Rep. Rick W. Allen Buys Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)

Posted by Michael Walen on Jun 25th, 2026

Representative Rick W. Allen (Republican-Georgia) recently bought shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM). In a filing disclosed on June 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Taiwan Semiconductor Manufacturing stock on May 8th. The trade occurred in the Representative’s “LIVTR” account.

Representative Rick W. Allen also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 5/8/2026.
Sold $15,001 – $50,000 in shares of Accenture (NYSE:ACN) on 5/8/2026.
Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 4/16/2026.
Sold $15,001 – $50,000 in shares of Procter & Gamble (NYSE:PG) on 4/16/2026.
Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 4/16/2026.
Sold $15,001 – $50,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/16/2026.
Sold $50,001 – $100,000 in shares of Ameriprise Financial (NYSE:AMP) on 4/15/2026.

Taiwan Semiconductor Manufacturing Stock Down 1.6%

Taiwan Semiconductor Manufacturing stock traded down $7.21 during trading hours on Thursday, hitting $433.62. 14,705,128 shares of the stock traded hands, compared to its average volume of 13,868,243. The company has a current ratio of 2.49, a quick ratio of 2.31 and a debt-to-equity ratio of 0.16. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $221.18 and a one year high of $476.79. The company has a market cap of $2.25 trillion, a PE ratio of 36.07, a PEG ratio of 1.27 and a beta of 1.38. The firm’s 50-day moving average price is $411.75 and its two-hundred day moving average price is $361.93.

Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. The business had revenue of $30.65 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%. On average, research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.3 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be issued a $1.1136 dividend. This represents a $4.45 annualized dividend and a yield of 1.0%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 25.12%.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

Several institutional investors have recently bought and sold shares of TSM. Shannon River Fund Management LLC bought a new position in Taiwan Semiconductor Manufacturing in the 3rd quarter valued at $2,430,000. Capital Research Global Investors boosted its position in Taiwan Semiconductor Manufacturing by 66.3% in the 4th quarter. Capital Research Global Investors now owns 3,215,353 shares of the semiconductor company’s stock valued at $976,821,000 after buying an additional 1,281,648 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $961,000. Meridian Wealth Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 27.9% in the fourth quarter. Meridian Wealth Management LLC now owns 65,974 shares of the semiconductor company’s stock valued at $20,049,000 after purchasing an additional 14,406 shares during the period. Finally, Boyer Financial Services Inc. bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter worth approximately $648,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Key Taiwan Semiconductor Manufacturing News

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

Positive Sentiment: Analyst and investor commentary continues to highlight TSMC as a key beneficiary of the AI capex cycle, with strong earnings and robust demand for advanced packaging and leading-edge chips reinforcing its role in the AI supply chain. Strong Earnings Demonstrate Taiwan Semiconductor Manufacturing Company Limited’s (TSM) Key Role in The AI-Capex Cycle
Positive Sentiment: TSMC’s May revenue reportedly rose 30.1% year over year, and management said full-year 2026 growth should exceed 30% in U.S. dollar terms, signaling strong momentum in AI and high-performance computing demand. Can Taiwan Semiconductor Shares Hit $500 Before 2026 Ends?
Positive Sentiment: Bank of America raised its price target on TSMC to $590 from $490 and reiterated a buy rating, reflecting improving sentiment around earnings, AI demand, and the company’s long-term growth outlook. Benzinga report on Bank of America price target raise
Positive Sentiment: TSMC’s May filing highlighted heavy capex plans and a bond issuance, consistent with ongoing investment to expand capacity for advanced chip production. TSMC Details Heavy Capex, Bond Issuance and Share Capital Reduction for May 2026
Neutral Sentiment: Vice President Lipen Yuan disclosed a modest insider purchase of 1,000 shares, which may signal confidence but is not large enough on its own to materially change the investment case. Insider trade filing
Neutral Sentiment: Additional articles focused on TSMC’s valuation versus Intel and its long-term AI chip leadership, reinforcing the bullish narrative rather than pointing to a new catalyst. Intel vs TSM: Which Chip Giant is the Better Investment?

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on TSM shares. Needham & Company LLC raised their price target on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Wall Street Zen upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, June 17th. Barclays upped their target price on shares of Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Finally, Susquehanna upped their price objective on Taiwan Semiconductor Manufacturing from $500.00 to $575.00 and gave the stock a “positive” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Buy” and a consensus price target of $449.38.

Get Our Latest Research Report on Taiwan Semiconductor Manufacturing

Insider Transactions at Taiwan Semiconductor Manufacturing

In other news, VP Tzu-Sou Chuang sold 200,000 shares of the firm’s 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 transaction, the vice president owned 2,495,165 shares in the company, valued at approximately $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Bor-Zen Tien purchased 2,000 shares of the stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of $69.91 per share, with a total value of $139,820.00. Following the transaction, the vice president directly owned 11,051 shares in the company, valued at approximately $772,575.41. This trade represents a 22.10% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 4,496 shares of company stock valued at $327,927. 1.11% of the stock is currently owned by corporate insiders.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

About Taiwan Semiconductor Manufacturing

(Get Free Report)

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.