Himax Technologies (NASDAQ:HIMX) Sees Large Volume Increase – What’s Next?

Shares of Himax Technologies, Inc. (NASDAQ:HIMX) saw an uptick in trading volume on Wednesday . 4,786,495 shares traded hands during trading, an increase of 39% from the previous session’s volume of 3,438,413 shares.The stock last traded at $16.4310 and had previously closed at $18.27.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Himax Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, Himax Technologies presently has a consensus rating of “Hold” and an average target price of $8.00.

Himax Technologies Trading Down 9.0%

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.62 and a quick ratio of 1.42. The business’s 50-day moving average price is $15.03 and its two-hundred day moving average price is $10.60. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of 85.29 and a beta of 2.25.

Himax Technologies (NASDAQ:HIMX) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.The company had revenue of $199.01 million for the quarter, compared to analysts’ expectations of $195.01 million. During the same quarter last year, the business earned $0.11 earnings per share. Himax Technologies’s revenue was down 7.5% on a year-over-year basis. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. Research analysts predict that Himax Technologies, Inc. will post 0.4 earnings per share for the current year.

Himax Technologies Cuts Dividend

The business also recently announced an annual dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be issued a $0.252 dividend. The ex-dividend date is Tuesday, June 30th. This represents a yield of 122.0%. Himax Technologies’s dividend payout ratio is presently 180.00%.

Institutional Trading of Himax Technologies

Institutional investors have recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new stake in Himax Technologies in the third quarter valued at approximately $28,000. Advisory Services Network LLC bought a new stake in Himax Technologies in the third quarter valued at approximately $28,000. Ameriflex Group Inc. boosted its holdings in Himax Technologies by 100.0% in the third quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 1,800 shares during the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in Himax Technologies in the fourth quarter valued at approximately $41,000. Finally, EFG International AG acquired a new position in Himax Technologies in the fourth quarter valued at approximately $41,000. 69.81% of the stock is currently owned by institutional investors.

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.