Activest Wealth Management Sells 1,832 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Activest Wealth Management decreased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 74.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 622 shares of the semiconductor company's stock after selling 1,832 shares during the period. Activest Wealth Management's holdings in Taiwan Semiconductor Manufacturing were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

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A number of other hedge funds have also added to or reduced their stakes in TSM. Cedar Mountain Advisors LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 88.2% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company's stock worth $31,000 after buying an additional 30 shares in the last quarter. Quattro Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $27,000. Evolution Wealth Management Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 257.7% in the first quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company's stock worth $31,000 after acquiring an additional 67 shares during the last quarter. Finally, Strategic Advocates LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 62.1% in the fourth quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 36 shares during the last quarter. 16.51% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TSM. Zacks Research upgraded shares of Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Citigroup restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Barclays boosted their target price on shares of Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an "overweight" rating in a research note on Friday, July 17th. DA Davidson upped 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. Finally, Sanford C. Bernstein increased their price target on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a research note on Tuesday, August 11th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $524.25.

Insider Activity

In related news, VP Lipen Yuan acquired 1,000 shares of the stock in a transaction dated Monday, June 22nd. The stock was bought at an average cost of $79.19 per share, for a total transaction of $79,190.00. Following the completion of the transaction, the vice president directly owned 5,000 shares of the company's stock, valued at $395,950. The trade was a 25.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Shyue-Shyh Lin acquired 1,000 shares of the stock in a transaction dated Tuesday, July 21st. The shares were bought at an average price of $74.13 per share, with a total value of $74,130.00. Following the completion of the transaction, the vice president directly owned 30,269 shares of the company's stock, valued at $2,243,840.97. The trade was a 3.42% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders purchased 16,312 shares of company stock valued at $1,207,238. Company insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Trading Up 0.9%

Shares of NYSE TSM opened at $430.33 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.25 and a current ratio of 2.46. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $223.70 and a 52-week high of $479.00. The firm has a 50 day moving average price of $426.03 and a two-hundred day moving average price of $391.43. The stock has a market cap of $2.23 trillion, a P/E ratio of 31.05, a price-to-earnings-growth ratio of 0.98 and a beta of 1.39.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.37%. The firm had revenue of $39.89 billion during the quarter. As a group, equities analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be paid a $1.0854 dividend. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 21.43%.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Strong AI-related demand is the central catalyst. Analysts and investors expect continued orders for advanced chips, while major cloud providers are committing nearly $600 billion to capital expenditures. TSMC’s dominant position in logic-chip manufacturing makes it a key beneficiary of this spending cycle. Amazon, Alphabet, and Microsoft Are Dropping Nearly $600 Billion on Capital Expenditures: 1 Clear Winner Emerges
• Positive Sentiment: TSMC’s Arizona operations are reportedly moving toward greater profitability as demand for advanced AI chips accelerates, potentially improving the strategic and financial contribution of its U.S. expansion. TSMC’s Arizona Operations Poised for Bigger Profit This Year as Advanced Chip Demand Accelerates: Report
• Positive Sentiment: Reported open-market insider purchases, strong second-quarter guidance, expected 2-nanometer demand, and recent analyst upgrades are reinforcing confidence in TSMC’s growth outlook. TSMC’s Insider Buying Wave Comes With a Bigger AI Question for Investors
• Positive Sentiment: Second-quarter 13F filings indicate that several large funds rotated from Broadcom into TSMC, a potential sign of institutional preference for TSMC’s semiconductor exposure. Wall Street’s Biggest Funds Are Dumping Broadcom and Adding Taiwan Semiconductor
• Positive Sentiment: Quantitative analysis points to a possible move toward $450 in September after recent weakness, while other bullish commentary argues that TSMC’s unusually rapid growth could persist through the decade. Why There Might Be a Case for Taiwan Semiconductor Stock at $450 in September
• Neutral Sentiment: Several articles characterize TSMC as an attractive “AI skeleton” or relatively inexpensive way to participate in data-center infrastructure growth, but these are investment opinions rather than new company announcements. TSMC: A Bargain For The AI Skeleton
• Negative Sentiment: The main risk is valuation: after a substantial AI-driven rally, investors may demand continued exceptional growth to justify the stock’s premium earnings multiple. Technical projections are also uncertain and do not eliminate semiconductor-cycle or geopolitical risks.

Taiwan Semiconductor Manufacturing Profile

Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC's service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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