Himax Technologies, Inc. $HIMX Shares Acquired by Engineers Gate Manager LP

Engineers Gate Manager LP boosted its holdings in Himax Technologies, Inc. (NASDAQ:HIMXFree Report) by 776.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 116,716 shares of the semiconductor company’s stock after purchasing an additional 103,397 shares during the quarter. Engineers Gate Manager LP’s holdings in Himax Technologies were worth $1,790,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC boosted its stake in Himax Technologies by 11.1% in the 1st quarter. Lazard Asset Management LLC now owns 6,355,718 shares of the semiconductor company’s stock worth $50,019,000 after buying an additional 637,020 shares during the last quarter. Handelsbanken Fonder AB lifted its holdings in shares of Himax Technologies by 95.7% during the 4th 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 during the period. Renaissance Technologies LLC boosted its position in shares of Himax Technologies by 233.3% in the first quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock worth $5,096,000 after acquiring an additional 453,200 shares during the last quarter. Royal Bank of Canada grew its holdings in Himax Technologies by 31.8% in the first quarter. Royal Bank of Canada now owns 193,024 shares of the semiconductor company’s stock valued at $1,519,000 after purchasing an additional 46,582 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in Himax Technologies during the second quarter worth approximately $1,717,000. 69.81% of the stock is currently owned by hedge funds and other institutional investors.

Himax Technologies Trading Down 2.8%

NASDAQ HIMX opened at $13.22 on Wednesday. Himax Technologies, Inc. has a one year low of $6.85 and a one year high of $25.09. The company’s 50 day moving average price is $13.79 and its 200 day moving average price is $13.70. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.36 and a current ratio of 1.55. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 64.17 and a beta of 2.34.

Himax Technologies (NASDAQ:HIMXGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. Himax Technologies had a net margin of 4.26% and a return on equity of 3.90%. The company had revenue of $227.37 million during the quarter, compared to the consensus estimate of $222.99 million. During the same period in the previous year, the firm earned $0.10 earnings per share. Himax Technologies’s revenue for the quarter was up 5.9% on a year-over-year basis. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Himax Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $8.00.

Get Our Latest Stock Analysis on Himax Technologies

Himax Technologies Company Profile

(Free Report)

Himax Technologies, Inc is a fabless semiconductor company that develops display imaging technologies and related products. The company’s solutions are used in consumer electronics, automotive systems, industrial applications and other products that incorporate displays, cameras or sensing capabilities.

Himax’s product portfolio includes display driver integrated circuits and timing controllers for applications such as televisions, monitors, laptops, tablets, smartphones and automotive displays.

See Also

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Institutional Ownership by Quarter for Himax Technologies (NASDAQ:HIMX)

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