Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. lessened its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 73.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 783 shares of the semiconductor company’s stock after selling 2,113 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $357,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management raised its stake in Taiwan Semiconductor Manufacturing by 87.3% during the 2nd quarter. Brookstone Capital Management now owns 25,143 shares of the semiconductor company’s stock valued at $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 first quarter. Y Intercept Hong Kong Ltd now owns 81,189 shares of the semiconductor company’s stock valued at $27,438,000 after purchasing an additional 59,435 shares during the period. Opal Capital LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 72.5% in the first quarter. Opal Capital LLC now owns 27,767 shares of the semiconductor company’s stock valued at $9,384,000 after acquiring an additional 11,666 shares in the last quarter. Western Wealth Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 27.4% in the first quarter. Western Wealth Management LLC now owns 27,954 shares of the semiconductor company’s stock valued at $9,447,000 after acquiring an additional 6,013 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 306.7% in the first 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 in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Analyst Upgrades and Downgrades

TSM has been the subject of several analyst reports. DA Davidson increased their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Weiss Ratings cut Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, October 6th. Zacks Research raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Needham & Company LLC increased their price objective on Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Finally, Wall Street Zen downgraded Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $524.89.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Analysts expect another strong quarter, with AI demand potentially driving approximately 50% year-over-year revenue growth. JPMorgan and Citigroup reportedly see additional revenue upside even after TSMC produced record quarterly sales. What analysts are watching with key semiconductor maker TSMC set to report results
• Positive Sentiment: TSMC’s dominant position in advanced foundry manufacturing, pricing power, capacity expansion and rising AI-chip demand support expectations for continued earnings growth. One analyst raised projected FY2026 EPS to $16.92 and FY2027 EPS to $22.26. TSMC investment outlook
• Neutral Sentiment: Options traders anticipate a sizable post-earnings move, potentially bringing TSM shares closer to their recent high. The report is therefore a major near-term catalyst, with guidance and gross margins likely more important than headline revenue alone. Expected TSMC earnings move
• Negative Sentiment: Investors appear concerned that much of the AI growth opportunity is already reflected in TSMC’s valuation. The stock has retreated from its early-October peak despite record revenue, increasing pressure on management to deliver stronger margins and guidance. TSMC earnings and AI valuation
• Negative Sentiment: Broader profit-taking across semiconductor stocks and warnings from investor Michael Burry that chip and Nasdaq shares may be overvalued are adding pressure to the sector. Historical analysis also suggests TSMC shares can react poorly after earnings when expectations are elevated. Michael Burry on chip stocks

Insider Activity at Taiwan Semiconductor Manufacturing

In other news, VP Bor-Zen Tien bought 3,000 shares of the stock in a transaction on Tuesday, July 21st. The shares were bought at an average price of $74.39 per share, with a total value of $223,170.00. Following the completion of the acquisition, the vice president owned 4,000 shares of the company’s stock, valued at approximately $297,560. This trade represents a 300.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Lipen Yuan purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, August 18th. The stock was acquired at an average cost of $74.50 per share, for a total transaction of $74,500.00. Following the acquisition, the vice president directly owned 6,000 shares of the company’s stock, valued at approximately $447,000. This represents a 20.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought 16,043 shares of company stock valued at $1,185,746 in the last ninety days. Corporate insiders own 1.11% of the company’s stock.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock traded down $14.09 during mid-day trading on Wednesday, reaching $431.03. The company had a trading volume of 7,485,910 shares, compared to its average volume of 12,991,842. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $266.82 and a 1 year high of $487.47. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. The company has a market capitalization of $2.24 trillion, a P/E ratio of 31.13, a P/E/G ratio of 0.98 and a beta of 1.37. The stock’s 50-day simple moving average is $434.46 and its 200-day simple moving average is $415.74.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. On average, equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.60 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be paid a $1.0854 dividend. This represents a $4.34 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, December 10th. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 24.96%.

About Taiwan Semiconductor Manufacturing

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.