Based on the latest 2018Q2 regulatory filing with the SEC, Moab Capital Partners Llc upped its holdings in Tower Semiconductor Ltd (TSEM) by 11.43%. 323,351 shares were bought by Moab Capital Partners Llc as the company’s stock declined 14.22% while stock markets rallied. The semiconductors company reported $69.37M value for the 2018Q2. Now the hedge fund is holding 3.15 million shares, compared to the 2.83M from the previous quarter. Moab Capital Partners Llc has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.
For more Tower Semiconductor Ltd. (NASDAQ:TSEM) news brought out recently go to: Seekingalpha.com, Nasdaq.com, Nasdaq.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Tower Semi -15.8% on Q3 misses, downside revenue guidance” brought out on October 29, 2018, “Mid-Day Market Update: First Data Falls On Downbeat Earnings; Stoneridge Shares Surge” on October 29, 2018, “LeddarTech Selects TowerJazz’s 0.18um CIS SPAD Technology for its Next Generation Automotive LiDARs” with a publish date: November 06, 2018, “TowerJazz Reports Revenues of $323 million with Net Profit of $34 million for the Third Quarter of 2018” and the last “Tower Semiconductor Ltd. (TSEM) CEO Russell Ellwanger on Q3 2018 Results – Earnings Call Transcript” with publication date: October 29, 2018.
Tower Semiconductor Ltd. (NASDAQ:TSEM) Ratings Coverage
In total 4 analysts cover Tower Semiconductor (NASDAQ:TSEM). “Buy” rating has 4, “Sell” are 0, while 0 are “Hold”. (NASDAQ:TSEM) has 100% bullish analysts. 5 are the (NASDAQ:TSEM)’s ratings reports on 10 Nov 2018 according to StockzIntelligence Inc. On Tuesday, August 28 Standpoint Research upgraded the shares of TSEM in report to “Buy” rating. On Friday, July 27 the firm has “Outperform” rating by Credit Suisse given. In Tuesday, October 30 report Jefferies maintained it with “Buy” rating and $24 target.
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