After Losing 4.3% in the Past Year, Tower Semiconductor Ltd. (NASDAQ:TSEM) Institutional Owners Must Be Relieved by the Recent Gain
After Losing 4.3% in the Past Year, Tower Semiconductor Ltd. (NASDAQ:TSEM) Institutional Owners Must Be Relieved by the Recent Gain
Key Insights
主要見解
- Given the large stake in the stock by institutions, Tower Semiconductor's stock price might be vulnerable to their trading decisions
- 46% of the business is held by the top 25 shareholders
- Using data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
- 鑑於機構在該股票中所佔的大部分股份,Tower Semiconductor的股價可能容易受到他們交易決策的影響。
- 前25名股東持有46%的股份。
- 通過分析師預測數據和所有權研究,您可以更好地評估公司未來的業績。
If you want to know who really controls Tower Semiconductor Ltd. (NASDAQ:TSEM), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 56% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
如果你想知道誰真正控制了Tower Semiconductor Ltd. (NASDAQ:TSEM),那麼你需要看看它的股東名冊構成。我們可以看到,機構在公司中擁有56%的所有權。換句話說,這個群體可能會從他們對公司的投資中獲得最多(或失去最多)。
Institutional investors would appreciate the 4.8% increase in share price last week, given their one-year losses have totalled a disappointing 4.3%.
鑑於機構投資者在過去一年中的虧損總額令人失望,達到了4.3%,去周他們所能欣賞的4.8%的股價上漲。
Let's delve deeper into each type of owner of Tower Semiconductor, beginning with the chart below.
讓我們深入探討Tower Semiconductor的每一種股東類型,從以下圖表開始。
![ownership-breakdown](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240611/0-7b0026b89a06f3c2410cbebbc33778e7-0-51ab528babd5044b9cd7871587aac556.png/big)
What Does The Institutional Ownership Tell Us About Tower Semiconductor?
機構所有權告訴我們什麼關於Tower Semiconductor?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
機構投資者通常將自己的回報與常見的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。
Tower Semiconductor already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Tower Semiconductor, (below). Of course, keep in mind that there are other factors to consider, too.
Tower Semiconductor已經在股東名冊上擁有機構。實際上,他們擁有公司中相當可觀的股份。這可能表明公司在投資界擁有一定的信譽度。但是,最好不要依賴於機構投資者所帶來的所謂的認可。他們也會犯錯誤。如果兩個大型機構投資者試圖同時出售一支股票,很常見會看到股價大幅下跌。因此,值得檢查Tower Semiconductor的過去收益軌跡(如下)。當然,也要記住還有其他因素需要考慮。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240611/0-7b0026b89a06f3c2410cbebbc33778e7-1-9df3cb4cb5ad262d923c413342340d38.png/big)
Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. It looks like hedge funds own 7.2% of Tower Semiconductor shares. That's interesting, because hedge funds can be quite active and activist. Many look for medium term catalysts that will drive the share price higher. Senvest Management, LLC is currently the company's largest shareholder with 7.2% of shares outstanding. For context, the second largest shareholder holds about 5.1% of the shares outstanding, followed by an ownership of 3.4% by the third-largest shareholder.
投資者應該注意,機構實際上擁有公司的一半以上,因此他們可以共同行使重大的影響力。看起來,對Tower Semiconductor股票擁有7.2%的是對沖基金。這很有趣,因爲對沖基金可能會非常積極和激進。許多人尋找中期催化劑,以提高股價。Senvest Management,LLC目前是公司的最大股東,持有7.2%的流通股。與之相比,第二大股東持有約5.1%的流通股,第三大股東則持有3.4%的所有權。
On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
經過我們的所有權數據研究,我們發現前25位股東共同擁有不到50%的股份,表明沒有任何個人擁有多數利益。
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
研究機構持股情況是衡量和篩選股票預期表現的好方法。通過研究分析師的情緒也可以取得相同的結果。相當多的分析師涵蓋了這筆股票,所以你可以很容易地調查預測增長。
Insider Ownership Of Tower Semiconductor
Tower Semiconductor的內部持股權
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.
公司內部人員的定義可能是主觀的,並且在不同的司法管轄區之間是不同的。我們的數據反映了個別內部人員,至少捕捉到了董事會成員。公司管理業務,但首席執行官即使是董事會成員也必須向董事會負責。
Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.
大多數人認爲內部所有權是積極的,因爲它可以表示董事會與其他股東的利益相一致。但是,在某些場合下,這個團體的權力過於集中。
Our data cannot confirm that board members are holding shares personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.
我們的數據無法確認董事會成員是否持有個人股份。董事會成員至少持有一些個人股份是不尋常的,因此我們的數據可能有缺陷。下一步可行的行動是檢查CEO的薪資。
General Public Ownership
一般大衆所有權
The general public-- including retail investors -- own 37% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run.
普通大衆——包括散戶投資者——擁有公司37%的股份,因此不容忽視。雖然這個群體不能必然掌控決策,但它肯定會對公司的運營產生真正的影響。
Next Steps:
下一步:
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for Tower Semiconductor (of which 1 can't be ignored!) you should know about.
我覺得查看一個公司究竟是由誰擁有的很有趣。但要真正獲得洞察力,我們還需要考慮其他信息。比如風險。每個公司都會有風險,而我們已經發現Tower Semiconductor的兩個風險警告(其中一個不能被忽視!)你應該知道。
Ultimately the future is most important. You can access this free report on analyst forecasts for the company.
最終,未來最重要。您可以在這份關於該公司分析師預測的免費報告中獲取有關信息。
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
注:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。這可能與全年年度報告數據不一致。
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