Jump Financial LLC Invests $1.08 Million in Tower Semiconductor Ltd. $TSEM

Key Points

• Jump Financial LLC has acquired 30,350 shares of Tower Semiconductor Ltd. (NASDAQ:TSEM), valued at approximately $1,082,000, marking a new position for the firm.
• An analysts' consensus rating of "Buy" with an average price target of $64.25 has been established for Tower Semiconductor, with several firms including Benchmark and Susquehanna issuing target prices of $66.00.
• Despite reporting a quarterly EPS of $0.41, which missed estimates, Tower Semiconductor's revenue increased by 6.0% year-over-year, totaling $372.06 million.

Jump Financial LLC purchased a new stake in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 30,350 shares of the semiconductor company's stock, valued at approximately $1,082,000.

Other institutional investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. purchased a new position in Tower Semiconductor during the 1st quarter valued at approximately $551,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Tower Semiconductor by 8.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,715 shares of the semiconductor company's stock worth $525,000 after purchasing an additional 1,138 shares during the period. Squarepoint Ops LLC purchased a new position in shares of Tower Semiconductor in the 4th quarter worth approximately $247,000. Fifth Third Bancorp boosted its holdings in shares of Tower Semiconductor by 18.0% in the 1st quarter. Fifth Third Bancorp now owns 9,885 shares of the semiconductor company's stock worth $352,000 after purchasing an additional 1,509 shares during the period. Finally, Cetera Investment Advisers purchased a new position in shares of Tower Semiconductor in the 4th quarter worth approximately $249,000. Hedge funds and other institutional investors own 70.51% of the company's stock.

Tower Semiconductor Stock Down 3.3%

NASDAQ TSEM traded down $1.98 on Monday, reaching $58.82. 1,696,844 shares of the stock traded hands, compared to its average volume of 1,509,927. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57. The company has a fifty day moving average price of $48.36 and a 200-day moving average price of $42.11. The company has a market cap of $6.52 billion, a price-to-earnings ratio of 33.80 and a beta of 0.86. Tower Semiconductor Ltd. has a 12 month low of $28.64 and a 12 month high of $61.64.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.06). Tower Semiconductor had a return on equity of 7.37% and a net margin of 13.20%.The company had revenue of $372.06 million during the quarter, compared to the consensus estimate of $371.63 million. During the same period in the previous year, the firm posted $0.53 earnings per share. The company's revenue was up 6.0% on a year-over-year basis. Tower Semiconductor has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Tower Semiconductor Ltd. will post 1.67 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TSEM. Susquehanna set a $66.00 target price on Tower Semiconductor and gave the stock a "positive" rating in a report on Tuesday, August 5th. Benchmark reiterated a "buy" rating and issued a $66.00 target price (up previously from $60.00) on shares of Tower Semiconductor in a report on Monday, August 4th. Finally, Wedbush set a $65.00 target price on Tower Semiconductor and gave the stock an "outperform" rating in a report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $64.25.

Tower Semiconductor Profile

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.