Himax Technologies, Inc. (NASDAQ:HIMX) Sees Significant Increase in Short Interest

Himax Technologies, Inc. (NASDAQ:HIMX) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 5,265,616 shares, a growth of 70.3% from the February 26th total of 3,092,747 shares. Based on an average daily trading volume, of 6,354,628 shares, the short-interest ratio is currently 0.8 days. Currently, 4.4% of the company’s shares are sold short.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Himax Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Triumph Capital Management bought a new stake in Himax Technologies in the 3rd quarter valued at approximately $28,000. Advisory Services Network LLC bought a new position in shares of Himax Technologies during the 3rd quarter worth approximately $28,000. Ameriflex Group Inc. raised its holdings in shares of 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 purchasing an additional 1,800 shares during the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Himax Technologies in the fourth quarter worth $41,000. Finally, EFG International AG bought a new stake in shares of Himax Technologies in the fourth quarter worth $41,000. Institutional investors and hedge funds own 69.81% of the company’s stock.

Himax Technologies Stock Down 3.1%

Shares of HIMX stock traded down $0.26 during trading hours on Friday, hitting $8.09. 1,591,777 shares of the company were exchanged, compared to its average volume of 4,980,112. The business has a 50 day moving average of $8.18 and a two-hundred day moving average of $8.36. The company has a current ratio of 1.58, a quick ratio of 1.39 and a debt-to-equity ratio of 0.02. Himax Technologies has a 52 week low of $5.66 and a 52 week high of $12.00. The company has a market capitalization of $1.42 billion, a PE ratio of 31.60 and a beta of 1.83.

Himax Technologies (NASDAQ:HIMX) last posted its quarterly earnings data on Thursday, February 12th. The semiconductor company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. The business had revenue of $203.08 million for 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 firm’s revenue was down 14.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

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.