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

Representative Rick W. Allen (Republican-Georgia) recently bought shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM). In a filing disclosed on September 22nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Taiwan Semiconductor Manufacturing stock on August 12th. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.

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

• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/12/2026.
• Sold $15,001 – $50,000 in shares of Rollins (NYSE:ROL) on 8/12/2026.
• Sold $15,001 – $50,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/14/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 7/14/2026.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 7/14/2026.

Taiwan Semiconductor Manufacturing Trading Up 1.0%

Shares of NYSE:TSM opened at $450.91 on Friday. The stock’s 50-day simple moving average is $419.89 and its two-hundred day simple moving average is $404.86. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $266.82 and a 52-week high of $479.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The stock has a market capitalization of $2.34 trillion, a price-to-earnings ratio of 32.53, a PEG ratio of 1.00 and a beta of 1.39.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The company had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. Analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced 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 is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. 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 currently 25.25%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Tiger Global Management LLC raised its holdings in Taiwan Semiconductor Manufacturing by 49.4% in the first quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company’s stock worth $1,880,717,000 after purchasing an additional 1,839,600 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Taiwan Semiconductor Manufacturing by 168.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company’s stock valued at $636,077,000 after buying an additional 1,313,917 shares during the last quarter. Capital Research Global Investors boosted its position in Taiwan Semiconductor Manufacturing by 66.3% in the fourth 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 last quarter. Corient Private Wealth LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 330.0% in the fourth quarter. Corient Private Wealth LLC now owns 1,583,175 shares of the semiconductor company’s stock worth $481,111,000 after acquiring an additional 1,215,035 shares during the period. Finally, Fundsmith LLP purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter worth about $548,465,000. 16.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TSM. Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a report on Thursday, July 16th. TD Cowen lifted their target price on shares of Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Bank of America boosted their price objective on Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Finally, Citigroup reiterated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $523.22.

Insider Buying and Selling

In other news, VP Lipen Yuan acquired 350 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was acquired at an average price of $73.58 per share, for a total transaction of $25,753.00. Following the completion of the transaction, the vice president owned 2,000 shares in the company, valued at approximately $147,160. The trade was a 21.21% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Bor-Zen Tien purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average cost of $73.06 per share, with a total value of $73,060.00. Following the acquisition, the vice president directly owned 14,051 shares in the company, valued at $1,026,566.06. This trade represents a 7.66% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 19,106 shares of company stock worth $1,417,283. 1.11% of the stock is currently owned by company insiders.

Taiwan Semiconductor Manufacturing News Summary

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

• Positive Sentiment: TSMC reportedly plans to raise wafer prices by approximately 3% to 6% beginning in January 2027. Tight foundry capacity driven by AI demand could improve revenue and margins, particularly if customers accept higher prices. TSMC Set to Raise Chip Prices Up to 6%
• Positive Sentiment: TSMC disclosed approximately US$29.4 billion of capacity-expansion commitments in August, reinforcing its strategy to meet sustained demand for advanced logic and AI chips. The spending also strengthens its long-term competitive position. TSMC Capacity Expansion
• Positive Sentiment: Customer tape-outs for TSMC’s A14 process are reportedly ahead of schedule, with volume production targeted for 2028. Early customer traction supports expectations for future advanced-node growth and helps extend the company’s technology leadership. TSMC A14 Customer Traction
• Positive Sentiment: Market commentary suggests Nvidia currently captures a large share of AI-chip economics, but foundries such as TSMC may gain greater pricing power as demand expands. TSMC’s role as a key AI-chip manufacturer is also highlighted as a durable long-term growth driver. Nvidia and TSMC AI Profits
• Neutral Sentiment: TSM outperformed a weaker broader market in the latest session, reflecting continued investor interest in semiconductor and AI exposure. Analysts remain broadly optimistic, but the stock’s elevated valuation means future gains may depend on continued earnings growth. TSMC Advances While Market Declines
• Negative Sentiment: Advanced-packaging expansion remains several years away, with supplier validation still in progress and capacity details undisclosed. The delay creates uncertainty around how quickly TSMC can monetize the opportunity and alleviate packaging bottlenecks. TSMC Packaging Moves Toward Supplier Validation

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

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.