Himax Technologies (NASDAQ:HIMX) Trading Down 6.8% – Here’s Why

Himax Technologies, Inc. (NASDAQ:HIMX)’s stock price was down 6.8% during trading on Monday . The stock traded as low as $7.56 and last traded at $7.5420. Approximately 790,050 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 2,376,931 shares. The stock had previously closed at $8.09.

Wall Street Analyst Weigh In

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

Himax Technologies Stock Up 2.1%

The stock has a market cap of $1.41 billion, a P/E ratio of 31.40 and a beta of 1.83. 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 stock’s 50-day moving average is $8.15 and its 200-day moving average is $8.35.

Himax Technologies (NASDAQ:HIMX) last released its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $0.04 EPS for the quarter, hitting 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 previous year, the firm earned $0.14 EPS. Himax Technologies’s revenue was down 14.4% on a year-over-year basis. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Institutional Trading of Himax Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of HIMX. Lazard Asset Management LLC lifted its holdings in shares of Himax Technologies by 9.4% in the fourth quarter. Lazard Asset Management LLC now owns 5,718,698 shares of the semiconductor company’s stock valued at $46,836,000 after buying an additional 489,903 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Himax Technologies by 3.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,400,014 shares of the semiconductor company’s stock worth $36,036,000 after acquiring an additional 165,508 shares during the period. Handelsbanken Fonder AB raised its position in Himax Technologies by 95.7% in the fourth quarter. Handelsbanken Fonder AB now owns 3,429,263 shares of the semiconductor company’s stock worth $28,086,000 after acquiring an additional 1,676,831 shares in the last quarter. State Street Corp raised its position in Himax Technologies by 9.6% in the fourth quarter. State Street Corp now owns 1,600,126 shares of the semiconductor company’s stock worth $13,105,000 after acquiring an additional 139,703 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Himax Technologies by 24.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,971 shares of the semiconductor company’s stock valued at $7,046,000 after purchasing an additional 162,809 shares in the last quarter. 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.