Renaissance Technologies LLC increased its position in shares of Himax Technologies, Inc. (NASDAQ:HIMX – Free Report) by 233.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 647,461 shares of the semiconductor company’s stock after buying an additional 453,200 shares during the quarter. Renaissance Technologies LLC’s holdings in Himax Technologies were worth $5,096,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HIMX. Royal Bank of Canada raised 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 worth $782,000 after buying an additional 3,811 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Himax Technologies by 127.6% in the first quarter. Goldman Sachs Group Inc. now owns 240,411 shares of the semiconductor company’s stock valued at $1,767,000 after buying an additional 134,799 shares during the period. Geode Capital Management LLC boosted its stake in Himax Technologies by 6.0% during the second quarter. Geode Capital Management LLC now owns 130,607 shares of the semiconductor company’s stock valued at $1,166,000 after buying an additional 7,434 shares in the last quarter. Cetera Investment Advisers acquired a new position in Himax Technologies during the second quarter worth about $90,000. Finally, Franklin Resources Inc. acquired a new position in Himax Technologies during the second quarter worth about $134,000. 69.81% of the stock is owned by institutional investors.
Himax Technologies News Summary
Here are the key news stories impacting Himax Technologies this week:
- Positive Sentiment: Q2 results exceeded company guidance: Revenue rose 14.2% sequentially to $227.4 million, ahead of the $223.0 million consensus estimate, while diluted EPS of $0.11 topped expectations of $0.10. Revenue increased 5.9% year over year. Himax Q2 Earnings Snapshot
- Positive Sentiment: Profitability improved: Gross margin reached 33.1%, above the approximately 32% target, helped by a favorable mix of higher-margin automotive products. After-tax profit increased to $19.9 million from $8.0 million in Q1 and $16.5 million a year earlier. Himax Second Quarter Results
- Positive Sentiment: Q3 outlook was stronger on revenue: Himax expects revenue to increase 7% to 11% sequentially to approximately $243.3 million-$252.4 million, above the $238.7 million analyst consensus. Gross margin is projected at about 34%. Himax Q2 Results and Q3 Guidance
- Positive Sentiment: Automotive momentum remains the key growth driver: Automotive IC sales grew at a double-digit sequential rate, represented more than half of Q2 revenue, and are expected to grow by double digits for full-year 2026. Investors also received longer-term catalysts from smart-glasses products using WiseEye technology and Co-Packaged Optics projects expected to contribute meaningfully beginning in 2027.
Himax Technologies Price Performance
Himax Technologies (NASDAQ:HIMX – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $227.37 million during the quarter, compared to analyst estimates of $222.99 million. Himax Technologies had a net margin of 3.91% and a return on equity of 3.57%. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.10 EPS. Himax Technologies has set its Q3 2026 guidance at 0.080-0.100 EPS. As a group, sell-side analysts anticipate that Himax Technologies, Inc. will post 0.4 EPS for the current fiscal year.
Himax Technologies 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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