Taiwan Semiconductor Manufacturing (NYSE:TSM) CEO Acquires 149 Shares of Stock

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) CEO Che-Chia Wei acquired 149 shares of the stock in a transaction on 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 transaction, the chief executive officer directly owned 18,136 shares of the company’s stock, valued at $1,381,963.20. This represents a 0.83% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

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

Taiwan Semiconductor Manufacturing Trading Up 2.4%

Taiwan Semiconductor Manufacturing stock opened at $439.09 on Wednesday. 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 firm’s 50-day moving average is $419.33 and its 200-day moving average is $399.17. The company has a market cap of $2.28 trillion, a P/E ratio of 31.68, a PEG ratio of 0.98 and a beta of 1.39.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The firm 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%. On average, equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.52 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

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

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TSM. Tiger Global Management LLC increased its position 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 valued at $1,880,717,000 after purchasing an additional 1,839,600 shares during the period. Van ECK Associates Corp lifted its holdings in Taiwan Semiconductor Manufacturing by 11.1% in the 4th quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company’s stock valued at $5,307,428,000 after acquiring an additional 1,750,824 shares during the last quarter. Life Cycle Investment Partners Ltd bought a new position in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $495,163,000. T. Rowe Price Investment Management Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing by 168.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company’s stock worth $636,077,000 after purchasing an additional 1,313,917 shares during the last quarter. Finally, SurgoCap Partners LP bought a new stake in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter worth approximately $360,443,000. Institutional investors own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

TSM has been the topic of several recent research reports. Bank of America lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Susquehanna boosted their price objective on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a research report on Thursday, July 16th. 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. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Finally, TD Cowen increased their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $523.22.

Key Headlines 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.

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 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.