<div id="readability-page-1"><p>Assenagon Asset Management S.A. cut its stake in shares of  Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report) by 42.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor  owned 181,572 shares of the semiconductor company's stock after selling 134,843 shares during the period. Assenagon Asset Management S.A. owned about 0.16% of Tower Semiconductor worth $12,938,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Tower Semiconductor</strong> alerts:</span></p></div><ul><li>4 deep values for opportunistic investing</li></ul><p>Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. lifted its position in shares of  Tower Semiconductor by 14.8% during the second quarter. Blue Trust Inc. now owns 1,764 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 227 shares in the last quarter.  PharVision Advisers LLC bought a new stake in  Tower Semiconductor in the 2nd quarter worth about $207,000.  Park National Corp OH purchased a new stake in  Tower Semiconductor in the 3rd quarter valued at about $208,000.  Evergreen Capital Management LLC bought a new position in shares of  Tower Semiconductor during the 2nd quarter worth approximately $216,000.  Finally, Janney Montgomery Scott LLC bought a new position in shares of  Tower Semiconductor during the 2nd quarter worth approximately $228,000. Institutional investors own  70.51% of the company's stock. </p><h2>Tower Semiconductor Stock Performance</h2><p>Shares of TSEM opened at $119.16 on Friday. Tower Semiconductor Ltd. has a 52-week low of $28.64 and a 52-week high of $129.58. The stock's 50-day simple moving average is $96.72 and its 200 day simple moving average is $68.39. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.54 and a current ratio of 6.61. The stock has a market capitalization of $13.21 billion, a price-to-earnings ratio of 69.28 and a beta of 0.88. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Left for dead, Tower Semiconductor is a phoenix rising </li></ul><p>Several research firms have recently issued reports on TSEM. Susquehanna upped their target price on Tower Semiconductor from $100.00 to $135.00 and gave the company a &#34;positive&#34; rating in a report on Tuesday, November 11th. Wedbush upped their price objective on Tower Semiconductor from $85.00 to $125.00 and gave the company an &#34;outperform&#34; rating in a research note on Tuesday, November 11th. Benchmark raised their target price on Tower Semiconductor from $73.00 to $120.00 and gave the company a &#34;buy&#34; rating in a research report on Tuesday, November 11th. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Tower Semiconductor in a report on Monday. Finally, Barclays raised their price objective on shares of Tower Semiconductor from $74.00 to $97.00 and gave the stock an &#34;equal weight&#34; rating in a report on Tuesday, November 11th. Three investment analysts have rated the stock with a Buy rating and two have issued  a Hold rating to the company's stock. Based on data from MarketBeat, the stock  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $119.25.</p><p><b>Read Our Latest Stock Report on Tower Semiconductor</b></p><h2>About Tower Semiconductor</h2> (Free Report)<ul><li>3 Industries Leading the Stock Market Rebound</li></ul><p>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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Tower Semiconductor</li><li>Overbought Stocks Explained: Should You Trade Them?</li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>How to buy stock: A step-by-step guide for beginners </li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li><li>How to Evaluate a Stock Before Buying </li><li>4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More</li></ul><p><strong>Want to see what other hedge funds are holding TSEM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tower Semiconductor Ltd. (NASDAQ:TSEM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNFTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNFTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Tower Semiconductor Right Now?</h2><p>Before you consider Tower Semiconductor, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tower Semiconductor wasn't on the list.</p><p>While Tower Semiconductor currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TSEM

<p>Assenagon Asset Management S.A. reduced its stake in Tower Semiconductor Ltd. by 42.6% in the third quarter, as per its latest SEC filing. The firm now owns 181,572 shares, valued at $12,938,000. Other institutional investors have also adjusted their positions in the company. Tower Semiconductor's stock has been rated as a 'Moderate Buy' by analysts, with a consensus price target of $119.25.</p>

Assenagon Asset Management S.A. Lowers Position in Tower Semiconductor Ltd. $TSEM