Vestor Capital LLC Sells 142,349 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Vestor Capital LLC trimmed its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 96.8% in the third quarter, Holdings Channel.com reports. The fund owned 4,646 shares of the semiconductor company’s stock after selling 142,349 shares during the period. Vestor Capital LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $2,119,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in TSM. Kestra Investment Management LLC increased its stake in Taiwan Semiconductor Manufacturing by 37.4% during the third quarter. Kestra Investment Management LLC now owns 2,643 shares of the semiconductor company’s stock valued at $1,205,000 after purchasing an additional 719 shares during the last quarter. Clear Wave Wealth Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 6.3% in the 3rd quarter. Clear Wave Wealth Management LLC now owns 7,379 shares of the semiconductor company’s stock worth $3,366,000 after buying an additional 435 shares during the last quarter. Kohmann Bosshard Financial Services LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 32.4% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 735 shares of the semiconductor company’s stock worth $335,000 after buying an additional 180 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 1.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,009,665 shares of the semiconductor company’s stock valued at $463,638,000 after buying an additional 12,836 shares during the period. Finally, rebel Financial LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter valued at about $310,000. 16.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TSM shares. Zacks Research raised shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 7th. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Sanford C. Bernstein increased their price target on Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 4th. Finally, Susquehanna increased their price target on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a “positive” rating in a research report on Thursday, July 16th. Three equities research 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 stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $533.89.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM opened at $388.95 on Tuesday. The firm has a fifty day moving average of $431.09 and a 200-day moving average of $401.08. The company has a market cap of $2.02 trillion, a price-to-earnings ratio of 25.03, a price-to-earnings-growth ratio of 0.80 and a beta of 1.44. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, topping analysts’ consensus estimates of $4.45 by $0.15. The business had revenue of $46.72 billion for the quarter, compared to analysts’ expectations of $45.67 billion. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The company’s revenue for the quarter was up 41.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.92 EPS. As a group, equities analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current year.

Insider Transactions at Taiwan Semiconductor Manufacturing

In related news, Director Michael R. Splinter bought 840 shares of the stock in a transaction on Thursday, November 5th. The shares were purchased at an average price of $357.00 per share, with a total value of $299,880.00. Following the purchase, the director owned 8,405 shares in the company, valued at approximately $3,000,585. This represents a 11.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Lipen Yuan purchased 1,000 shares of the company’s stock in a transaction on Sunday, November 1st. The shares were bought at an average price of $71.49 per share, for a total transaction of $71,490.00. Following the completion of the transaction, the vice president directly owned 8,000 shares in the company, valued at $571,920. This represents a 14.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 6,268 shares of company stock valued at $710,901 in the last quarter. 1.11% of the stock is currently owned by insiders.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Taiwanese regulators tightened short-selling limits and authorized a NT$500 billion stabilization fund. The measures helped lift local-market sentiment and supported TSMC shares. TSMC Stocks Rise as Taiwan Curbs Short Selling and Deploys Stabilization Fund
• Positive Sentiment: A director disclosed buying 840 shares for about $300,000, increasing his direct holdings by 11.1%. Insider purchases can be viewed as a signal of confidence, although one transaction does not establish a broader trend. SEC filing on director share purchase
• Positive Sentiment: Eleven ETFs reportedly added TSMC shares, suggesting investment-fund demand that may provide some support. 11 ETFs Add to Taiwan Semiconductor
• Neutral Sentiment: Coverage was inconsistent about TSMC entering advanced memory production: one report suggested it may make memory for NVIDIA, while another said TSMC remains focused on logic chips. The uncertainty may affect expectations for future competition, but the reports do not establish a confirmed change in strategy. Report on possible advanced memory production

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a semiconductor foundry that manufactures chips designed by other companies. It provides wafer fabrication and related services, including advanced packaging, serving customers across industries such as computing, communications, automotive and consumer electronics.

Founded in 1987 and headquartered in Hsinchu, Taiwan, TSMC helped establish the dedicated foundry model, in which a manufacturer focuses on producing semiconductors for customers rather than selling its own chip designs.