Tower SemiconductorTSEM
Market Cap: $4.71B
About: Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a range of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.
Employees: 5,215
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
36% more call options, than puts
Call options by funds: $176M | Put options by funds: $129M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
20% more capital invested
Capital invested by funds: $2.15B [Q1] → $2.59B (+$436M) [Q2]
1.21% more ownership
Funds ownership: 58.09% [Q1] → 59.3% (+1.21%) [Q2]
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
1% more funds holding
Funds holding: 186 [Q1] → 187 (+1) [Q2]
15% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 66
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Benchmark Cody Acree 74% 1-year accuracy 20 / 27 met price target | 30%upside $55 | Buy Reiterated | 9 Sept 2024 |