Zevenbergen Capital Investments LLC Purchases 41,115 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Zevenbergen Capital Investments LLC raised its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 60.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 108,665 shares of the semiconductor company’s stock after purchasing an additional 41,115 shares during the period. Taiwan Semiconductor Manufacturing accounts for 1.2% of Zevenbergen Capital Investments LLC’s investment portfolio, making the stock its 25th largest holding. Zevenbergen Capital Investments LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $51,895,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Alterna Wealth Management Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing by 86.6% in the second quarter. Alterna Wealth Management Inc. now owns 1,202 shares of the semiconductor company’s stock worth $574,000 after purchasing an additional 558 shares in the last quarter. Bell Bank raised its position in shares of Taiwan Semiconductor Manufacturing by 3.5% during the 2nd quarter. Bell Bank now owns 14,031 shares of the semiconductor company’s stock valued at $6,701,000 after purchasing an additional 475 shares during the period. Cannon Advisors Inc. lifted its stake in shares of Taiwan Semiconductor Manufacturing by 10.3% during the 2nd quarter. Cannon Advisors Inc. now owns 843 shares of the semiconductor company’s stock valued at $403,000 after buying an additional 79 shares in the last quarter. Birch Financial Group LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at $331,000. Finally, Guardian Financial Partners LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 32.5% in the 2nd quarter. Guardian Financial Partners LLC now owns 1,325 shares of the semiconductor company’s stock worth $633,000 after buying an additional 325 shares during the period. 16.51% of the stock is currently owned by institutional investors.

Taiwan Semiconductor Manufacturing Price Performance

TSM stock opened at $426.67 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.25 and a current ratio of 2.46. The company’s fifty day moving average price is $425.97 and its 200-day moving average price is $390.38. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $223.70 and a one year high of $479.00. The company has a market capitalization of $2.21 trillion, a PE ratio of 30.78, a price-to-earnings-growth ratio of 0.98 and a beta of 1.38.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.37%. On average, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Shareholders of record on Thursday, December 10th will be issued a dividend of $1.0854 per share. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 21.43%.

Insider Activity at Taiwan Semiconductor Manufacturing

In other news, VP Shyue-Shyh Lin acquired 2,000 shares of the business’s stock in a transaction dated Sunday, July 19th. The stock was purchased at an average price of $71.71 per share, for a total transaction of $143,420.00. Following the completion of the transaction, the vice president directly owned 28,269 shares in the company, valued at approximately $2,027,169.99. This trade represents a 7.61% 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 Tzu-Sou Chuang sold 200,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the completion of the sale, the vice president directly owned 2,495,165 shares in the company, valued at $174,237,371.95. This trade represents a 7.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders acquired 18,312 shares of company stock worth $1,347,058 over the last 90 days. Company insiders own 1.11% of the company’s stock.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC remains a key beneficiary of the AI boom. Nvidia is reportedly accelerating development of its next-generation Feynman platform, which could increase demand for TSMC’s 2-nanometer chips and advanced packaging capacity. Nvidia’s Next-Gen Feynman AI Platform Is Ramping Up
• Positive Sentiment: TSMC and Sony committed $4.69 billion to a new CMOS image-sensor plant in Kumamoto, Japan, with production targeted for 2029 and support from Japanese government subsidies. The project could broaden TSMC’s geographic footprint and strengthen its relationship with a major customer. Sony and TSMC’s $4.7 Billion Venture
• Positive Sentiment: Several institutional investors expressed confidence in TSMC: Causeway Capital increased its position, while Perseverance Asset Management International also raised its stake. Analysts including Sanford C. Bernstein continue to forecast meaningful appreciation. Causeway Capital Boosts TSMC Stake
• Neutral Sentiment: TSMC filed reviewed interim financial statements with the SEC. The filing provides updated regulatory disclosure but, based on the available report, does not identify a material change to the company’s outlook. TSMC Files Reviewed Interim Financials
• Negative Sentiment: SoftBank disclosed that it sold 71.5% of its TSMC holdings during the second quarter. Although the sale may reflect portfolio management rather than a change in fundamentals, it creates near-term overhang and may weigh on sentiment. SoftBank Sells Most of Its Taiwan Semiconductor Holdings
• Negative Sentiment: Investors are increasingly concerned that strong earnings may already be reflected in chip valuations, while Fidelity has warned that the semiconductor cycle could be nearing a peak. Those concerns are particularly relevant for TSMC, whose valuation and recent gains leave the stock vulnerable to profit-taking. Analyst Sees Trouble Brewing for Hot Chip Stocks

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Sanford C. Bernstein increased their price target on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. DA Davidson upped their price objective on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. TD Cowen upped their price objective on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Finally, Needham & Company LLC increased their target price on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of “Buy” and a consensus target price of $524.25.

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.