Himax Technologies (HIMX)

• Market cap: $1.33B
• 1 day: 1.34%
• 5 days: -6.77%
• 1 month: 39.34%
• 3 months: 36.58%
• 6 months: -2.82%
• Year to date: 1.34%
• 1 year: 23.25%
• 5 years: 147.71%
• 10 years: -2.70%

About: Himax Technologies Inc is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The majority of the firm's revenue gets derived from the Driver Integrated Circuit segment. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices. It also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, and scaler products for monitors and projectors. Geographically, it generates the majority of its revenue from China.

Employees: 2,164

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.59% more ownership

Funds ownership: 7.69% [Q2] → 8.27% (+0.59%) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 45

4% less call options, than puts

Call options by funds: $4.45M | Put options by funds: $4.65M

10% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 21

3% less funds holding

Funds holding: 132 [Q2] → 128 (-4) [Q3]

27% less capital invested

Capital invested by funds: $213M [Q2] → $157M (-$56.5M) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $15 98% upside
• Avg. target: $15 98% upside
• High target: $15 98% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Baird Tristan Gerra 28% 1-year accuracy 7 / 25 met price target

98% upside $15

Outperform Maintained

13 Dec 2024