Key Points
- CEO Che-Chia Wei bought 144 TSM shares at an average price of $79.39, investing $11,432 and increasing his holdings to 18,280 shares. He also made smaller purchases in September and August.
- TSMC reported quarterly revenue of $39.89 billion and EPS of $4.28, while analysts maintained a generally positive outlook with an average “Buy” rating and a $524.89 price target.
- The company lowered its quarterly dividend to $1.0854, equivalent to a $4.34 annualized payout and a 0.9% yield. Shares recently faced pressure despite strong AI-driven demand and potential expansion in advanced chip packaging.
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Get Free Report) CEO Che-Chia Wei purchased 144 shares of the company's stock in a transaction dated Wednesday, October 7th. The stock was purchased at an average cost of $79.39 per share, for a total transaction of $11,432.16. Following the transaction, the chief executive officer owned 18,280 shares of the company's stock, valued at approximately $1,451,249.20. This trade represents a 0.79% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Che-Chia Wei also recently made the following trade(s):
- On Monday, September 7th, Che-Chia Wei acquired 149 shares of Taiwan Semiconductor Manufacturing stock. The stock was acquired at an average price of $76.20 per share, for a total transaction of $11,353.80.
- On Friday, August 7th, Che-Chia Wei bought 152 shares of Taiwan Semiconductor Manufacturing stock. The stock was acquired at an average cost of $73.31 per share, for a total transaction of $11,143.12.
Taiwan Semiconductor Manufacturing Stock Down 3.0%
Shares of TSM stock opened at $457.94 on Friday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12 month low of $266.82 and a 12 month high of $487.47. The firm has a market cap of $2.38 trillion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 1.05 and a beta of 1.37. The stock has a 50 day moving average of $432.16 and a 200-day moving average of $413.53. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14.
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 (EPS) 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, equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current year.
Taiwan Semiconductor Manufacturing Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be given a $1.0854 dividend. The ex-dividend date is Thursday, December 10th. This represents a $4.34 annualized dividend and a yield of 0.9%. This is a negative change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 24.75%.
Wall Street Analysts Forecast Growth
TSM has been the topic of several research reports. Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the company an "overweight" rating in a research note on Tuesday. Stifel Nicolaus initiated coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a "buy" rating and a $515.00 price objective on the stock. Sanford C. Bernstein boosted their price objective on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a research report on Tuesday, August 11th. Weiss Ratings lowered Taiwan Semiconductor Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday. Finally, DA Davidson raised their target price on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $524.89.
Check Out Our Latest Research Report on TSM
Institutional Trading of Taiwan Semiconductor Manufacturing
Several institutional investors have recently bought and sold shares of the stock. Tiger Global Management LLC increased its holdings in shares of 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 valued at $1,880,717,000 after purchasing an additional 1,839,600 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in Taiwan Semiconductor Manufacturing by 168.6% during 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 buying an additional 1,313,917 shares in the last quarter. Corient Private Wealth LLC boosted its position in Taiwan Semiconductor Manufacturing by 330.0% in the 4th quarter. Corient Private Wealth LLC now owns 1,583,175 shares of the semiconductor company's stock valued at $481,111,000 after buying an additional 1,215,035 shares during the last quarter. Fundsmith LLP bought a new position in Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $548,465,000. Finally, Deutsche Bank AG increased its stake in shares of Taiwan Semiconductor Manufacturing by 94.3% in the 4th quarter. Deutsche Bank AG now owns 2,264,367 shares of the semiconductor company's stock valued at $688,118,000 after buying an additional 1,098,727 shares during the period. Institutional investors and hedge funds own 16.51% of the company's stock.
Key Stories Impacting Taiwan Semiconductor Manufacturing
Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
- Positive Sentiment: Record AI-driven revenue: TSMC reported third-quarter revenue of NT$1.49 trillion (about $46.7 billion), up roughly 50% year over year and ahead of analyst expectations. September sales rose 54.6% year over year to NT$511.86 billion, reinforcing evidence that demand for advanced AI chips remains robust. TSMC's third-quarter revenue surges to record, beating market forecast
- Positive Sentiment: Potential Musk-related business: Reports indicate TSMC could win a substantial contract connected to Tesla and SpaceX’s planned Terafab project. However, the companies are expected to retain operational control, with TSMC potentially subleasing part of the facility rather than running it. Elon Musk Delivered Massive News for Taiwan Semiconductor Stock Investors
- Positive Sentiment: Expanded packaging ecosystem: TSMC signed a multiyear, $2 billion agreement with GlobalFoundries for U.S.-made silicon interposers supporting its CoWoS advanced-packaging technology. The partnership should increase packaging capacity for AI and high-performance computing, although production is not expected to ramp until 2028. GlobalFoundries Lands $2 Billion TSMC Deal to Expand US AI Chip Packaging
- Neutral Sentiment: Several TSMC executives, including CEO Che-Chia Wei, reported modest open-market purchases. The buying may signal management confidence, but the transactions were relatively small compared with the company’s market value. Taiwan Semiconductor Manufacturing CEO Purchases Shares
- Negative Sentiment: Shares faced selling pressure after a powerful rally toward their 52-week high. Rising oil prices and Treasury yields weakened the broader technology market, while investors questioned whether record AI results were already reflected in TSM’s premium valuation.
- Negative Sentiment: Mixed headlines about Terafab created uncertainty: Musk ruled out TSMC operating the facility, and Intel will remain involved. That reduces the near-term certainty of any potential Musk-related revenue opportunity.
About Taiwan Semiconductor Manufacturing
(
Get Free Report)
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world's largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.
TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
