Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Bought by Virtus Advisers LLC

Virtus Advisers LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 112.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,110 shares of the semiconductor company’s stock after acquiring an additional 1,645 shares during the period. Virtus Advisers LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $1,419,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Pensioenfonds Rail & OV acquired a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter worth about $5,794,000. IFG Advisory LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 9.8% during the 3rd quarter. IFG Advisory LLC now owns 12,591 shares of the semiconductor company’s stock valued at $5,744,000 after buying an additional 1,122 shares during the last quarter. Trillium Asset Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 0.7% in the 3rd quarter. Trillium Asset Management LLC now owns 153,537 shares of the semiconductor company’s stock valued at $70,043,000 after buying an additional 1,038 shares during the period. Avise Financial Cooperative Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 5.6% in the 3rd quarter. Avise Financial Cooperative Inc. now owns 2,337 shares of the semiconductor company’s stock valued at $1,066,000 after buying an additional 124 shares during the period. Finally, Optas LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 4.2% in the 3rd quarter. Optas LLC now owns 2,283 shares of the semiconductor company’s stock valued at $1,041,000 after buying an additional 92 shares during the period. 16.51% of the stock is owned by hedge funds and other institutional investors.

Taiwan Semiconductor Manufacturing News Roundup

These are some of the TSM news items that stood out recently:

• Positive Sentiment: TSMC reported record October revenue of NT$586.89 billion, up 59.7% year over year. The strong growth points to continued demand for AI chips and supports expectations that the company’s capacity investments can sustain expansion. Article: TSMC Just Booked a Record NT$587 Billion Month
• Neutral Sentiment: NVIDIA’s leadership shake-up is adding uncertainty across chip stocks. TSMC may benefit from serving multiple chip designers, but tighter export controls could create broader industry headwinds. NVIDIA’s November 17 earnings report is a near-term test of AI-chip demand. Article: Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
• Negative Sentiment: TSMC confirmed that current and former employees’ personal data was exposed through a cloud provider. Reports say hackers are demanding 3 bitcoin over about 46,000 records, raising cybersecurity and reputational concerns. Article: TSMC Confirms Employee Data Leak Through Cloud Provider

Insider Transactions at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, Director Michael R. Splinter acquired 840 shares of the company’s stock in a transaction on Thursday, November 5th. The shares were bought at an average cost of $357.00 per share, with a total value of $299,880.00. Following the completion of the acquisition, the director owned 8,405 shares in the company, valued at approximately $3,000,585. This trade represents a 11.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Lipen Yuan acquired 1,000 shares of the business’s stock in a transaction dated Sunday, November 1st. The stock was acquired at an average price of $71.49 per share, with a total value of $71,490.00. Following the completion of the transaction, the vice president directly owned 8,000 shares of the company’s stock, valued at approximately $571,920. This represents a 14.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 7,869 shares of company stock valued at $823,771 in the last ninety days. 1.11% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TSM shares. DA Davidson restated a “buy” rating and issued a $500.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, October 16th. Needham & Company LLC lifted their price target on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a “buy” rating in a research report on Thursday, October 15th. Stifel Nicolaus started coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They set a “buy” rating and a $515.00 price target for the company. Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Sanford C. Bernstein upped their price objective 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. 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. According to MarketBeat, Taiwan Semiconductor Manufacturing has a consensus rating of “Buy” and a consensus price target of $533.89.

Taiwan Semiconductor Manufacturing Price Performance

Shares of Taiwan Semiconductor Manufacturing stock traded down $5.99 during trading hours on Friday, reaching $399.50. The stock had a trading volume of 10,704,547 shares, compared to its average volume of 14,768,286. The stock’s 50 day moving average is $430.12 and its 200 day moving average is $402.49. The firm has a market capitalization of $2.07 trillion, a PE ratio of 25.71, a PEG ratio of 0.81 and a beta of 1.44. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $266.82 and a twelve month high of $487.47. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. The business had revenue of $46.72 billion for the quarter, compared to analyst estimates of $45.67 billion. During the same period in the prior year, the company posted $2.92 EPS. The company’s revenue for the quarter was up 41.2% on a year-over-year basis. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.36 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 8th. Investors of record on Thursday, March 11th will be issued a $1.3663 dividend. This represents a $5.47 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, March 11th. This is a positive change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.0854. Taiwan Semiconductor Manufacturing’s payout ratio is currently 22.07%.

About Taiwan Semiconductor Manufacturing

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.