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Tower Semiconductor Ltd. $TSEM Shares Purchased by Vanguard Personalized Indexing Management LLC

Tower Semiconductor logo with Computer and Technology background

Key Points

  • Vanguard Personalized Indexing Management LLC increased its stake in Tower Semiconductor by 18.8%, acquiring an additional 3,704 shares, bringing its total holding to 23,442 shares valued at approximately $1,016,000.
  • Tower Semiconductor's earnings report showed an EPS of $0.41 for the last quarter, missing expectations, while revenue was reported at $372.06 million, marking a 6.0% year-over-year increase.
  • Analysts have set various price targets for Tower Semiconductor, with Barclays issues an "equal weight" rating and a target price of $74.00, while overall, the stock has an average rating of "Moderate Buy".
  • MarketBeat previews the top five stocks to own by November 1st.

Vanguard Personalized Indexing Management LLC boosted its position in Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) by 18.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,442 shares of the semiconductor company's stock after buying an additional 3,704 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Tower Semiconductor were worth $1,016,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. TCTC Holdings LLC raised its stake 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 valued at $25,000 after purchasing an additional 382 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Tower Semiconductor in the 1st quarter valued at about $39,000. Headlands Technologies LLC acquired a new stake in shares of Tower Semiconductor in the 1st quarter valued at about $75,000. Blue Trust Inc. raised its stake in shares of Tower Semiconductor by 14.8% in the 2nd quarter. Blue Trust Inc. now owns 1,764 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 227 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Tower Semiconductor in the 2nd quarter valued at about $228,000. Institutional investors and hedge funds own 70.51% of the company's stock.

Tower Semiconductor Price Performance

Shares of NASDAQ:TSEM opened at $73.76 on Monday. 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 $76.86. The firm has a 50-day simple moving average of $64.01 and a 200 day simple moving average of $49.07. The company has a market cap of $8.17 billion, a PE ratio of 42.39 and a beta of 0.87.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last posted its 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 firm had revenue of $372.06 million during the quarter, compared to the consensus estimate of $371.63 million. During the same quarter last year, the company posted $0.53 EPS. Tower Semiconductor's revenue for the quarter was up 6.0% on a year-over-year basis. Tower Semiconductor has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Tower Semiconductor Ltd. will post 1.67 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Barclays assumed coverage on shares of Tower Semiconductor in a research note on Thursday, September 18th. They issued an "equal weight" rating and a $74.00 target price on the stock. Susquehanna set a $66.00 target price on shares of Tower Semiconductor and gave the company a "positive" rating in a research note on Tuesday, August 5th. Benchmark upped their target price on shares of Tower Semiconductor from $66.00 to $73.00 and gave the company a "buy" rating in a research note on Monday, September 8th. Wedbush set a $65.00 target price on shares of Tower Semiconductor and gave the company an "outperform" rating in a research note on Tuesday, August 5th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Tower Semiconductor in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $67.60.

View Our Latest Stock Report on TSEM

About Tower Semiconductor

(Free Report)

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.

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Institutional Ownership by Quarter for Tower Semiconductor (NASDAQ:TSEM)

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