Himax Technologies, Inc. $HIMX Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC decreased its position in Himax Technologies, Inc. (NASDAQ:HIMX) by 0.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,716,022 shares of the semiconductor company’s stock after selling 29,639 shares during the period. Acadian Asset Management LLC owned about 3.84% of Himax Technologies worth $59,930,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Bank of New York Mellon Corp grew its stake in Himax Technologies by 16.2% in the 1st quarter. Bank of New York Mellon Corp now owns 16,839 shares of the semiconductor company’s stock valued at $124,000 after acquiring an additional 2,348 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Himax Technologies by 13.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 247,685 shares of the semiconductor company’s stock worth $1,820,000 after acquiring an additional 30,014 shares during the last quarter. Allianz Asset Management GmbH acquired a new stake in shares of Himax Technologies in the first quarter valued at $8,586,000. Wealthquest Corp purchased a new stake in Himax Technologies during the 1st quarter worth approximately $27,000. Finally, US Bancorp DE raised its holdings in Himax Technologies by 11.6% in the first quarter. US Bancorp DE now owns 27,507 shares of the semiconductor company’s stock valued at $202,000 after acquiring an additional 2,852 shares in the last quarter. 69.81% of the stock is currently owned by institutional investors and hedge funds.

Himax Technologies Price Performance

Shares of HIMX opened at $8.14 on Monday. The firm has a market capitalization of $1.42 billion, a PE ratio of 19.38 and a beta of 2.32. Himax Technologies, Inc. has a twelve month low of $5.12 and a twelve month high of $13.91. The stock’s 50 day moving average is $8.78 and its two-hundred day moving average is $8.59. The company has a current ratio of 1.54, a quick ratio of 1.37 and a debt-to-equity ratio of 0.03.

Himax Technologies (NASDAQ:HIMX) last issued its earnings results on Thursday, November 6th. The semiconductor company reported $0.01 earnings per share for the quarter. The company had revenue of $199.16 million for the quarter, compared to analyst estimates of $186.22 million. Himax Technologies had a net margin of 8.34% and a return on equity of 8.34%. The firm’s revenue for the quarter was down 10.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.07 earnings per share. Himax Technologies has set its Q4 2025 guidance at 0.020-0.040 EPS.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Himax Technologies in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $11.90.

Himax Technologies Profile

Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products.