Himax Technologies, Inc. (NASDAQ:HIMX) Short Interest Up 70.3% in March

Key Points

• Short interest up 70.3% — short interest rose to 5,265,616 shares as of March 13 (about 4.4% of shares), with a days-to-cover of 0.8.
• High institutional ownership — hedge funds and institutions own 69.81% of HIMX, and several (notably Handelsbanken, Lazard, Robeco, State Street, Mitsubishi UFJ) increased their stakes, with Handelsbanken boosting holdings by 95.7%.
• Analyst consensus: Hold ($8 target) — three analysts rate the stock a Hold with an average $8 target; shares trade near $8.09 after a quarter that met EPS of $0.04 but saw revenue down 14.4% YoY and Q1 2026 EPS guidance of $0.02–$0.04.

Himax Technologies, Inc. (NASDAQ:HIMX - Get Free Report) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 5,265,616 shares, a growth of 70.3% from the February 26th total of 3,092,747 shares. Approximately 4.4% of the shares of the stock are sold short. Based on an average daily volume of 6,354,628 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Himax Technologies

A number of hedge funds have recently modified their holdings of HIMX. Lazard Asset Management LLC lifted its position in shares of Himax Technologies by 9.4% during the fourth quarter. Lazard Asset Management LLC now owns 5,718,698 shares of the semiconductor company's stock worth $46,836,000 after purchasing an additional 489,903 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Himax Technologies by 3.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,400,014 shares of the semiconductor company's stock valued at $36,036,000 after purchasing an additional 165,508 shares in the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Himax Technologies by 95.7% in the fourth quarter. Handelsbanken Fonder AB now owns 3,429,263 shares of the semiconductor company's stock valued at $28,086,000 after purchasing an additional 1,676,831 shares in the last quarter. State Street Corp increased its stake in Himax Technologies by 9.6% during the 4th quarter. State Street Corp now owns 1,600,126 shares of the semiconductor company's stock worth $13,105,000 after buying an additional 139,703 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Himax Technologies by 24.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 825,971 shares of the semiconductor company's stock worth $7,046,000 after buying an additional 162,809 shares during the period. 69.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on HIMX shares. Morgan Stanley reaffirmed an "equal weight" rating and set a $8.00 price objective on shares of Himax Technologies in a report on Wednesday, February 4th. Wall Street Zen upgraded shares of Himax Technologies from a "sell" rating to a "hold" rating in a research report on Saturday, March 7th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Himax Technologies in a research note on Thursday, January 22nd. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $8.00.

Himax Technologies Price Performance

NASDAQ HIMX traded down $0.26 during trading hours on Friday, hitting $8.09. 1,591,777 shares of the company's stock traded hands, compared to its average volume of 2,405,664. The company has a market capitalization of $1.42 billion, a PE ratio of 31.60 and a beta of 1.83. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.58 and a quick ratio of 1.39. Himax Technologies has a 52-week low of $5.66 and a 52-week high of $12.00. The firm's 50-day moving average is $8.18 and its 200-day moving average is $8.36.

Himax Technologies (NASDAQ:HIMX - Get Free Report) last issued its earnings results on Thursday, February 12th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04. Himax Technologies had a return on equity of 4.92% and a net margin of 5.28%.The company had revenue of $203.08 million during the quarter, compared to analysts' expectations of $199.16 million. During the same period in the prior year, the business earned $0.14 EPS. The firm's quarterly revenue was down 14.4% on a year-over-year basis. Himax Technologies has set its Q1 2026 guidance at 0.020-0.040 EPS.

Himax Technologies Company Profile

Himax Technologies, Inc NASDAQ: HIMX is a fabless semiconductor company specializing in display imaging technologies. The company designs and develops a comprehensive portfolio of display driver integrated circuits (DDICs), timing controllers, and other high-speed interface chips that enable high-resolution panels for a wide array of electronic devices. Himax's solutions are tailored to support both LCD and OLED displays, ensuring compatibility with television sets, desktop monitors, laptops, tablets, smartphones and wearable devices.

In addition to core display driver products, Himax offers wafer-level optics and liquid crystal on silicon (LCOS) microdisplay solutions for applications in augmented reality (AR) and virtual reality (VR) headsets.

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