Tower Semiconductor Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TASE:TSEM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Aug 26	Sell₪120,311,903	Russell C. Ellwanger	Individual	159,794	₪790.52
10 Aug 26	Sell₪16,239,666	Russell C. Ellwanger	Individual	21,741	₪752.97
13 Jul 26	Sell₪25,579,252	Russell C. Ellwanger	Individual	38,892	₪709.55
13 Jul 26	Sell₪17,949,706	Russell C. Ellwanger	Individual	28,072	₪640.74

Insider Trading Volume

Insider Buying: TSEM insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of TSEM?
Owner Type	Number of Shares	Ownership Percentage
State or Government	18,551	0.0164%
Individual Insiders	413,632	0.366%
General Public	40,831,834	36.1%
Institutions	71,766,983	63.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 44.86% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.21%	T. Rowe Price Group, Inc.	7,023,150	₪4.7b	-4.52%	0.14%
4.94%	Migdal SAL - Domestic Equities	5,578,131	₪3.7b	-26%	no data
4.12%	Clal Financial Management Ltd	4,658,848	₪3.1b	17.3%	5.01%
3.67%	Vanguard Capital Management, LLC	4,148,222	₪2.8b	2.01%	0.02%
3.1%	Phoenix Investments & Finances Ltd	3,505,778	₪2.3b	-43.6%	3.82%
2.91%	BlackRock, Inc.	3,290,073	₪2.2b	-22.9%	0.01%
2.59%	Jane Street Group, LLC	2,928,515	₪2.0b	146%	0.44%
2.02%	Harel Insurance Investments & Financial Services Ltd	2,279,379	₪1.5b	14.6%	2.34%
1.71%	Capital Research and Management Company	1,927,724	₪1.3b	1.51%	0.02%
1.61%	Senvest Management, LLC	1,823,082	₪1.2b	-19.8%	11.74%
1.53%	Migdal Mutual Funds Ltd.	1,730,723	₪1.2b	0%	1.8%
0.96%	Janus Henderson Group Ltd.	1,081,175	₪722.7m	0%	0.09%
0.92%	Mawer Investment Management Ltd.	1,038,086	₪693.9m	7.57%	0.79%
0.9%	Polar Capital Holdings Plc	1,015,166	₪678.6m	598%	0.54%
0.84%	More Investment House Ltd.	949,549	₪634.8m	2.03%	4.1%
0.82%	Arrowstreet Capital, Limited Partnership	928,208	₪620.5m	0%	0.1%
0.81%	FMR LLC	918,623	₪614.1m	1,310,000%	0.01%
0.81%	Invesco Ltd.	915,533	₪612.0m	-48.7%	0.05%
0.75%	Millennium Management LLC	850,421	₪568.5m	47%	0.13%
0.69%	Marshall Wace LLP	778,218	₪520.2m	83.5%	0.18%
0.68%	Norges Bank Investment Management	763,552	₪510.4m	107%	0.01%
0.61%	D. E. Shaw & Co., L.P.	687,763	₪459.8m	2,280%	0.12%
0.57%	Harel Mutual Funds Ltd.	641,217	₪428.6m	0%	2.43%
0.56%	Qube Research & Technologies Ltd	638,079	₪426.5m	250%	0.19%
0.54%	Two Sigma Investments, LP	611,924	₪409.1m	6,270%	0.12%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/21 16:49
End of Day Share Price	2026/08/21 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tower Semiconductor Ltd. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cody Acree	Ascendiant Capital Markets LLC
Tavy Rosner	Barclays
Cody Acree	Benchmark Company