SG Americas Securities LLC Makes New $1.15 Million Investment in Tower Semiconductor Ltd. $TSEM

SG Americas Securities LLC purchased a new stake in Tower Semiconductor Ltd. (NASDAQ:TSEMFree Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 26,495 shares of the semiconductor company’s stock, valued at approximately $1,149,000.

A number of other large investors also recently made changes to their positions in TSEM. TCTC Holdings LLC grew its position in shares of Tower Semiconductor by 117.9% in the first quarter. TCTC Holdings LLC now owns 706 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 382 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Tower Semiconductor in the 1st quarter worth about $39,000. Blue Trust Inc. grew its holdings in 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 buying an additional 227 shares during the period. Headlands Technologies LLC acquired a new position in shares of Tower Semiconductor during the 1st quarter valued at about $75,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Tower Semiconductor during the 2nd quarter valued at about $228,000. Hedge funds and other institutional investors own 70.51% of the company’s stock.

Tower Semiconductor Stock Up 2.2%

Shares of NASDAQ TSEM opened at $93.65 on Friday. The stock has a fifty day moving average price of $79.31 and a 200 day moving average price of $58.11. 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 12-month low of $28.64 and a 12-month high of $106.74. The company has a market cap of $10.38 billion, a P/E ratio of 53.82 and a beta of 0.94.

Tower Semiconductor (NASDAQ:TSEMGet Free Report) last issued its earnings results on Monday, November 10th. The semiconductor company reported $0.55 earnings per share for the quarter, hitting the consensus estimate of $0.55. Tower Semiconductor had a return on equity of 7.37% and a net margin of 13.20%.The company had revenue of $395.67 million during the quarter, compared to the consensus estimate of $394.98 million. During the same quarter in the prior year, the business earned $0.57 earnings per share. The company’s revenue was up 6.9% compared to the same quarter last year. Tower Semiconductor has set its Q4 2025 guidance at EPS. Research analysts anticipate that Tower Semiconductor Ltd. will post 1.67 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on TSEM. Weiss Ratings reissued a “hold (c-)” rating on shares of Tower Semiconductor in a research report on Thursday, November 13th. Barclays increased their price target on shares of Tower Semiconductor from $74.00 to $97.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 11th. Wedbush boosted their price objective on shares of Tower Semiconductor from $85.00 to $125.00 and gave the company an “outperform” rating in a research note on Tuesday, November 11th. Benchmark increased their target price on Tower Semiconductor from $73.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Finally, Susquehanna lifted their target price on Tower Semiconductor from $100.00 to $135.00 and gave the company a “positive” rating in a report on Tuesday, November 11th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $119.25.

Read Our Latest Analysis on Tower Semiconductor

Tower Semiconductor Company Profile

(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.

See Also

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

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