Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Price Up 5% Following Insider Buying Activity

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) was up 5% on Tuesday after an insider bought additional shares in the company. The company traded as high as $479.00 and last traded at $477.8530. 14,838,684 shares changed hands during mid-day trading, an increase of 7% from the average daily volume of 13,918,268 shares. The stock had previously closed at $455.10.

Specifically, VP Bor-Zen Tien purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was acquired at an average price of $76.64 per share, for a total transaction of $76,640.00. Following the completion of the purchase, the vice president owned 12,051 shares in the company, valued at approximately $923,588.64. This represents a 9.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Wall Street Analyst Weigh In

A number of research firms have commented on TSM. Susquehanna increased their price objective on shares of Taiwan Semiconductor Manufacturing from $500.00 to $575.00 and gave the company a “positive” rating in a research note on Monday, June 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, June 17th. 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. Barclays increased their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $470.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Finally, Zacks Research downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $449.38.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Analysts are increasingly bullish on TSMC, with one note saying the stock could rise another 25% on continued AI-driven demand. The AI Boom Could Cause TSMC (TSM) Stock to Rally Another 25%
• Positive Sentiment: TSMC is being highlighted as a major beneficiary of the AI capex boom, alongside other chipmakers expected to gain from rising spending on chips, memory, and testing. 4 Semiconductor Stocks to Buy Right Now to Ride on the AI Capex Boom
• Positive Sentiment: Semiconductor stocks are receiving broad market support as the sector’s weighting in the S&P 500 reaches a record level, reinforcing investor confidence in the industry’s AI-led growth outlook. Semiconductor stocks climb to record 19.7% of the S&P 500 as AI rally reshapes the index
• Positive Sentiment: TSMC also drew a small vote of confidence from an insider purchase by Vice President Bor-Zen Tien, which can signal internal belief in the company’s outlook. SEC insider filing
• Neutral Sentiment: Recent commentary says investors may be taking a breather after the stock’s strong run, with premarket weakness framed more as consolidation near record highs than a shift in fundamentals. What’s Going On With Taiwan Semiconductor Stock Tuesday?
• Neutral Sentiment: TSMC continues to attract investor attention and remains broadly rated a “Buy” by analysts, but this is more a confirmation of existing optimism than a new catalyst. Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is Attracting Investor Attention: Here is What You Should Know

Taiwan Semiconductor Manufacturing Trading Up 5.0%

The stock has a market cap of $2.48 trillion, a P/E ratio of 39.75, a price-to-earnings-growth ratio of 1.09 and a beta of 1.39. The firm’s 50 day simple moving average is $415.79 and its two-hundred day simple moving average is $364.90. 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. Taiwan Semiconductor Manufacturing had a net margin of 46.97% and a return on equity of 36.81%. The company had revenue of $30.65 billion for the quarter. As a group, equities research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.35 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Investors of record on Wednesday, September 16th will be paid a dividend of $1.1136 per share. This represents a $4.45 annualized dividend and a yield of 0.9%. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 25.12%.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

Large investors have recently bought and sold shares of the business. Shannon River Fund Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the third quarter worth $2,430,000. Capital Research Global Investors boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 66.3% during 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 acquiring an additional 1,281,648 shares during the period. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth about $961,000. Meridian Wealth Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 27.9% during the fourth quarter. Meridian Wealth Management LLC now owns 65,974 shares of the semiconductor company’s stock worth $20,049,000 after acquiring an additional 14,406 shares during the last quarter. Finally, Boyer Financial Services Inc. acquired a new stake in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $648,000. Institutional investors own 16.51% of the company’s stock.

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.