Himax Technologies, Inc. (NASDAQ:HIMX) Short Interest Up 19.8% in April

Himax Technologies, Inc. (NASDAQ:HIMXGet Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 7,177,323 shares, an increase of 19.8% from the March 31st total of 5,988,934 shares. Currently, 6.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,207,873 shares, the short-interest ratio is currently 3.3 days.

Institutional Investors Weigh In On Himax Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new position in shares of Himax Technologies in the 3rd quarter valued at $28,000. Advisory Services Network LLC acquired a new stake in shares of Himax Technologies during the 3rd quarter worth about $28,000. Ameriflex Group Inc. increased its position in shares of Himax Technologies by 100.0% during the 3rd 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 last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in Himax Technologies in the 4th quarter valued at about $41,000. Finally, EFG International AG purchased a new stake in Himax Technologies in the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 69.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HIMX. Wall Street Zen raised shares of Himax Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Finally, Morgan Stanley restated an “equal weight” rating and set a $8.00 target price on shares of Himax Technologies in a report on Wednesday, February 4th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $8.00.

Check Out Our Latest Stock Report on Himax Technologies

Himax Technologies Trading Up 4.8%

HIMX stock traded up $0.56 during trading on Friday, reaching $12.31. 2,792,231 shares of the stock were exchanged, compared to its average volume of 2,718,028. 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 $2.15 billion, a price-to-earnings ratio of 48.09 and a beta of 2.03. The business has a 50 day moving average price of $9.10 and a 200-day moving average price of $8.58. Himax Technologies has a 1 year low of $6.85 and a 1 year high of $12.38.

Himax Technologies (NASDAQ:HIMXGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share for the quarter, meeting the consensus estimate 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 net margin of 5.28% and a return on equity of 4.92%. The business’s revenue for the quarter was down 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.14 EPS. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Himax Technologies Company Profile

(Get Free Report)

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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