Himax Technologies Target of Unusually High Options Trading (NASDAQ:HIMX)

Himax Technologies, Inc. (NASDAQ:HIMX) was the recipient of some unusual options trading on Thursday. Stock traders acquired 21,671 call options on the stock. This is an increase of 330% compared to the average volume of 5,039 call options.

Himax Technologies Stock Performance

NASDAQ HIMX traded up $5.23 on Thursday, reaching $17.56. 14,978,557 shares of the stock were exchanged, compared to its average volume of 2,616,248. 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 company’s 50-day simple moving average is $9.29 and its two-hundred day simple moving average is $8.61. The firm has a market capitalization of $3.06 billion, a PE ratio of 68.31 and a beta of 2.03. Himax Technologies has a one year low of $6.85 and a one year high of $17.88.

Himax Technologies (NASDAQ:HIMX) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $199.01 million for the quarter, compared to analysts’ expectations of $195.01 million. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.The business’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period last year, the firm earned $0.11 earnings per share. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Himax Technologies

Large investors have recently made changes to their positions in the company. Triumph Capital Management bought a new stake in shares of Himax Technologies in the third quarter worth about $28,000. Advisory Services Network LLC bought a new stake in Himax Technologies in the third quarter worth $28,000. Ameriflex Group Inc. increased its position in Himax Technologies by 100.0% in the third 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 bought a new stake in Himax Technologies in the fourth quarter worth $41,000. Finally, EFG International AG bought a new stake in Himax Technologies in the fourth quarter worth $41,000. 69.81% of the stock is 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.