Burr Financial Services LLC Sells 1,349 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Burr Financial Services LLC reduced its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 3.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,683 shares of the semiconductor company’s stock after selling 1,349 shares during the quarter. Taiwan Semiconductor Manufacturing comprises 10.0% of Burr Financial Services LLC’s holdings, making the stock its 3rd largest position. Burr Financial Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $16,278,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Brookstone Capital Management increased its stake in Taiwan Semiconductor Manufacturing by 87.3% in the 2nd quarter. Brookstone Capital Management now owns 25,143 shares of the semiconductor company’s stock worth $12,008,000 after acquiring an additional 11,719 shares during the last quarter. Y Intercept Hong Kong Ltd increased its holdings in shares of Taiwan Semiconductor Manufacturing by 273.2% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 81,189 shares of the semiconductor company’s stock worth $27,438,000 after buying an additional 59,435 shares during the last quarter. Opal Capital LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 72.5% in the 1st quarter. Opal Capital LLC now owns 27,767 shares of the semiconductor company’s stock worth $9,384,000 after buying an additional 11,666 shares during the last quarter. Western Wealth Management LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 27.4% during the 1st quarter. Western Wealth Management LLC now owns 27,954 shares of the semiconductor company’s stock valued at $9,447,000 after buying an additional 6,013 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 306.7% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 52,397 shares of the semiconductor company’s stock valued at $17,728,000 after acquiring an additional 39,514 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Record quarterly revenue reinforces AI demand. TSMC reported third-quarter revenue of approximately NT$1.49 trillion ($46.7 billion), up about 50% year over year and above market expectations. September revenue rose 54.6% to NT$511.86 billion, extending a streak of strong monthly results. The figures point to robust demand for advanced chips used by Nvidia, AMD and other AI customers. TSMC’s third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: Industry developments support TSMC’s advanced-packaging ecosystem. GlobalFoundries announced a multiyear, $2 billion agreement to supply silicon interposers for TSMC’s CoWoS packaging technology in the United States. The deal, with production expected to ramp in 2028, suggests sustained long-term demand for AI and high-performance-computing infrastructure. GlobalFoundries shares rise on $2 billion TSMC agreement
• Positive Sentiment: Insider purchases provide a modest confidence signal. TSMC’s CEO, CFO, COO and multiple senior executives disclosed small open-market purchases. While the dollar amounts are limited relative to the company’s market capitalization, the broad participation is directionally supportive. Taiwan Semiconductor Manufacturing CEO purchases stock
• Neutral Sentiment: Investors are awaiting additional guidance. The revenue beat improves expectations for TSMC’s upcoming earnings discussion, particularly regarding capital spending, 2-nanometer production and the durability of AI demand. However, the market may need further guidance before extending the rally.
• Negative Sentiment: Risk-off market conditions overwhelmed the favorable company news. Broader equities weakened as oil prices and Treasury yields rose, pressuring high-valuation technology stocks. TSMC’s elevated valuation and proximity to its 52-week high may also have encouraged profit-taking after the strong run.
• Negative Sentiment: TSMC was ruled out of operating Elon Musk’s planned Terafab facility. Musk said Tesla and SpaceX will build and operate the Texas project independently, limiting a potential new U.S. manufacturing opportunity for TSMC. The announcement is a relatively small factor compared with TSMC’s core AI business. TSM Stock Falls After Musk Says TSMC Won’t Run Terafab

Insider Buying and Selling

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan acquired 350 shares of the stock in a transaction on Tuesday, August 18th. The shares were bought at an average cost of $73.58 per share, with a total value of $25,753.00. Following the transaction, the vice president owned 2,000 shares of the company’s stock, valued at approximately $147,160. This trade represents a 21.21% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Shyue-Shyh Lin bought 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Tuesday, July 21st. The stock was acquired at an average cost of $74.13 per share, with a total value of $74,130.00. Following the completion of the acquisition, the vice president directly owned 30,269 shares of the company’s stock, valued at approximately $2,243,840.97. The trade was a 3.42% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 16,043 shares of company stock worth $1,185,746 in the last ninety days. 1.11% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Weiss Ratings cut Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Sanford C. Bernstein boosted their target price on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $650.00 to $665.00 and gave the company an “overweight” rating in a report on Tuesday. Stifel Nicolaus initiated coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, September 1st. They set a “buy” rating and a $515.00 price objective on the stock. Finally, Citigroup reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday. 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. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $524.89.

Taiwan Semiconductor Manufacturing Trading Down 3.0%

NYSE TSM traded down $14.27 on Thursday, reaching $457.93. 4,332,080 shares of the company were exchanged, compared to its average volume of 13,038,535. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The business’s fifty day moving average price is $431.08 and its 200 day moving average price is $412.62. The stock has a market capitalization of $2.38 trillion, a P/E ratio of 32.94, a price-to-earnings-growth ratio of 1.07 and a beta of 1.37. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $266.82 and a fifty-two week high of $487.47.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. The business had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. Analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be issued a $1.0854 dividend. This represents a $4.34 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, December 10th. This is a negative change from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 24.96%.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.