Himax Technologies (NASDAQ:HIMX) Sees Unusually-High Trading Volume – Here’s Why

Shares of Himax Technologies, Inc. (NASDAQ:HIMX) saw unusually-high trading volume on Wednesday . Approximately 4,786,495 shares changed hands during trading, an increase of 39% from the previous session’s volume of 3,438,413 shares.The stock last traded at $16.4310 and had previously closed at $18.27.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Himax Technologies from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $8.00.

Himax Technologies Trading Up 8.9%

The firm has a market capitalization of $3.08 billion, a P/E ratio of 90.21 and a beta of 2.25. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.62 and a quick ratio of 1.42. The business’s 50-day moving average is $15.40 and its 200 day moving average is $10.74.

Himax Technologies (NASDAQ:HIMX) last announced its quarterly earnings data on Thursday, May 7th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The firm had revenue of $199.01 million for the quarter, compared to the consensus estimate of $195.01 million. Himax Technologies had a net margin of 3.91% and a return on equity of 3.57%. The business’s revenue for the quarter was down 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.11 earnings per share. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. As a group, analysts anticipate that Himax Technologies, Inc. will post 0.4 EPS for the current fiscal year.

Himax Technologies Cuts Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.252 per share. This represents a yield of 122.0%. The ex-dividend date is Tuesday, June 30th. Himax Technologies’s dividend payout ratio is presently 120.00%.

Institutional Investors Weigh In On Himax Technologies

A number of large investors have recently bought and sold shares of HIMX. Handelsbanken Fonder AB grew its stake in Himax Technologies by 95.7% during the fourth quarter. Handelsbanken Fonder AB now owns 3,429,263 shares of the semiconductor company’s stock worth $28,086,000 after buying an additional 1,676,831 shares in the last quarter. Lazard Asset Management LLC grew its stake in Himax Technologies by 11.1% during the first 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 in the last quarter. Renaissance Technologies LLC grew its stake in Himax Technologies by 233.3% during the first quarter. Renaissance Technologies LLC now owns 647,461 shares of the semiconductor company’s stock worth $5,096,000 after buying an additional 453,200 shares in the last quarter. Jump Financial LLC acquired a new stake in Himax Technologies during the second quarter worth about $3,194,000. Finally, First Trust Advisors LP acquired a new stake in Himax Technologies during the third quarter worth about $2,154,000. 69.81% of the stock is currently owned by institutional investors and hedge funds.

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.