Himax Technologies, Inc. $HIMX Shares Sold by Redwood Wealth Management Group LLC

Redwood Wealth Management Group LLC cut its holdings in Himax Technologies, Inc. (NASDAQ:HIMX) by 8.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,960 shares of the semiconductor company’s stock after selling 6,700 shares during the period. Redwood Wealth Management Group LLC’s holdings in Himax Technologies were worth $652,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of Himax Technologies by 11.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 275,829 shares of the semiconductor company’s stock valued at $2,463,000 after purchasing an additional 28,144 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Himax Technologies in the 2nd quarter valued at about $55,000. Allianz Asset Management GmbH lifted its holdings in shares of Himax Technologies by 11.0% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,296,538 shares of the semiconductor company’s stock valued at $11,578,000 after purchasing an additional 128,383 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Himax Technologies by 39.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 17,149 shares of the semiconductor company’s stock valued at $153,000 after purchasing an additional 4,862 shares during the last quarter. Finally, Inspire Investing LLC purchased a new stake in shares of Himax Technologies in the 2nd quarter valued at about $827,000. 69.81% of the stock is owned by hedge funds and other institutional investors.

Himax Technologies Stock Performance

Shares of HIMX stock opened at $9.42 on Friday. The stock has a market capitalization of $1.65 billion, a PE ratio of 22.43 and a beta of 2.31. Himax Technologies, Inc. has a 52-week low of $5.12 and a 52-week high of $13.91. The stock’s 50-day moving average price is $8.74 and its 200 day moving average price is $8.50. 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 (NASDAQ:HIMX) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. The firm had revenue of $214.80 million for the quarter, compared to analysts’ expectations of $212.00 million. Himax Technologies had a return on equity of 8.34% and a net margin of 8.34%.The firm’s revenue for the quarter was down 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.17 EPS. Himax Technologies has set its Q3 2025 guidance at -0.040–0.020 EPS.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Himax Technologies in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Himax Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $11.90.

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.