Public Employees Retirement System of Ohio Reduces Stake in Himax Technologies, Inc. $HIMX

Key Points

• The Public Employees Retirement System of Ohio reduced its stake in Himax Technologies by 14.8%, now holding 295,789 shares worth approximately $2.64 million.
• Himax Technologies reported quarterly earnings of $0.10 EPS, meeting analysts' expectations, but experienced a 10.4% decline in revenue compared to the previous year.
• The company has a market capitalization of $1.51 billion, with a current stock price of $8.64, reflecting a 2.2% decline in trading.

Public Employees Retirement System of Ohio lowered its holdings in Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) by 14.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 295,789 shares of the semiconductor company's stock after selling 51,386 shares during the quarter. Public Employees Retirement System of Ohio owned about 0.17% of Himax Technologies worth $2,641,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its holdings in shares of Himax Technologies by 42,262.5% in the 1st 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 last quarter. Wealthquest Corp purchased a new position in shares of Himax Technologies in the 1st quarter valued at about $27,000. JNBA Financial Advisors purchased a new position in shares of Himax Technologies in the 1st quarter valued at about $33,000. GAMMA Investing LLC increased its holdings in shares of Himax Technologies by 20.9% in the 1st quarter. GAMMA Investing LLC now owns 12,444 shares of the semiconductor company's stock valued at $91,000 after acquiring an additional 2,154 shares during the last quarter. Finally, Kraematon Investment Advisors Inc. acquired a new stake in shares of Himax Technologies in the 1st quarter valued at about $102,000. Hedge funds and other institutional investors own 69.81% of the company's stock.

Himax Technologies Trading Down 2.2%

NASDAQ:HIMX opened at $8.64 on Thursday. The stock's 50 day moving average price is $8.31 and its 200 day moving average price is $8.22. The company has a market capitalization of $1.51 billion, a PE ratio of 20.57 and a beta of 2.31. 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.

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, hitting analysts' consensus estimates of $0.10. The firm had revenue of $214.80 million for the quarter, compared to the consensus estimate of $212.00 million. Himax Technologies had a return on equity of 8.34% and a net margin of 8.34%.The firm's quarterly revenue was down 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 EPS. Himax Technologies has set its Q3 2025 guidance at -0.040--0.020 EPS.

Himax Technologies 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.

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