Mesirow Financial Investment Management Inc. Purchases Shares of 1,885 Tower Semiconductor Ltd. $TSEM

Mesirow Financial Investment Management Inc. purchased a new stake in Tower Semiconductor Ltd. (NASDAQ:TSEM) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,885 shares of the semiconductor company’s stock, valued at approximately $221,000.

Other large investors have also recently bought and sold shares of the company. USA Financial Formulas bought a new stake in Tower Semiconductor in the fourth quarter valued at $27,000. CIBC Private Wealth Group LLC grew its position 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 acquiring an additional 300 shares during the period. Westside Investment Management Inc. grew its position in Tower Semiconductor by 100.0% in the third quarter. Westside Investment Management Inc. now owns 452 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 226 shares during the period. SBI Securities Co. Ltd. grew its position in Tower Semiconductor by 344.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 520 shares of the semiconductor company’s stock valued at $61,000 after acquiring an additional 403 shares during the period. Finally, CoreCap Advisors LLC bought a new stake in Tower Semiconductor in the fourth quarter valued at $68,000. 70.51% of the stock is currently owned by institutional investors.

Key Headlines Impacting Tower Semiconductor

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

• Positive Sentiment: Tower Semiconductor announced $1.3 billion in silicon photonics contracts for 2027, along with $290 million in customer prepayments, signaling major revenue visibility and strong demand for its advanced manufacturing capabilities. Article Title
• Positive Sentiment: The company’s first-quarter results beat expectations, with EPS of $0.65 versus $0.56 expected and revenue of $413.6 million slightly ahead of estimates, while management also raised second-quarter guidance. Article Title
• Positive Sentiment: Analysts turned more constructive after the earnings report, including Wedbush lifting its price target to $300 and other firms boosting forecasts, reinforcing bullish sentiment around TSEM. Article Title

Tower Semiconductor Trading Down 2.4%

Shares of TSEM opened at $273.98 on Friday. The company has a quick ratio of 5.51, a current ratio of 6.48 and a debt-to-equity ratio of 0.05. Tower Semiconductor Ltd. has a 12-month low of $37.48 and a 12-month high of $283.46. The firm has a market capitalization of $30.81 billion, a PE ratio of 127.43 and a beta of 0.85. The stock’s fifty day simple moving average is $189.11 and its 200-day simple moving average is $141.92.

Tower Semiconductor (NASDAQ:TSEM) last issued its quarterly earnings results on Wednesday, May 13th. The semiconductor company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.09. Tower Semiconductor had a return on equity of 8.65% and a net margin of 15.13%.The business had revenue of $413.63 million for the quarter, compared to analyst estimates of $410.72 million. During the same quarter in the prior year, the firm posted $0.35 earnings per share. The firm’s revenue for the quarter was up 15.5% compared to the same quarter last year. As a group, research analysts predict that Tower Semiconductor Ltd. will post 2.64 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TSEM has been the topic of a number of analyst reports. Barclays upped their price target on Tower Semiconductor from $114.00 to $142.00 and gave the company an “equal weight” rating in a research report on Friday, February 13th. Susquehanna boosted their price objective on Tower Semiconductor from $180.00 to $330.00 and gave the stock a “positive” rating in a research note on Thursday. Wedbush boosted their price objective on Tower Semiconductor from $140.00 to $300.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Benchmark boosted their price objective on Tower Semiconductor from $230.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $276.75.

Tower Semiconductor Company 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.