The Manufacturers Life Insurance Company Sells 102,376 Shares of Tower Semiconductor Ltd. $TSEM

The Manufacturers Life Insurance Company reduced its stake in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM) by 67.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 50,129 shares of the semiconductor company’s stock after selling 102,376 shares during the period. The Manufacturers Life Insurance Company’s holdings in Tower Semiconductor were worth $8,552,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. CIBC Private Wealth Group LLC raised its stake in Tower Semiconductor by 254.2% in the third quarter. CIBC Private Wealth Group LLC now owns 418 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 300 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Tower Semiconductor during the third quarter worth about $48,000. Kestra Advisory Services LLC acquired a new stake in Tower Semiconductor during the fourth quarter worth about $52,000. Hanson & Doremus Investment Management bought a new position in Tower Semiconductor in the 1st quarter valued at about $53,000. Finally, SBI Securities Co. Ltd. increased its holdings in Tower Semiconductor by 344.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 520 shares of the semiconductor company’s stock valued at $61,000 after buying an additional 403 shares during the period. Institutional investors own 70.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Benchmark restated a “buy” rating on shares of Tower Semiconductor in a research report on Wednesday, July 15th. UBS Group reissued a “buy” rating on shares of Tower Semiconductor in a research note on Wednesday, July 15th. Wedbush boosted their price objective on shares of Tower Semiconductor from $140.00 to $300.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Finally, Susquehanna boosted their price objective on shares of Tower Semiconductor from $180.00 to $330.00 and gave the company a “positive” rating in a research report on Thursday, May 14th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Tower Semiconductor currently has an average rating of “Moderate Buy” and an average price target of $276.75.

Tower Semiconductor Stock Performance

Tower Semiconductor stock opened at $239.53 on Wednesday. Tower Semiconductor Ltd. has a 12-month low of $45.51 and a 12-month high of $319.94. The company has a quick ratio of 4.92, a current ratio of 5.63 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average price is $247.23 and its two-hundred day moving average price is $199.20. The stock has a market cap of $26.94 billion, a PE ratio of 111.41 and a beta of 0.90.

More Tower Semiconductor News

Here are the key news stories impacting Tower Semiconductor this week:

• Positive Sentiment: Record Q2 performance: Tower reported record quarterly revenue and profitability. Reported EPS was $0.79, above the $0.76 consensus estimate, while adjusted EPS was cited at $0.88 versus an expected $0.67. Revenue rose 23.7% year over year, reflecting improving demand across key business units. Tower Semiconductor tops second quarter earnings and revenue expectations
• Positive Sentiment: Strong Q3 outlook: Management guided for third-quarter revenue of approximately $494 million to $546 million, above the roughly $490 million analyst consensus. The guidance points to another record revenue quarter and supports expectations for continued momentum. Why Tower Semiconductor Stock Is Surging Today
• Positive Sentiment: Capacity expansion supports growth: Tower is ramping silicon-photonics capacity ahead of its results, potentially positioning the company to capture demand from high-speed data-center and communications applications. Tower Semiconductor ramps up SiPho capacity
• Neutral Sentiment: Investor focus shifts to execution: The earnings call highlighted the outlook for demand, capacity utilization, and the pace of growth in specialty technologies. Tower Semiconductor Q2 2026 Earnings Call Transcript
• Negative Sentiment: High expectations remain a risk: Despite the operational momentum, Tower’s elevated valuation leaves the stock vulnerable if future results, margins, or guidance fail to maintain the current growth rate.

Tower Semiconductor Profile

Tower Semiconductor, traded on NASDAQ under the symbol TSEM, is a specialty foundry company that provides analog and mixed-signal semiconductor manufacturing services to a broad array of customers worldwide. The company focuses on delivering tailored process technologies for high-growth markets, including radio frequency (RF), power management, imaging, automotive electronics, and Internet of Things (IoT) applications. By combining deep process know-how with flexible manufacturing capabilities, Tower Semiconductor supports the development and volume production of advanced semiconductor devices for fabless and integrated device manufacturer customers.

The company’s technology portfolio spans standard and specialty processes such as CMOS, BiCMOS, high-voltage, radio frequency, silicon photonics, micro-electromechanical systems (MEMS) and image sensor production.