Glassy Mountain Advisors Inc. lifted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 15.1% in the fourth quarter, HoldingsChannel reports. The firm owned 14,039 shares of the semiconductor company’s stock after buying an additional 1,842 shares during the period. Glassy Mountain Advisors Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $4,266,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the company. Stephens Consulting LLC lifted its position in Taiwan Semiconductor Manufacturing by 82.0% in the fourth quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 41 shares during the last quarter. Ares Financial Consulting LLC acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $29,000. Basepoint Wealth LLC acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $31,000. Resources Management Corp CT ADV acquired a new position in Taiwan Semiconductor Manufacturing in the second quarter valued at about $32,000. Finally, Maseco LLP acquired a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 16.51% of the company’s stock.
Insider Buying and Selling at Taiwan Semiconductor Manufacturing
In related news, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the completion of the sale, the vice president directly owned 2,495,165 shares of the company’s stock, valued at $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Bor-Zen Tien purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average cost of $69.91 per share, with a total value of $139,820.00. Following the completion of the acquisition, the vice president owned 11,051 shares of the company’s stock, valued at approximately $772,575.41. This trade represents a 22.10% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have purchased 3,346 shares of company stock valued at $218,005. Corporate insiders own 1.11% of the company’s stock.
Taiwan Semiconductor Manufacturing Stock Performance
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 EPS for the quarter. The company had revenue of $30.65 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 EPS for the current fiscal year.
Taiwan Semiconductor Manufacturing Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be issued a dividend of $1.1136 per share. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 24.71%.
Key Stories Impacting Taiwan Semiconductor Manufacturing
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: Bernstein and Bank of America remained bullish on TSMC, citing its leadership in advanced chips for AI and raising confidence in earnings growth. Bernstein and BofA Remain Bullish on TSMC (TSM) Amid AI and Advanced Node Leadership
- Positive Sentiment: Analyst coverage continues to frame TSMC as a core AI beneficiary, with a 12-month consensus price target around $500 and expectations that hyperscaler AI buildouts will keep demand strong. The One Company Every AI Giant Cannot Build Without Just Raised Its Outlook
- Positive Sentiment: Reports that TSMC is in or near buy zones and outperforming the broader market may be reinforcing investor interest in the name. TSMC (TSM) Beats Stock Market Upswing: What Investors Need to Know
- Positive Sentiment: AI-related enthusiasm across the semiconductor sector has lifted Taiwanese chip stocks, with comments from Nvidia’s CEO highlighting optical connectivity and infrastructure bottlenecks that could support foundry demand. Fresh AI Buzz Powers Taiwan Stocks Even Higher
- Neutral Sentiment: Several articles focused on TSMC being heavily owned by hedge funds or included in stock screens, which reinforces institutional interest but does not add a major new catalyst. Taiwan Semiconductor (TSM): One of the Most Owned Stocks by Hedge Funds?
- Neutral Sentiment: General “best manufacturing stocks” coverage is supportive background noise, but it is not a clear TSMC-specific driver. Best Manufacturing Stocks To Follow Now – May 31st
- Neutral Sentiment: Broader Nvidia-related news is helping sentiment around the AI chip ecosystem, but it is an indirect benefit for TSMC rather than a direct company update. Nvidia CEO Pitches ‘Insane’ AI Returns to Billionaire Families
Analyst Ratings Changes
Several brokerages have recently issued reports on TSM. Needham & Company LLC increased their price target on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a “buy” rating in a research report on Thursday, April 16th. Wedbush reissued an “outperform” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, February 11th. Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Finally, Zacks Research cut shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Buy” and a consensus price target of $404.29.
Check Out Our Latest Stock Analysis on Taiwan Semiconductor Manufacturing
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.
TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.
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