William Blair Investment Management LLC Has $32.64 Million Holdings in Tower Semiconductor Ltd. $TSEM

William Blair Investment Management LLC cut its holdings in Tower Semiconductor Ltd. (NASDAQ:TSEM) by 9.9% during the second quarter, Holdings Channel.com reports. The firm owned 753,004 shares of the semiconductor company’s stock after selling 83,124 shares during the quarter. William Blair Investment Management LLC’s holdings in Tower Semiconductor were worth $32,643,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management bought a new stake in Tower Semiconductor during the first quarter worth about $33,211,000. Menora Mivtachim Holdings LTD. lifted its position in Tower Semiconductor by 39.7% during the first quarter. Menora Mivtachim Holdings LTD. now owns 1,879,207 shares of the semiconductor company’s stock worth $67,013,000 after purchasing an additional 533,700 shares during the period. Voya Investment Management LLC lifted its position in Tower Semiconductor by 45.1% during the first quarter. Voya Investment Management LLC now owns 918,068 shares of the semiconductor company’s stock worth $32,738,000 after purchasing an additional 285,471 shares during the period. Invesco Ltd. lifted its position in Tower Semiconductor by 14.2% during the first quarter. Invesco Ltd. now owns 2,010,856 shares of the semiconductor company’s stock worth $71,707,000 after purchasing an additional 249,621 shares during the period. Finally, Wellington Management Group LLP lifted its position in Tower Semiconductor by 12.2% during the first quarter. Wellington Management Group LLP now owns 2,240,229 shares of the semiconductor company’s stock worth $79,887,000 after purchasing an additional 243,267 shares during the period. 70.51% of the stock is currently owned by institutional investors and hedge funds.

Tower Semiconductor Stock Performance

NASDAQ TSEM opened at $73.76 on Friday. The company has a fifty day simple moving average of $64.01 and a 200 day simple moving average of $48.95. Tower Semiconductor Ltd. has a 12-month low of $28.64 and a 12-month high of $76.86. The company has a current ratio of 6.57, a quick ratio of 5.50 and a debt-to-equity ratio of 0.05. The company has a market cap of $8.17 billion, a P/E ratio of 42.39 and a beta of 0.87.

Tower Semiconductor (NASDAQ:TSEM) last posted its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.06). Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The business had revenue of $372.06 million during the quarter, compared to analyst estimates of $371.63 million. During the same period in the previous year, the business posted $0.53 EPS. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. Tower Semiconductor has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Tower Semiconductor Ltd. will post 1.67 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on TSEM shares. Barclays started coverage on shares of Tower Semiconductor in a research report on Thursday, September 18th. They set an “equal weight” rating and a $74.00 price objective for the company. Benchmark raised their price objective on shares of Tower Semiconductor from $66.00 to $73.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. Susquehanna set a $66.00 price objective on shares of Tower Semiconductor and gave the stock a “positive” rating in a research report on Tuesday, August 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Tower Semiconductor in a research report on Wednesday, October 8th. Finally, Wedbush set a $65.00 price objective on shares of Tower Semiconductor and gave the stock an “outperform” rating in a research report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Tower Semiconductor has a consensus rating of “Moderate Buy” and an average price target of $67.60.

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.