Wellington Management Group LLP Takes Position in Himax Technologies, Inc. $HIMX

Key Points

• Wellington Management Group LLP invested approximately $3.36 million in Himax Technologies, acquiring 456,825 shares, which accounts for about 0.26% of the company's stock.
• Institutional ownership is strong, with 69.81% of Himax Technologies' stock held by institutional investors and hedge funds, including significant stakes from companies like Caitong International Asset Management and Russell Investments Group.
• Himax Technologies reported $0.10 earnings per share for the last quarter, meeting analysts' expectations, while revenue decreased by 10.4% year-over-year to $214.8 million.

Wellington Management Group LLP bought a new position in shares of Himax Technologies, Inc. (NASDAQ:HIMX - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 456,825 shares of the semiconductor company's stock, valued at approximately $3,358,000. Wellington Management Group LLP owned 0.26% of Himax Technologies as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd lifted its position in shares of Himax Technologies by 42,262.5% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 3,389 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 3,381 shares during the last quarter. Wealthquest Corp purchased a new stake in Himax Technologies during the 1st quarter worth about $27,000. JNBA Financial Advisors acquired a new position in shares of Himax Technologies during the 1st quarter worth about $33,000. Barclays PLC increased its holdings in shares of Himax Technologies by 38.8% in the 4th 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 last quarter. Finally, Waverly Advisors LLC acquired a new stake in shares of Himax Technologies during the 4th quarter worth about $83,000. 69.81% of the stock is owned by institutional investors and hedge funds.

Himax Technologies Price Performance

NASDAQ HIMX traded up $0.12 during mid-day trading on Wednesday, hitting $8.20. The stock had a trading volume of 496,536 shares, compared to its average volume of 2,264,161. The company has a quick ratio of 1.37, a current ratio of 1.54 and a debt-to-equity ratio of 0.03. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 19.51 and a beta of 2.30. The company has a 50 day simple moving average of $8.67 and a 200 day simple moving average of $8.40. 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 issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. Himax Technologies had a return on equity of 8.34% and a net margin of 8.34%.The business had revenue of $214.80 million for the quarter, compared to the consensus estimate of $212.00 million. During the same period in the prior year, the business earned $0.17 earnings per share. The business's revenue was down 10.4% on a year-over-year basis. Himax Technologies has set its Q3 2025 guidance at -0.040--0.020 EPS.

Wall Street Analyst Weigh In

Separately, Morgan Stanley assumed coverage on shares of Himax Technologies in a research report on Friday, May 9th. They issued an "overweight" rating and a $8.80 price target for the company. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $11.90.

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.