Taiwan Semiconductor Manufacturing (NYSE:TSM) CEO Che-Chia Wei Purchases 149 Shares

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMGet Free Report) CEO Che-Chia Wei acquired 149 shares of the firm’s stock in a transaction dated Monday, September 7th. The stock was purchased at an average cost of $76.20 per share, with a total value of $11,353.80. Following the completion of the acquisition, the chief executive officer directly owned 18,136 shares of the company’s stock, valued at approximately $1,381,963.20. This trade represents a 0.83% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Che-Chia Wei also recently made the following trade(s):

  • On Friday, August 7th, Che-Chia Wei bought 152 shares of Taiwan Semiconductor Manufacturing stock. The stock was bought at an average price of $73.31 per share, for a total transaction of $11,143.12.
  • On Tuesday, July 7th, Che-Chia Wei purchased 146 shares of Taiwan Semiconductor Manufacturing stock. The shares were bought at an average cost of $76.62 per share, with a total value of $11,186.52.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $439.09 on Wednesday. The stock has a market capitalization of $2.28 trillion, a P/E ratio of 31.68, a P/E/G ratio of 0.98 and a beta of 1.39. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $246.93 and a 1 year high of $479.00. The company’s fifty day moving average is $419.33 and its two-hundred day moving average is $399.17.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last issued its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. The business had revenue of $39.89 billion for the quarter. On average, sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.52 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be issued a $1.0854 dividend. This represents a $4.34 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s payout ratio is currently 21.43%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Fisher Asset Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 1.8% during the 4th quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company’s stock valued at $5,514,662,000 after acquiring an additional 313,773 shares during the last quarter. Van ECK Associates Corp grew its holdings in Taiwan Semiconductor Manufacturing by 11.1% in the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock valued at $5,307,428,000 after purchasing an additional 1,750,824 shares during the period. Bank of America Corp DE increased its position in Taiwan Semiconductor Manufacturing by 6.5% during the fourth quarter. Bank of America Corp DE now owns 15,902,819 shares of the semiconductor company’s stock worth $4,832,708,000 after purchasing an additional 966,926 shares during the last quarter. Coatue Management LLC raised its stake in Taiwan Semiconductor Manufacturing by 6.9% during the fourth quarter. Coatue Management LLC now owns 8,629,524 shares of the semiconductor company’s stock worth $2,622,426,000 after purchasing an additional 556,988 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 7.7% in the 4th quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company’s stock valued at $2,497,638,000 after purchasing an additional 594,780 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TSM. Sanford C. Bernstein upped their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Needham & Company LLC lifted their price objective on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Stifel Nicolaus began coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They issued a “buy” rating and a $515.00 price objective on the stock. Finally, Weiss Ratings raised Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 26th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $523.22.

Get Our Latest Stock Report on Taiwan Semiconductor Manufacturing

Key Stories Impacting Taiwan Semiconductor Manufacturing

Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:

  • Positive Sentiment: Broad insider buying signals confidence. CEO Che-Chia Wei, CFO Jen-Chau Huang, multiple COOs, SVPs and VPs collectively purchased shares in September 7 transactions. Although the individual purchases were relatively small, the participation of senior executives—including the CEO and CFO—provides a favorable sentiment signal. TSMC CEO insider purchase filing
  • Positive Sentiment: TSMC is committing to next-generation High-NA EUV technology. TSMC plans to begin using ASML’s High-NA extreme-ultraviolet tools around 2030 for advanced-node production. TSMC and ASML are also working toward a 12-inch photomask pilot line by 2031, supporting future manufacturing productivity and smaller, more powerful AI chips. TSMC and ASML High-NA EUV report
  • Positive Sentiment: AI demand continues to improve the industry outlook. Analysts and market commentary point to TSMC’s dominant foundry position, strong demand for advanced chips and investments in N2, N3 and advanced packaging as reasons for optimism. TSMC was also identified as a leading AI-related semiconductor investment and moved above an early technical buy point. TSMC technical breakout report
  • Neutral Sentiment: TSMC’s U.S. expansion brings strategic benefits but may pressure margins. Its roughly $265 billion U.S. investment strengthens relationships with customers and policymakers, while the cost and complexity of overseas manufacturing remain important execution considerations. TSMC U.S. investment report
  • Negative Sentiment: Valuation and macroeconomic risks remain. TSM’s approximately 31.7 P/E ratio leaves the stock sensitive to higher Treasury yields, oil prices, market-wide risk aversion and any slowdown in AI-related capital spending. Future High-NA benefits are also several years away.

About Taiwan Semiconductor Manufacturing

(Get Free Report)

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s leading dedicated semiconductor foundry. Founded in 1987 and headquartered in Hsinchu, Taiwan, the company pioneered the pure-play foundry business model, producing chips designed by other companies rather than developing and selling branded semiconductor products of its own.

TSMC manufactures semiconductor wafers using advanced and specialty process technologies.

See Also

Insider Buying and Selling by Quarter for Taiwan Semiconductor Manufacturing (NYSE:TSM)

Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.