Acadian Asset Management LLC Buys 156,255 Shares of Himax Technologies, Inc. $HIMX

Key Points

• Acadian Asset Management acquired an additional 156,255 shares of Himax Technologies, increasing its holdings by 2.4% to a total of 6,745,661 shares, valued at approximately $49.5 million.
• Himax Technologies reported $0.10 earnings per share for the last quarter, in line with analysts' expectations, while revenue was $214.80 million, slightly exceeding forecasts.
• The stock of Himax Technologies is currently trading at $8.46, with a market cap of $1.48 billion and a 1-year price range between $5.12 and $13.91.

Acadian Asset Management LLC raised its position in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 2.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 6,745,661 shares of the semiconductor company's stock after acquiring an additional 156,255 shares during the period. Acadian Asset Management LLC owned approximately 3.86% of Himax Technologies worth $49,533,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC grew its stake in Himax Technologies by 38.8% in 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. QRG Capital Management Inc. boosted its position in shares of Himax Technologies by 9.5% during the first quarter. QRG Capital Management Inc. now owns 22,806 shares of the semiconductor company's stock valued at $168,000 after buying an additional 1,988 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Himax Technologies by 20.9% during the first quarter. GAMMA Investing LLC now owns 12,444 shares of the semiconductor company's stock valued at $91,000 after buying an additional 2,154 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Himax Technologies by 16.2% during the first quarter. Bank of New York Mellon Corp now owns 16,839 shares of the semiconductor company's stock valued at $124,000 after buying an additional 2,348 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in Himax Technologies by 19.3% during the fourth quarter. Northern Trust Corp now owns 17,439 shares of the semiconductor company's stock worth $140,000 after acquiring an additional 2,823 shares during the period. Institutional investors and hedge funds own 69.81% of the company's stock.

Himax Technologies Stock Performance

NASDAQ:HIMX traded down $0.14 during trading on Tuesday, reaching $8.17. The company's stock had a trading volume of 386,365 shares, compared to its average volume of 2,184,561. Himax Technologies, Inc. has a 12 month low of $5.12 and a 12 month high of $13.91. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 19.44 and a beta of 2.30. The firm has a 50 day moving average of $8.51 and a 200-day moving average of $8.25. 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 (NASDAQ:HIMX - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.10 earnings per share for the quarter, hitting analysts' consensus estimates of $0.10. The company had revenue of $214.80 million for the quarter, compared to the consensus estimate of $212.00 million. Himax Technologies had a net margin of 8.34% and a return on equity of 8.34%. The firm's quarterly revenue was down 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.17 EPS. 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.