Himax Technologies, Inc. (NASDAQ:HIMX – Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $12.45 and last traded at $11.8470, with a volume of 598861 shares trading hands. The stock had previously closed at $12.31.
Wall Street Analyst Weigh In
A number of research firms recently commented on HIMX. Morgan Stanley reaffirmed an “equal weight” rating and set a $8.00 price target on shares of Himax Technologies in a research note on Wednesday, February 4th. Wall Street Zen raised shares of Himax Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Himax Technologies in a research report on Thursday, January 22nd. 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.
Read Our Latest Report on HIMX
Himax Technologies Stock Performance
Himax Technologies (NASDAQ:HIMX – Get Free Report) last posted 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 firm had revenue of $203.08 million for the quarter, compared to analysts’ expectations of $199.16 million. During the same period in the prior year, the business posted $0.14 earnings per share. The business’s revenue for the quarter 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
Several institutional investors and hedge funds have recently modified their holdings of the stock. Triumph Capital Management bought a new position in Himax Technologies in the third quarter worth approximately $28,000. Advisory Services Network LLC bought a new stake in Himax Technologies during the 3rd quarter valued at $28,000. Ameriflex Group Inc. lifted its holdings in shares of Himax Technologies by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $32,000 after buying an additional 1,800 shares during the period. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Himax Technologies in the 4th quarter worth $41,000. Finally, EFG International AG bought a new position in shares of Himax Technologies during the 4th quarter worth $41,000. Institutional investors own 69.81% of the company’s stock.
Himax Technologies Company Profile
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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