Brooklyn FI LLC Purchases New Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Brooklyn FI LLC initiated a TSMC position, buying 2,222 shares worth approximately $1.014 million in the third quarter. Other institutional investors also increased or opened positions; institutions and hedge funds own 16.51% of the company.
• Analyst sentiment is broadly positive: the article reports a consensus Buy rating and $533.89 price target, with 14 of 16 analysts rating the stock Buy or Strong Buy. Weiss Ratings lowered its rating to Hold.
• TSMC reported quarterly revenue of $46.72 billion, up 41.2% year over year, and earnings of $4.60 per share, topping estimates. Separately, October revenue rose 59.7% year over year, reflecting strong demand for advanced chips; the article notes that elevated growth expectations may pose a risk if results disappoint.

Brooklyn FI LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,222 shares of the semiconductor company's stock, valued at approximately $1,014,000.

Other large investors have also recently added to or reduced their stakes in the company. AMG National Trust Bank lifted its position in shares of Taiwan Semiconductor Manufacturing by 0.8% in the third quarter. AMG National Trust Bank now owns 27,435 shares of the semiconductor company's stock valued at $12,516,000 after buying an additional 229 shares during the last quarter. Moneco Advisors LLC raised its position in shares of Taiwan Semiconductor Manufacturing by 2.0% in the third quarter. Moneco Advisors LLC now owns 9,256 shares of the semiconductor company's stock valued at $4,223,000 after purchasing an additional 184 shares during the period. Mesirow Financial Investment Management Inc. raised its position in shares of Taiwan Semiconductor Manufacturing by 10.5% in the third quarter. Mesirow Financial Investment Management Inc. now owns 9,887 shares of the semiconductor company's stock valued at $4,511,000 after purchasing an additional 940 shares during the period. 626 Financial LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the 3rd quarter worth about $258,000. Finally, Cornerstone Wealth Management LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 6.0% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 11,868 shares of the semiconductor company's stock worth $5,414,000 after buying an additional 668 shares during the last quarter. Institutional investors and hedge funds own 16.51% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on TSM. Weiss Ratings lowered shares of Taiwan Semiconductor Manufacturing from a "buy (b)" rating to a "hold (c+)" rating in a research note on Wednesday, November 4th. DA Davidson restated a "buy" rating and set a $500.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 16th. Stifel Nicolaus initiated coverage on Taiwan Semiconductor Manufacturing in a report on Tuesday, September 1st. They set a "buy" rating and a $515.00 price objective for the company. Needham & Company LLC upped their target price 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. Finally, Sanford C. Bernstein increased their target price on Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 4th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $533.89.

Taiwan Semiconductor Manufacturing Stock Up 2.0%

Shares of TSM opened at $396.56 on Wednesday. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $266.82 and a one year high of $487.47. The company has a market cap of $2.06 trillion, a P/E ratio of 25.52, a P/E/G ratio of 0.77 and a beta of 1.44. 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 firm has a 50 day simple moving average of $430.71 and a two-hundred day simple moving average of $401.43.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share for the quarter, beating analysts' consensus estimates of $4.45 by $0.15. Taiwan Semiconductor Manufacturing had a return on equity of 42.84% and a net margin of 51.51%. The firm had revenue of $46.72 billion for the quarter, compared to the consensus estimate of $45.67 billion. During the same quarter last year, the business posted $2.92 EPS. The company's revenue was up 41.2% compared to the same quarter last year. Research analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.46 EPS for the current fiscal year.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: TSMC reported October revenue of NT$586.89 billion, up 59.7% year over year and 14.7% from September. The strong result, attributed to demand for advanced chips, points to solid momentum heading into the fourth quarter; the company has guided for quarterly revenue of up to $54.3 billion. TSMC's October sales jump as global chip boom rolls on
• Positive Sentiment: Analyst and investing coverage highlighted TSMC’s position as a key supplier for AI chips, with demand from customers including Nvidia and Apple. Some commentary also described the shares as undervalued following the semiconductor sell-off, which could attract investors if growth continues. TSMC Sales Jump Again as Nvidia and Apple Orders Keep the AI Chip Boom Going
• Positive Sentiment: Reports say TSMC plans to invest up to $1 billion, split between Anthropic and OpenAI. The move signals confidence in AI’s growth, though the investment’s direct financial contribution to TSMC is not yet clear. TSMC to invest up to $1 billion in Anthropic and OpenAI
• Neutral Sentiment: Some coverage suggests TSMC shares could be about 7% undervalued, while another notes the company’s fab expansion plans. Such expansion supports future capacity but also requires substantial investment. TSM Stock Could Be 7% Undervalued Despite Fab Expansion Plans
• Negative Sentiment: Recent AI-stock volatility remains a risk, and Wedbush reportedly says the strong sales update sets a high bar for TSMC. Shares may be vulnerable if future results or guidance fail to match elevated growth expectations. Wedbush Has a Strong Message for TSMC Stock Fans

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan acquired 1,000 shares of the company's stock in a transaction that occurred on Sunday, November 1st. The stock was acquired at an average cost of $71.49 per share, for a total transaction of $71,490.00. Following the transaction, the vice president directly owned 8,000 shares in the company, valued at $571,920. This represents a 14.29% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael R. Splinter acquired 840 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Thursday, November 5th. The stock was acquired at an average cost of $357.00 per share, for a total transaction of $299,880.00. Following the completion of the purchase, the director directly owned 8,405 shares of the company's stock, valued at $3,000,585. This represents a 11.10% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 7,869 shares of company stock valued at $823,771. 1.11% of the stock is owned by corporate insiders.

Taiwan Semiconductor Manufacturing Profile

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.

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