Fox Run Management L.L.C. Boosts Stock Holdings in Tower Semiconductor Ltd. $TSEM

Key Points

• Fox Run Management L.L.C. increased its stake in Tower Semiconductor Ltd. by 83.1% in the first quarter, owning a total of 28,284 shares valued at approximately $1,009,000.
• Several institutional investors have recently modified their holdings, with TCTC Holdings LLC increasing its position by 117.9%.
• Equities analysts have given Tower Semiconductor a consensus rating of "Moderate Buy" with a target price of $64.25, reflecting positive sentiment in the market despite a recent earnings miss.

Fox Run Management L.L.C. increased its position in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) by 83.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,284 shares of the semiconductor company's stock after purchasing an additional 12,836 shares during the period. Fox Run Management L.L.C.'s holdings in Tower Semiconductor were worth $1,009,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. PNC Financial Services Group Inc. grew its stake in shares of Tower Semiconductor by 4.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,700 shares of the semiconductor company's stock worth $310,000 after purchasing an additional 350 shares during the period. TCTC Holdings LLC grew its position in Tower Semiconductor by 117.9% during the first quarter. TCTC Holdings LLC now owns 706 shares of the semiconductor company's stock worth $25,000 after buying an additional 382 shares during the period. Nebula Research & Development LLC increased its stake in Tower Semiconductor by 4.2% in the 4th quarter. Nebula Research & Development LLC now owns 9,636 shares of the semiconductor company's stock valued at $496,000 after purchasing an additional 388 shares in the last quarter. Mariner LLC increased its stake in Tower Semiconductor by 6.7% in the 4th quarter. Mariner LLC now owns 8,485 shares of the semiconductor company's stock valued at $437,000 after purchasing an additional 533 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Tower Semiconductor by 5.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,577 shares of the semiconductor company's stock valued at $703,000 after purchasing an additional 643 shares in the last quarter. 70.51% of the stock is currently owned by hedge funds and other institutional investors.

Tower Semiconductor Trading Up 2.3%

Shares of TSEM stock traded up $1.11 during mid-day trading on Tuesday, hitting $50.32. 2,724,152 shares of the company's stock were exchanged, compared to its average volume of 743,086. The stock has a market cap of $5.58 billion, a price-to-earnings ratio of 28.92 and a beta of 0.77. The company has a quick ratio of 5.50, a current ratio of 6.57 and a debt-to-equity ratio of 0.05. Tower Semiconductor Ltd. has a fifty-two week low of $28.64 and a fifty-two week high of $55.31. The stock has a 50-day simple moving average of $45.34 and a two-hundred day simple moving average of $41.63.

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 business 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 firm's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.53 earnings per share. Tower Semiconductor has set its Q3 2025 guidance at EPS. Equities analysts expect that Tower Semiconductor Ltd. will post 1.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Susquehanna set a $66.00 price objective on Tower Semiconductor and gave the company a "positive" rating in a research note on Tuesday, August 5th. Benchmark reaffirmed a "buy" rating and issued a $66.00 price objective (up from $60.00) on shares of Tower Semiconductor in a research note on Monday, August 4th. Finally, Wedbush set a $65.00 price target on shares of Tower Semiconductor and gave the company an "outperform" rating in a research report on Tuesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Tower Semiconductor currently has an average rating of "Buy" and an average target price of $64.25.

About Tower Semiconductor

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.