Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Get Free Report) CEO Che-Chia Wei bought 144 shares of the company’s stock in a transaction dated Wednesday, October 7th. The stock was purchased at an average cost of $79.39 per share, for a total transaction of $11,432.16. Following the completion of the transaction, the chief executive officer owned 18,280 shares of the company’s stock, valued at $1,451,249.20. This represents a 0.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Che-Chia Wei also recently made the following trade(s):
- On Monday, September 7th, Che-Chia Wei purchased 149 shares of Taiwan Semiconductor Manufacturing stock. The stock was purchased at an average price of $76.20 per share, with a total value of $11,353.80.
- On Friday, August 7th, Che-Chia Wei acquired 152 shares of Taiwan Semiconductor Manufacturing stock. The stock was purchased at an average cost of $73.31 per share, with a total value of $11,143.12.
Taiwan Semiconductor Manufacturing Trading Down 3.0%
Taiwan Semiconductor Manufacturing stock opened at $457.94 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 52 week low of $266.82 and a 52 week high of $487.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The firm has a market capitalization of $2.38 trillion, a price-to-earnings ratio of 33.04, a P/E/G ratio of 1.05 and a beta of 1.37. The company has a 50 day moving average price of $432.16 and a 200 day moving average price of $413.53.
Taiwan Semiconductor Manufacturing Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be given a $1.0854 dividend. This represents a $4.34 dividend on an annualized basis and a dividend yield of 0.9%. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 24.75%.
Key Stories Impacting Taiwan Semiconductor Manufacturing
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: Record AI-driven revenue: TSMC reported third-quarter revenue of NT$1.49 trillion (about $46.7 billion), up roughly 50% year over year and ahead of analyst expectations. September sales rose 54.6% year over year to NT$511.86 billion, reinforcing evidence that demand for advanced AI chips remains robust. TSMC’s third-quarter revenue surges to record, beating market forecast
- Positive Sentiment: Potential Musk-related business: Reports indicate TSMC could win a substantial contract connected to Tesla and SpaceX’s planned Terafab project. However, the companies are expected to retain operational control, with TSMC potentially subleasing part of the facility rather than running it. Elon Musk Delivered Massive News for Taiwan Semiconductor Stock Investors
- Positive Sentiment: Expanded packaging ecosystem: TSMC signed a multiyear, $2 billion agreement with GlobalFoundries for U.S.-made silicon interposers supporting its CoWoS advanced-packaging technology. The partnership should increase packaging capacity for AI and high-performance computing, although production is not expected to ramp until 2028. GlobalFoundries Lands $2 Billion TSMC Deal to Expand US AI Chip Packaging
- Neutral Sentiment: Several TSMC executives, including CEO Che-Chia Wei, reported modest open-market purchases. The buying may signal management confidence, but the transactions were relatively small compared with the company’s market value. Taiwan Semiconductor Manufacturing CEO Purchases Shares
- Negative Sentiment: Shares faced selling pressure after a powerful rally toward their 52-week high. Rising oil prices and Treasury yields weakened the broader technology market, while investors questioned whether record AI results were already reflected in TSM’s premium valuation.
- Negative Sentiment: Mixed headlines about Terafab created uncertainty: Musk ruled out TSMC operating the facility, and Intel will remain involved. That reduces the near-term certainty of any potential Musk-related revenue opportunity.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. TD Cowen increased their target price on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Needham & Company LLC increased their price objective on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a “buy” rating in a report on Monday, July 27th. Sanford C. Bernstein boosted their target price on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Bank of America upped their target price on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Finally, Barclays raised their price target on Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the stock an “overweight” rating in a research note on Tuesday. Three 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. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of “Buy” and a consensus target price of $524.89.
Get Our Latest Stock Analysis on TSM
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Janus Henderson Group PLC raised its holdings in Taiwan Semiconductor Manufacturing by 7.7% during the fourth quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company’s stock valued at $2,497,638,000 after buying an additional 594,780 shares in the last quarter. Tiger Global Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 49.4% during the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock worth $1,880,717,000 after acquiring an additional 1,839,600 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 1.1% during the 4th quarter. Invesco Ltd. now owns 3,721,823 shares of the semiconductor company’s stock worth $1,131,025,000 after acquiring an additional 40,842 shares in the last quarter. Sei Investments Co. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 11.8% during the 1st quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company’s stock valued at $875,802,000 after acquiring an additional 274,389 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Taiwan Semiconductor Manufacturing by 94.3% during the 4th quarter. Deutsche Bank AG now owns 2,264,367 shares of the semiconductor company’s stock valued at $688,118,000 after acquiring an additional 1,098,727 shares during the last quarter. Institutional investors own 16.51% of the company’s stock.
Taiwan Semiconductor Manufacturing Company Profile
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.
TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.
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