Key Points
- TSMC SVP Shu-Hua Fang bought 2,000 shares at an average price of $77.09, investing $154,180 and increasing their personal position by 32.23% to 8,206 shares.
- TSMC reported quarterly revenue of $39.89 billion and earnings of $4.28 per share, with a 50.31% net margin and 39.25% return on equity.
- Analysts maintain a broadly positive outlook, with the stock carrying a consensus “Buy” rating and an average price target of $523.22, although valuation and rising capital expenditures remain risks.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report) SVP Shu-Hua Fang bought 2,000 shares of the business's stock in a transaction on Thursday, July 2nd. The shares were acquired at an average price of $77.09 per share, for a total transaction of $154,180.00. Following the completion of the transaction, the senior vice president owned 8,206 shares in the company, valued at approximately $632,600.54. This trade represents a 32.23% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shu-Hua Fang also recently made the following trade(s):
- On Friday, August 7th, Shu-Hua Fang bought 57 shares of Taiwan Semiconductor Manufacturing stock. The stock was acquired at an average cost of $73.31 per share, for a total transaction of $4,178.67.
- On Tuesday, July 7th, Shu-Hua Fang purchased 54 shares of Taiwan Semiconductor Manufacturing stock. The shares were acquired at an average price of $76.62 per share, with a total value of $4,137.48.
Taiwan Semiconductor Manufacturing Trading Up 2.9%
TSM opened at $429.07 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. The company has a market cap of $2.23 trillion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 0.95 and a beta of 1.39. The firm has a 50 day simple moving average of $420.63 and a 200 day simple moving average of $397.96. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $237.90 and a fifty-two week high of $479.00.
Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last announced its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. The business had revenue of $39.89 billion for the quarter. On average, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.52 earnings per share for the current year.
Taiwan Semiconductor Manufacturing Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be given a dividend of $1.0854 per share. The ex-dividend date is Thursday, December 10th. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing's payout ratio is presently 25.25%.
Key Taiwan Semiconductor Manufacturing News
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: TSMC is developing a three-hectare laboratory aimed at speeding supplier validation and addressing its advanced-packaging bottleneck. Because the facility is intended to improve production efficiency rather than add another multibillion-dollar fab, investors may view it as a relatively capital-efficient way to support growing AI-chip demand. TSMC Jumps as a Three-Hectare Lab Attacks Its Packaging Bottleneck
- Positive Sentiment: Goldman Sachs says the AI spending cycle may still be in its early stages, supporting the outlook for TSMC’s leading-edge manufacturing and packaging businesses. Goldman Sachs Says the AI Trade Is Barely Started
- Positive Sentiment: Citi identified TSMC as a stock to watch if Apple’s next premium iPhones, including a potential foldable model, command higher prices. More expensive devices could support Apple’s component spending and TSMC’s high-end chip demand. Apple’s New Foldable iPhone Could Cost $2,000
- Positive Sentiment: Coverage points to rising demand for specialized cleaning chemicals and other materials required by advanced AI-chip fabs, reinforcing the view that TSMC’s strong margins are supported by a broad semiconductor supply chain. TSMC's 67.7% Margin Now Needs Twice the Cleaning Chemistry
- Positive Sentiment: Analyst commentary describes TSMC as a “picks-and-shovels” beneficiary of the AI buildout and argues that its customer diversification and manufacturing position may make it more attractive than many major technology stocks. TSMC Is a Better Buy Than Any of the Magnificent Seven Stocks
- Neutral Sentiment: Senior Vice President Shu-Hua Fang disclosed a purchase of 2,000 shares, increasing personal ownership by 32.23%. The insider buying is supportive sentiment, though the transaction was disclosed well after the purchase and is small relative to TSMC’s market value. SEC insider trading filing
- Negative Sentiment: One valuation analysis estimates TSMC may be about 9% above fair value, while its planned investments in Arizona and Europe increase capital requirements. Investors may therefore remain sensitive to execution risks, returns on new capacity, and any slowdown in AI spending. TSMC Could Be 9% Above Fair Value As Capex Plans Grow
Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing
Institutional investors have recently modified their holdings of the business. Fisher Asset Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 1.8% during the 4th quarter. Fisher Asset Management LLC now owns 18,146,900 shares of the semiconductor company's stock worth $5,514,662,000 after purchasing an additional 313,773 shares in the last quarter. Van ECK Associates Corp lifted its stake in Taiwan Semiconductor Manufacturing by 11.1% in the fourth quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company's stock valued at $5,307,428,000 after buying an additional 1,750,824 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.5% in the fourth quarter. Bank of America Corp DE now owns 15,902,819 shares of the semiconductor company's stock valued at $4,832,708,000 after buying an additional 966,926 shares during the period. Coatue Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 6.9% in the fourth quarter. Coatue Management LLC now owns 8,629,524 shares of the semiconductor company's stock valued at $2,622,426,000 after buying an additional 556,988 shares during the period. Finally, Janus Henderson Group PLC increased its position in shares of Taiwan Semiconductor Manufacturing by 7.7% during the fourth quarter. Janus Henderson Group PLC now owns 8,291,884 shares of the semiconductor company's stock worth $2,497,638,000 after acquiring an additional 594,780 shares in the last quarter. Institutional investors own 16.51% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the company. Weiss Ratings raised Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, August 26th. Stifel Nicolaus assumed coverage on Taiwan Semiconductor Manufacturing in a research note on Tuesday. They issued a "buy" rating and a $515.00 target price on the stock. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, July 6th. TD Cowen boosted their target price on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a "hold" rating in a research report on Friday, July 17th. Finally, Needham & Company LLC upped their price target on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a "buy" rating in a research note on Monday, July 27th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $523.22.
Check Out Our Latest Stock Report on TSM
Taiwan Semiconductor Manufacturing Company Profile
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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.
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