Parallax Volatility Advisers L.P. Makes New $330,000 Investment in Himax Technologies, Inc. $HIMX

Key Points

• Parallax Volatility Advisers L.P. acquired 44,946 shares of Himax Technologies, valued at approximately $330,000, indicating increased institutional interest in the semiconductor company.
• Himax Technologies reported a 10.4% year-over-year revenue decline despite meeting EPS estimates of $0.10 for the last quarter, with revenue of $214.80 million.
• The company's current stock price is $8.39, with a 52-week low of $5.12 and a high of $13.91, reflecting significant volatility in its stock performance.

Parallax Volatility Advisers L.P. purchased a new stake in shares of Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,946 shares of the semiconductor company's stock, valued at approximately $330,000.

Other hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its holdings in Himax Technologies by 42,262.5% during the first quarter. Caitong International Asset Management Co. Ltd now owns 3,389 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 3,381 shares during the period. Wealthquest Corp bought a new stake in Himax Technologies during the first quarter valued at about $27,000. Barclays PLC boosted its holdings in Himax Technologies by 38.8% during the fourth quarter. Barclays PLC now owns 4,248 shares of the semiconductor company's stock valued at $34,000 after acquiring an additional 1,187 shares during the period. JNBA Financial Advisors bought a new stake in Himax Technologies during the first quarter valued at about $33,000. Finally, Waverly Advisors LLC bought a new stake in Himax Technologies during the fourth quarter valued at about $83,000. 69.81% of the stock is currently owned by institutional investors.

Himax Technologies Stock Performance

HIMX stock traded down $0.06 during mid-day trading on Friday, reaching $8.27. 606,436 shares of the stock traded hands, compared to its average volume of 1,079,946. The company has a quick ratio of 1.37, a current ratio of 1.54 and a debt-to-equity ratio of 0.03. Himax Technologies, Inc. has a 52 week low of $5.12 and a 52 week high of $13.91. The business has a 50-day moving average of $8.53 and a two-hundred day moving average of $8.27. The firm has a market capitalization of $1.45 billion, a PE ratio of 19.69 and a beta of 2.30.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.10. Himax Technologies had a net margin of 8.34% and a return on equity of 8.34%. The company had revenue of $214.80 million during the quarter, compared to analysts' expectations of $212.00 million. During the same period in the prior year, the company earned $0.17 earnings per share. The business's quarterly revenue was down 10.4% compared to the same quarter last year. Himax Technologies has set its Q3 2025 guidance at -0.040--0.020 EPS.

Himax Technologies Company Profile

Himax Technologies, Inc, a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates in two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, and other products.