Himax Technologies (NASDAQ:HIMX) Shares Up 9.5% – Here’s What Happened

Himax Technologies, Inc. (NASDAQ:HIMX)’s share price traded up 9.5% during trading on Monday . The stock traded as high as $14.37 and last traded at $14.3990. Approximately 755,550 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 3,357,263 shares. The stock had previously closed at $13.15.

Himax Technologies Stock Up 10.7%

The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 74.08 and a beta of 2.26. The company has a quick ratio of 1.42, a current ratio of 1.62 and a debt-to-equity ratio of 0.02. The firm has a 50-day moving average of $17.43 and a two-hundred day moving average of $11.62.

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 the consensus estimate of $0.03 by $0.02. Himax Technologies had a return on equity of 3.57% and a net margin of 3.91%.The firm had revenue of $199.01 million during the quarter, compared to the consensus estimate of $195.01 million. During the same period in the prior year, the business earned $0.11 EPS. The business’s revenue for the quarter was down 7.5% on a year-over-year basis. Himax Technologies has set its Q2 2026 guidance at 0.086-0.103 EPS. As a group, sell-side analysts anticipate that Himax Technologies, Inc. will post 0.4 earnings per share for the current year.

Himax Technologies Cuts Dividend

The business 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 $0.252 dividend. This represents a yield of 164.0%. The ex-dividend date is Tuesday, June 30th. Himax Technologies’s dividend payout ratio is currently 120.00%.

Hedge Funds Weigh In On Himax Technologies

Several institutional investors and hedge funds have recently modified their holdings of HIMX. Triumph Capital Management acquired a new stake in Himax Technologies during the third quarter valued at $28,000. Advisory Services Network LLC acquired a new position in Himax Technologies in the 3rd quarter worth about $28,000. Ameriflex Group Inc. raised its stake in shares of Himax Technologies by 100.0% during the 3rd 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 in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Himax Technologies during the 4th quarter worth about $41,000. Finally, EFG International AG acquired a new stake in shares of Himax Technologies during the 4th quarter valued at about $41,000. 69.81% of the stock is currently owned by hedge funds and other institutional investors.

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.