Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Bought by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC raised its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 100.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 48,654 shares of the semiconductor company’s stock after purchasing an additional 24,417 shares during the period. WCG Wealth Advisors LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $14,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of TSM. Stephens Consulting LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 82.0% during the fourth quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company’s stock worth $28,000 after buying an additional 41 shares during the period. Ares Financial Consulting LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth about $29,000. Basepoint Wealth LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth about $31,000. Maseco LLP acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth about $35,000. Finally, Westend Capital Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 476.2% during the fourth quarter. Westend Capital Management LLC now owns 121 shares of the semiconductor company’s stock worth $37,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, VP Bor-Zen Tien bought 2,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was bought at an average cost of $69.91 per share, with a total value of $139,820.00. Following the completion of the acquisition, the vice president owned 11,051 shares in the company, valued at approximately $772,575.41. This represents a 22.10% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the completion of the transaction, the vice president directly owned 2,495,165 shares of the company’s stock, valued at approximately $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders acquired 3,346 shares of company stock valued at $218,005. 1.11% of the stock is currently owned by corporate insiders.

Taiwan Semiconductor Manufacturing Trading Down 2.0%

NYSE TSM opened at $437.65 on Thursday. The stock has a market capitalization of $2.27 trillion, a P/E ratio of 36.41, a P/E/G ratio of 1.30 and a beta of 1.38. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $200.38 and a 52-week high of $450.16. The firm has a 50-day moving average price of $384.51 and a 200 day moving average price of $346.12. The company has a quick ratio of 2.31, a current ratio of 2.49 and a debt-to-equity ratio of 0.16.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. The firm had revenue of $30.65 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. Equities research analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.28 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced 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 dividend on an annualized basis 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 of this dividend is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 24.71%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TSM shares. DA Davidson reiterated a “buy” rating and set a $450.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 17th. Barclays increased their target price on shares of Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 22nd. Needham & Company LLC increased their target price on shares of Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 20th. Finally, Wall Street Zen upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Taiwan Semiconductor Manufacturing currently has a consensus rating of “Buy” and an average target price of $404.29.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC reiterated that AI demand should keep driving growth for its most advanced chips over the next few years, supporting the view that the company remains a key beneficiary of the AI buildout. TSMC doubles down on AI growth as CEO sees demand staying strong
• Positive Sentiment: Reuters and Yahoo Finance reported CEO C.C. Wei’s upbeat outlook, saying TSMC expects strong growth over the next few years as AI and advanced semiconductor demand remain robust. TSMC boss upbeat on outlook as AI boom shows no sign of easing
• Positive Sentiment: Bernstein and BofA stayed bullish on TSMC, with Bernstein lifting its price target and citing the company’s leadership in advanced nodes and AI-related earnings potential. Bernstein and BofA Remain Bullish on TSMC (TSM) Amid AI and Advanced Node Leadership
• Neutral Sentiment: Some emerging-market fund managers are diversifying away from concentrated positions in TSMC after a strong run, which may reflect portfolio rotation more than a fundamental negative for the business. Maxed out on TSMC, Samsung and SK Hynix, what emerging market funds are buying now
• Negative Sentiment: One report said TSMC shares fell after the CEO warned that AI chip demand could exceed supply for years, underscoring concerns about capacity constraints and the cost of expanding U.S. production. Taiwan Semiconductor (TSM) Stock Drops as CEO Projects Years-Long AI Chip Supply Shortage

Taiwan Semiconductor Manufacturing Profile

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.