Wedbush Securities Inc. Purchases 1,370 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Wedbush Securities Inc. lifted its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 5.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 26,184 shares of the semiconductor company’s stock after purchasing an additional 1,370 shares during the quarter. Wedbush Securities Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $12,505,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ferguson Wellman Capital Management Inc. raised its stake in Taiwan Semiconductor Manufacturing by 0.3% during the second quarter. Ferguson Wellman Capital Management Inc. now owns 140,330 shares of the semiconductor company’s stock worth $67,017,000 after buying an additional 396 shares during the last quarter. Navellier & Associates Inc. boosted its position in Taiwan Semiconductor Manufacturing by 647.6% during the second quarter. Navellier & Associates Inc. now owns 11,364 shares of the semiconductor company’s stock valued at $5,427,000 after acquiring an additional 9,844 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $13,669,000. Archer Investment Corp acquired a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth about $207,000. Finally, Pin Oak Investment Advisors Inc. bought a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $2,361,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Down 2.1%

TSM opened at $418.54 on Friday. The company has a fifty day moving average price of $423.00 and a two-hundred day moving average price of $396.10. Taiwan Semiconductor Manufacturing Company Ltd. has a 1-year low of $225.63 and a 1-year high of $479.00. The company has a market cap of $2.17 trillion, a P/E ratio of 30.20, a price-to-earnings-growth ratio of 0.96 and a beta of 1.38. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The company had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. Analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.45 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be paid a dividend of $1.0854 per share. 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 dividend payout ratio is 25.32%.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC is advancing its A14 process technology for AI chips, targeting improved performance and power efficiency. The A13 and A12 nodes also extend the company’s next-generation process roadmap, reinforcing its competitive position in leading-edge semiconductor manufacturing. How TSMC is Advancing its A14 Technology Roadmap for AI Transformation
• Positive Sentiment: TSMC is reportedly set to manufacture Xiaomi’s Xring O3 processor using its 3-nanometer technology. The order expands TSMC’s advanced-chip customer base beyond major traditional chip designers and supports demand from AI-enabled consumer devices and autonomous-driving applications. Why Is Taiwan Semiconductor Manufacturing Winning More 3nm AI Chip Work?
• Positive Sentiment: A $4.7 billion joint venture with Sony to develop and manufacture next-generation smartphone image sensors highlights TSMC’s expansion into sensors for AI-enabled devices. Mass production is expected to begin in 2029, offering a longer-term growth opportunity. Sony Group and Taiwan Semiconductor Are Betting $4.7 Billion on the Eyes of AI Machines
• Positive Sentiment: Billionaire investor Stanley Druckenmiller and another hedge fund reportedly bought TSMC shares, signaling continued institutional confidence in the foundry’s role as a leading way to invest in the AI semiconductor trend. Stanley Druckenmiller Just Bought Taiwan Semiconductor Stock
• Neutral Sentiment: TSMC’s reported 44.7% revenue growth in July underscores powerful demand, but the strength also raises the performance and guidance bar for the broader AI-chip supply chain. TSMC’s July Surge Raises the Bar for Nvidia’s Foundry
• Negative Sentiment: After a substantial run-up and with shares trading at a premium valuation, investors may be taking profits or demanding results that exceed already-strong AI growth expectations. The supplied articles do not identify a new fundamental setback at TSMC.

Insiders Place Their Bets

In other news, VP Lipen Yuan acquired 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, August 18th. The stock was purchased at an average price of $74.50 per share, with a total value of $74,500.00. Following the completion of the purchase, the vice president owned 6,000 shares of the company’s stock, valued at approximately $447,000. The trade was a 20.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shyue-Shyh Lin acquired 2,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Sunday, July 19th. The stock was purchased at an average cost of $71.71 per share, with a total value of $143,420.00. Following the purchase, the vice president directly owned 28,269 shares of the company’s stock, valued at approximately $2,027,169.99. This trade represents a 7.61% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 17,662 shares of company stock worth $1,307,491. Corporate insiders own 1.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. TD Cowen boosted their price objective on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Needham & Company LLC raised their target price on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, July 6th. Sanford C. Bernstein boosted their price target 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. Finally, Barclays increased their price target on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $524.25.

Taiwan Semiconductor Manufacturing Profile

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.