Himax Technologies (NASDAQ:HIMX) Sees Large Volume Increase – Here’s Why

Shares of Himax Technologies, Inc. (NASDAQ:HIMXGet Free Report) saw unusually-high trading volume on Friday . Approximately 5,708,861 shares traded hands during trading, an increase of 191% from the previous session’s volume of 1,961,133 shares.The stock last traded at $10.8130 and had previously closed at $10.13.

Trending Headlines about Himax Technologies

Here are the key news stories impacting Himax Technologies this week:

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Report on Himax Technologies

Himax Technologies Stock Down 2.9%

The company’s fifty day simple moving average is $8.09 and its 200 day simple moving average is $8.32. The company has a current ratio of 1.58, a quick ratio of 1.39 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $1.72 billion, a P/E ratio of 38.44 and a beta of 1.83.

Himax Technologies (NASDAQ:HIMXGet Free Report) last announced its earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share 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 firm had revenue of $203.08 million for the quarter, compared to analyst estimates of $199.16 million. During the same quarter in the previous year, the firm posted $0.14 EPS. The company’s revenue for the quarter 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.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Triumph Capital Management bought a new position in shares of Himax Technologies in the 3rd quarter worth approximately $28,000. Advisory Services Network LLC bought a new stake in shares of Himax Technologies during the third quarter valued at approximately $28,000. Ameriflex Group Inc. grew its stake in Himax Technologies by 100.0% in the third 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. Police & Firemen s Retirement System of New Jersey purchased a new stake in Himax Technologies in the fourth quarter worth $41,000. Finally, EFG International AG bought a new position in Himax Technologies in the fourth quarter worth $41,000. Hedge funds and other institutional investors own 69.81% of the company’s stock.

About Himax Technologies

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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.

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