Oliver Luxxe Assets LLC Sells 20,140 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Oliver Luxxe Assets LLC reduced its stake in Taiwan Semiconductor Manufacturing Company by 42.3%, selling 20,140 shares to hold a total of 27,438 shares valued at approximately $4.55 million.
• Multiple institutional investors have modified their positions in Taiwan Semiconductor, with notable increases including Bahl & Gaynor Inc. raising its holdings by 223.9% to 536,913 shares.
• Despite analysts giving Taiwan Semiconductor a consensus rating of "Buy," reports indicate a mixed sentiment with several revisions to price targets, maintaining it between $240.00 and $270.00.

Oliver Luxxe Assets LLC trimmed its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 42.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,438 shares of the semiconductor company's stock after selling 20,140 shares during the quarter. Oliver Luxxe Assets LLC's holdings in Taiwan Semiconductor Manufacturing were worth $4,555,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TSM. Jump Financial LLC grew its position in Taiwan Semiconductor Manufacturing by 86.7% in the first quarter. Jump Financial LLC now owns 229,108 shares of the semiconductor company's stock worth $38,032,000 after acquiring an additional 106,415 shares in the last quarter. Cadence Bank boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 3.0% in the 1st quarter. Cadence Bank now owns 11,608 shares of the semiconductor company's stock worth $1,927,000 after purchasing an additional 340 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing by 16.5% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,428 shares of the semiconductor company's stock valued at $401,000 after purchasing an additional 344 shares during the last quarter. Bahl & Gaynor Inc. raised its holdings in Taiwan Semiconductor Manufacturing by 223.9% during the 1st quarter. Bahl & Gaynor Inc. now owns 536,913 shares of the semiconductor company's stock valued at $89,128,000 after buying an additional 371,128 shares during the period. Finally, Resolute Capital Asset Partners LLC bought a new stake in Taiwan Semiconductor Manufacturing in the first quarter worth $4,150,000. Institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

TSM has been the subject of several analyst reports. Needham & Company LLC restated a "buy" rating and issued a $270.00 target price on shares of Taiwan Semiconductor Manufacturing in a report on Thursday, July 17th. Barclays restated an "overweight" rating and set a $240.00 target price (up previously from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Susquehanna increased their price target on Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Wall Street Zen lowered Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, May 22nd. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $258.33.

Taiwan Semiconductor Manufacturing Stock Up 2.6%

Shares of NYSE:TSM opened at $233.2060 on Friday. The business's 50 day moving average is $232.56 and its 200 day moving average is $198.86. The stock has a market cap of $1.21 trillion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 1.08 and a beta of 1.19. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $134.25 and a 52-week high of $248.28. The company has a quick ratio of 2.15, a current ratio of 2.37 and a debt-to-equity ratio of 0.20.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last issued its earnings results on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.13 by $0.34. Taiwan Semiconductor Manufacturing had a return on equity of 33.37% and a net margin of 42.91%.The business had revenue of $30.07 billion during the quarter, compared to analysts' expectations of $28.50 billion. During the same period in the prior year, the business earned $1.48 EPS. The business's revenue for the quarter was up 44.4% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 EPS for the current year.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.

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