William Blair Investment Management LLC Sells 83,124 Shares of Tower Semiconductor Ltd. $TSEM

William Blair Investment Management LLC decreased its position in shares of Tower Semiconductor Ltd. (NASDAQ:TSEM) by 9.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 753,004 shares of the semiconductor company’s stock after selling 83,124 shares during the quarter. William Blair Investment Management LLC owned about 0.68% of Tower Semiconductor worth $32,643,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Personalized Indexing Management LLC boosted its stake in Tower Semiconductor by 18.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 23,442 shares of the semiconductor company’s stock worth $1,016,000 after acquiring an additional 3,704 shares during the last quarter. Blue Trust Inc. boosted its stake in Tower Semiconductor by 14.8% during the 2nd quarter. Blue Trust Inc. now owns 1,764 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 227 shares during the last quarter. Callan Family Office LLC boosted its stake in Tower Semiconductor by 27.9% during the 2nd quarter. Callan Family Office LLC now owns 8,013 shares of the semiconductor company’s stock worth $347,000 after acquiring an additional 1,749 shares during the last quarter. Tectonic Advisors LLC boosted its stake in Tower Semiconductor by 17.2% during the 2nd quarter. Tectonic Advisors LLC now owns 26,396 shares of the semiconductor company’s stock worth $1,144,000 after acquiring an additional 3,883 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its stake in Tower Semiconductor by 1.0% during the 2nd quarter. Meitav Investment House Ltd. now owns 2,242,514 shares of the semiconductor company’s stock worth $97,247,000 after acquiring an additional 22,873 shares during the last quarter. Institutional investors own 70.51% of the company’s stock.

Tower Semiconductor Stock Performance

Shares of TSEM opened at $73.76 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57. Tower Semiconductor Ltd. has a twelve month low of $28.64 and a twelve month high of $76.86. The firm’s 50 day moving average price is $64.01 and its two-hundred day moving average price is $48.95. The firm 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 data on Monday, August 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 quarter last year, the business earned $0.53 earnings per share. 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, analysts forecast that Tower Semiconductor Ltd. will post 1.67 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Tower Semiconductor in a research note on Wednesday, October 8th. Barclays started coverage on shares of Tower Semiconductor in a research note on Thursday, September 18th. They set an “equal weight” rating and a $74.00 price objective on the stock. Wedbush set a $65.00 price target on shares of Tower Semiconductor and gave the company an “outperform” rating in a research note on Tuesday, August 5th. Benchmark lifted their price target 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. Finally, Susquehanna set a $66.00 price target on shares of Tower Semiconductor and gave the company a “positive” rating in a research note on Tuesday, August 5th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.60.

Tower Semiconductor Profile

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.