Y.D. More Investments Ltd Acquires 30,608 Shares of Tower Semiconductor Ltd. $TSEM

Y.D. More Investments Ltd grew its holdings in Tower Semiconductor Ltd. (NASDAQ:TSEMFree Report) by 3.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 899,905 shares of the semiconductor company’s stock after purchasing an additional 30,608 shares during the quarter. Tower Semiconductor comprises approximately 2.7% of Y.D. More Investments Ltd’s holdings, making the stock its 8th largest position. Y.D. More Investments Ltd’s holdings in Tower Semiconductor were worth $39,017,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. TCTC Holdings LLC raised its holdings in 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 buying an additional 382 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Tower Semiconductor during the first quarter valued at $39,000. Headlands Technologies LLC bought a new stake in shares of Tower Semiconductor in the first quarter worth $75,000. Blue Trust Inc. increased its holdings in Tower Semiconductor by 14.8% in the second 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 during the period. Finally, Janney Montgomery Scott LLC bought a new position in Tower Semiconductor during the 2nd quarter worth $228,000. 70.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TSEM has been the topic of a number of analyst reports. Wedbush upped their price target on Tower Semiconductor from $85.00 to $125.00 and gave the company an “outperform” rating in a research report on Tuesday, November 11th. Barclays upped their target price on Tower Semiconductor from $74.00 to $97.00 and gave the company an “equal weight” rating in a report on Tuesday. Susquehanna raised their price target on shares of Tower Semiconductor from $100.00 to $135.00 and gave the stock a “positive” rating in a report on Tuesday, November 11th. Benchmark boosted their target price on shares of Tower Semiconductor from $73.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Tower Semiconductor in a report on Thursday. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $119.25.

Check Out Our Latest Analysis on TSEM

Tower Semiconductor Price Performance

Shares of TSEM opened at $99.26 on Friday. The stock has a market cap of $11.00 billion, a P/E ratio of 57.05 and a beta of 0.94. The business’s fifty day moving average is $76.37 and its 200 day moving average is $56.21. 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 12-month low of $28.64 and a 12-month high of $106.74.

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

Tower Semiconductor 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.

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

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