Himax Technologies Sees Unusually High Options Volume (NASDAQ:HIMX)

Himax Technologies, Inc. (NASDAQ:HIMX) was the recipient of some unusual options trading on Tuesday. Stock investors purchased 16,488 call options on the stock. This represents an increase of 956% compared to the typical daily volume of 1,561 call options.

Himax Technologies Stock Up 7.4%

Shares of HIMX opened at $8.29 on Wednesday. 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 company has a 50-day moving average price of $8.01 and a two-hundred day moving average price of $8.29. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 32.38 and a beta of 1.83. Himax Technologies has a 12 month low of $5.66 and a 12 month high of $9.85.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of Himax Technologies by 3.7% in the 1st quarter. Royal Bank of Canada now owns 106,503 shares of the semiconductor company’s stock worth $782,000 after purchasing an additional 3,811 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Himax Technologies by 127.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 240,411 shares of the semiconductor company’s stock valued at $1,767,000 after purchasing an additional 134,799 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Himax Technologies by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 275,829 shares of the semiconductor company’s stock valued at $2,463,000 after purchasing an additional 28,144 shares during the last quarter. Bank of Montreal Can boosted its position in Himax Technologies by 11.1% in the second quarter. Bank of Montreal Can now owns 80,400 shares of the semiconductor company’s stock valued at $718,000 after buying an additional 8,050 shares in the last quarter. Finally, Savant Capital LLC acquired a new position in Himax Technologies in the second quarter valued at about $105,000. 69.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on HIMX shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Himax Technologies in a research report on Thursday, January 22nd. Morgan Stanley restated an “equal weight” rating and issued a $8.00 target price on shares of Himax Technologies in a research note on Wednesday, February 4th. Zacks Research raised Himax Technologies to a “hold” rating in a research report on Wednesday, November 12th. Finally, Wall Street Zen upgraded shares of Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $8.00.

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.