Tower SemiconductorTSEM
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 Q3 regulatory filings by fund managers ($100M+ AUM)
232% more call options, than puts
Call options by funds: $175M | Put options by funds: $52.6M
144% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]
19% more capital invested
Capital invested by funds: $2.6B [Q2] → $3.08B (+$482M) [Q3]
12% more funds holding
Funds holding: 188 [Q2] → 211 (+23) [Q3]
3.16% more ownership
Funds ownership: 59.49% [Q2] → 62.65% (+3.16%) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 73
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Benchmark Cody Acree 57% 1-year accuracy 20 / 35 met price target | 13%upside $60 | Buy Maintained | 15 Nov 2024 |
Craig-Hallum Richard Shannon 81% 1-year accuracy 35 / 43 met price target | 13%upside $60 | Buy Maintained | 14 Nov 2024 |
Susquehanna Medhi Hosseini 100% 1-year accuracy 2 / 2 met price target | 13%upside $60 | Positive Maintained | 14 Nov 2024 |
Financial journalist opinion
