Quantbot Technologies LP Makes New Investment in Tower Semiconductor Ltd. $TSEM

Key Points

• Quantbot Technologies LP purchased 58,699 shares of Tower Semiconductor, valued at approximately $2.1 million, marking a new position for the firm.
• Hedge funds and institutional investors collectively own 70.51% of Tower Semiconductor, indicating strong institutional interest in the company.
• Tower Semiconductor reported $0.41 EPS for the last quarter, missing the analysts' expectations of $0.47 by $0.06, while revenue was slightly above expectations at $372.06 million.

Quantbot Technologies LP purchased a new position in Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 58,699 shares of the semiconductor company's stock, valued at approximately $2,093,000. Quantbot Technologies LP owned approximately 0.05% of Tower Semiconductor at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in TSEM. TCTC Holdings LLC raised its position in shares of Tower Semiconductor by 117.9% in the 1st quarter. TCTC Holdings LLC now owns 706 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 382 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Tower Semiconductor during the 1st quarter valued at about $39,000. Headlands Technologies LLC acquired a new position in Tower Semiconductor during the 1st quarter valued at about $75,000. Caption Management LLC acquired a new position in Tower Semiconductor during the 4th quarter valued at about $155,000. Finally, Squarepoint Ops LLC acquired a new position in Tower Semiconductor during the 4th quarter valued at about $247,000. 70.51% of the stock is owned by institutional investors.

Tower Semiconductor Price Performance

TSEM traded up $0.74 during trading on Wednesday, hitting $60.74. The company's stock had a trading volume of 694,426 shares, compared to its average volume of 782,375. The company has a current ratio of 6.57, a quick ratio of 5.50 and a debt-to-equity ratio of 0.05. Tower Semiconductor Ltd. has a twelve month low of $28.64 and a twelve month high of $60.88. The business's fifty day simple moving average is $46.80 and its 200 day simple moving average is $41.80. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 34.82 and a beta of 0.77.

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TSEM shares. Susquehanna set a $66.00 target price on Tower Semiconductor and gave the company a "positive" rating in a research report on Tuesday, August 5th. Wedbush set a $65.00 target price on Tower Semiconductor and gave the company an "outperform" rating in a research report on Tuesday, August 5th. Finally, Benchmark reaffirmed a "buy" rating and set a $66.00 target price (up from $60.00) on shares of Tower Semiconductor in a research report on Monday, August 4th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target 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.