Parallax Volatility Advisers L.P. Invests $330,000 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 position in shares of Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) in the 1st quarter, according to its most recent 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.

A number of other large investors also recently modified their holdings of the company. Aprio Wealth Management LLC lifted its stake in shares of Himax Technologies by 93.9% in the 1st quarter. Aprio Wealth Management LLC now owns 19,864 shares of the semiconductor company's stock valued at $146,000 after acquiring an additional 9,621 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Himax Technologies by 3.7% in the 1st quarter. Royal Bank of Canada now owns 106,503 shares of the semiconductor company's stock valued at $782,000 after acquiring an additional 3,811 shares during the last quarter. Nomura Holdings Inc. bought a new position in shares of Himax Technologies in the 1st quarter valued at $220,000. Vident Advisory LLC lifted its stake in shares of Himax Technologies by 13.0% in the 1st quarter. Vident Advisory LLC now owns 127,432 shares of the semiconductor company's stock valued at $937,000 after acquiring an additional 14,614 shares during the last quarter. Finally, Credit Agricole S A bought a new position in shares of Himax Technologies in the 1st quarter valued at $588,000. 69.81% of the stock is currently owned by institutional investors.

Himax Technologies Price Performance

Shares of HIMX traded down $0.03 during trading hours on Friday, reaching $8.30. The stock had a trading volume of 422,470 shares, compared to its average volume of 2,202,325. The stock has a market capitalization of $1.45 billion, a PE ratio of 19.75 and a beta of 2.30. The company's 50-day moving average is $8.55 and its two-hundred day moving average is $8.29. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.37 and a current ratio of 1.54. Himax Technologies, Inc. has a 12 month low of $5.12 and a 12 month high of $13.91.

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

About Himax Technologies

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.