Taiwan Semiconductor Manufacturing (NYSE:TSM) Sets New 1-Year High After Insider Buying Activity

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) shares reached a new 52-week high during mid-day trading on Tuesday after an insider bought additional shares in the company. The stock traded as high as $477.14 and last traded at $477.8530, with a volume of 11256945 shares traded. The stock had previously closed at $455.10.

Specifically, VP Bor-Zen Tien bought 1,000 shares of the business’s stock in a transaction on Monday, June 29th. The shares were purchased at an average price of $76.64 per share, with a total value of $76,640.00. Following the completion of the purchase, the vice president owned 12,051 shares of the company’s stock, valued at $923,588.64. This represents a 9.05% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Susquehanna boosted their target price on Taiwan Semiconductor Manufacturing from $500.00 to $575.00 and gave the stock a “positive” rating in a research report on Monday, June 22nd. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Barclays boosted their price objective 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. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a research note on Wednesday, June 17th. Finally, Zacks Research lowered shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Two 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $449.38.

Key Stories Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Analysts are increasingly bullish on TSMC, with one note saying the stock could rise another 25% on continued AI-driven demand. The AI Boom Could Cause TSMC (TSM) Stock to Rally Another 25%
• Positive Sentiment: TSMC is being highlighted as a major beneficiary of the AI capex boom, alongside other chipmakers expected to gain from rising spending on chips, memory, and testing. 4 Semiconductor Stocks to Buy Right Now to Ride on the AI Capex Boom
• Positive Sentiment: Semiconductor stocks are receiving broad market support as the sector’s weighting in the S&P 500 reaches a record level, reinforcing investor confidence in the industry’s AI-led growth outlook. Semiconductor stocks climb to record 19.7% of the S&P 500 as AI rally reshapes the index
• Positive Sentiment: TSMC also drew a small vote of confidence from an insider purchase by Vice President Bor-Zen Tien, which can signal internal belief in the company’s outlook. SEC insider filing
• Neutral Sentiment: Recent commentary says investors may be taking a breather after the stock’s strong run, with premarket weakness framed more as consolidation near record highs than a shift in fundamentals. What’s Going On With Taiwan Semiconductor Stock Tuesday?
• Neutral Sentiment: TSMC continues to attract investor attention and remains broadly rated a “Buy” by analysts, but this is more a confirmation of existing optimism than a new catalyst. Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is Attracting Investor Attention: Here is What You Should Know

Taiwan Semiconductor Manufacturing Price Performance

The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49. The company has a 50-day moving average of $415.79 and a 200-day moving average of $364.90. The firm has a market capitalization of $2.48 trillion, a price-to-earnings ratio of 39.75, a price-to-earnings-growth ratio of 1.09 and a beta of 1.39.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 EPS for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. The firm had revenue of $30.65 billion for the quarter. As a group, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.35 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be issued a dividend of $1.1136 per share. The ex-dividend date is Wednesday, September 16th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 dividend on an annualized basis and a dividend yield of 0.9%. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 25.12%.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Institutional investors have recently added to or reduced their stakes in the stock. VectorGlobal IAG Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing in the first quarter valued at about $10,999,000. Hamilton Wealth LLC raised its position in Taiwan Semiconductor Manufacturing by 0.8% in the 1st quarter. Hamilton Wealth LLC now owns 41,701 shares of the semiconductor company’s stock valued at $14,093,000 after buying an additional 341 shares during the last quarter. Ballast Advisors LLC raised its position in Taiwan Semiconductor Manufacturing by 2.6% in the 1st quarter. Ballast Advisors LLC now owns 23,886 shares of the semiconductor company’s stock valued at $8,072,000 after buying an additional 600 shares during the last quarter. PVG Asset Management Corp lifted its stake in Taiwan Semiconductor Manufacturing by 509.2% in the 1st quarter. PVG Asset Management Corp now owns 5,666 shares of the semiconductor company’s stock valued at $1,915,000 after acquiring an additional 4,736 shares in the last quarter. Finally, LFG Wealth Partners LLC boosted its position in Taiwan Semiconductor Manufacturing by 1.2% during the 1st quarter. LFG Wealth Partners LLC now owns 10,519 shares of the semiconductor company’s stock worth $3,555,000 after acquiring an additional 122 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

About Taiwan Semiconductor Manufacturing

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.