Grey Fox Wealth Advisors LLC Increases Stock Holdings in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Grey Fox Wealth Advisors LLC raised its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 41.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,353 shares of the semiconductor company's stock after acquiring an additional 1,581 shares during the quarter. Grey Fox Wealth Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $2,561,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Tiger Global Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 49.4% in the first quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company's stock valued at $1,880,717,000 after purchasing an additional 1,839,600 shares during the period. Van ECK Associates Corp increased its stake in Taiwan Semiconductor Manufacturing by 11.1% during the 4th quarter. Van ECK Associates Corp now owns 17,464,962 shares of the semiconductor company's stock worth $5,307,428,000 after buying an additional 1,750,824 shares during the period. Life Cycle Investment Partners Ltd purchased a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $495,163,000. T. Rowe Price Investment Management Inc. increased its stake in Taiwan Semiconductor Manufacturing by 168.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,093,115 shares of the semiconductor company's stock worth $636,077,000 after buying an additional 1,313,917 shares during the period. Finally, SurgoCap Partners LP acquired a new stake in Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $360,443,000. 16.51% of the stock is currently owned by hedge funds and other institutional investors.

More Taiwan Semiconductor Manufacturing News

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.

Wall Street Analysts Forecast Growth

TSM has been the subject of several recent research reports. DA Davidson raised their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a "buy" rating in a research report on Friday, July 17th. Susquehanna upped their price objective on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the stock a "positive" rating in a research report on Thursday, July 16th. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Monday, July 6th. Sanford C. Bernstein lifted their target price on Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a report on Tuesday, August 11th. Finally, Wall Street Zen cut Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $524.25.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Bor-Zen Tien bought 1,000 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average price of $73.06 per share, with a total value of $73,060.00. Following the completion of the acquisition, the vice president directly owned 14,051 shares of the company's stock, valued at $1,026,566.06. This represents a 7.66% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Lipen Yuan purchased 1,000 shares of the business's stock in a transaction on Monday, June 22nd. The stock was acquired at an average price of $79.19 per share, for a total transaction of $79,190.00. Following the completion of the purchase, the vice president owned 5,000 shares of the company's stock, valued at $395,950. This represents a 25.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders bought 16,312 shares of company stock valued at $1,207,238. Insiders own 1.11% of the company's stock.

Taiwan Semiconductor Manufacturing Stock Up 0.9%

TSM stock opened at $430.33 on Tuesday. The company's 50 day moving average price is $426.03 and its 200 day moving average price is $391.43. The firm has a market capitalization of $2.23 trillion, a price-to-earnings ratio of 31.05, a PEG ratio of 0.98 and a beta of 1.39. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $223.70 and a fifty-two week high of $479.00. 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 (NYSE:TSM - Get Free Report) last issued 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 company had revenue of $39.89 billion during the quarter. On average, equities research analysts anticipate that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 21.43%.

About Taiwan Semiconductor Manufacturing

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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