investment Advisers increased its holdings in Himax Technologies by 11.0% during the 4th quarter. Cetera Investment Advisers now owns 17,188 shares of the semiconductor company’s stock worth $141,000 after purchasing an additional 1,700 shares during the period. Ameriflex Group Inc. increased its holdings in Himax Technologies by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 1,800 shares during the period. Finally, Geode Capital Management LLC raised its position in Himax Technologies by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 102,534 shares of the semiconductor company’s stock valued at $840,000 after purchasing an additional 2,183 shares in the last quarter. Hedge funds and other institutional investors own 69.81% of the company’s stock.

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.