Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Smith Group Asset Management LLC

Smith Group Asset Management LLC reduced its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 88.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,610 shares of the semiconductor company’s stock after selling 12,460 shares during the quarter. Smith Group Asset Management LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $734,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fiduciary Advisors Inc. grew its stake in Taiwan Semiconductor Manufacturing by 200.0% in the third quarter. Fiduciary Advisors Inc. now owns 60 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 40 shares during the period. Cedar Mountain Advisors LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 88.2% during the second quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 30 shares during the period. Markowski Investments acquired a new position in shares of Taiwan Semiconductor Manufacturing during the second quarter worth approximately $33,000. Curry Webb Wealth Management LLC acquired a new position in shares of Taiwan Semiconductor Manufacturing during the third quarter worth approximately $39,000. Finally, Evolution Wealth Management Inc. increased its stake in Taiwan Semiconductor Manufacturing by 257.7% during the 1st quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 67 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Insider Activity

In other news, VP Bor-Zen Tien bought 1,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was bought at an average price of $73.06 per share, for a total transaction of $73,060.00. Following the completion of the acquisition, the vice president directly owned 14,051 shares in the company, valued at approximately $1,026,566.06. This trade represents a 7.66% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Lipen Yuan purchased 350 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were purchased at an average cost of $73.58 per share, for a total transaction of $25,753.00. Following the completion of the transaction, the vice president directly owned 2,000 shares of the company’s stock, valued at $147,160. This represents a 21.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 7,043 shares of company stock valued at $530,986. 1.11% of the stock is currently owned by corporate insiders.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Advanced-packaging pricing power: Reports indicate TSMC could raise prices for its CoWoS AI-chip packaging by as much as 20%, with customers including NVIDIA and AMD. Separate estimates call for 10%–20% increases in advanced packaging and 3%–6% increases for some 2-nanometer and 3-nanometer wafers. The potential increases suggest demand remains above capacity and could support revenue, margins and recovery of expansion costs. TSMC Gains 3% on Reported 20% Price Hike for AI Chip Packaging
• Positive Sentiment: Strong earnings and AI outlook: Third-quarter revenue rose 41.2% year over year to approximately $46.72 billion, while earnings per share of $4.60 exceeded the $4.45 consensus estimate. Management highlighted surging AI demand, continued advanced-node expansion and a positive 2026 outlook, reinforcing TSMC’s position as a key manufacturing beneficiary of the AI buildout. TSM vs. MU: Which Semiconductor Stock Is the Better Buy Post-Earnings?
• Positive Sentiment: Capacity expansion supports long-term growth: TSMC plans to increase advanced-packaging capacity while maintaining capital-expenditure guidance of roughly $60 billion–$64 billion. Its scale, manufacturing lead and more than 50% net margin make the company an attractive alternative for investors seeking AI exposure beyond chip designers such as NVIDIA. Beyond NVIDIA: Why TSMC Stock Looks Attractive After Q3 Earnings
• Neutral Sentiment: Risks remain: The ramp-up of 2-nanometer production and large capital investments have pressured sequential gross margins, while higher chip-manufacturing costs could eventually weigh on customers and end-market demand. Recent semiconductor volatility also shows that strong operating results have not eliminated concerns about elevated AI valuations and cyclical risk.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Weiss Ratings upgraded shares of Taiwan Semiconductor Manufacturing from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, October 21st. Sanford C. Bernstein raised their price objective 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. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Needham & Company LLC boosted their target price on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Finally, Wall Street Zen lowered shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $528.78.

Taiwan Semiconductor Manufacturing Trading Up 0.6%

Shares of Taiwan Semiconductor Manufacturing stock opened at $439.35 on Thursday. The company has a market capitalization of $2.28 trillion, a P/E ratio of 28.27, a price-to-earnings-growth ratio of 0.85 and a beta of 1.37. The stock has a fifty day simple moving average of $434.85 and a 200 day simple moving average of $398.58. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $266.82 and a 12-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 issued its quarterly earnings data on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 42.84% and a net margin of 51.51%. The business’s revenue was up 41.2% on a year-over-year basis. During the same period last year, the business earned $2.92 EPS. On average, sell-side analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company 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 is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio is currently 22.27%.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a dedicated semiconductor foundry headquartered in Hsinchu, Taiwan. The company manufactures integrated circuits for customers that design their own chips, allowing semiconductor, electronics, and technology companies to outsource production rather than operate their own fabrication facilities.

TSMC provides wafer fabrication services across a broad range of process technologies, including advanced nodes used in high-performance computing, smartphones, automotive systems, and artificial intelligence applications.