Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Inspire Trust Co. N.A.

Key Points

• Inspire Trust Co. cut its TSMC stake by 29.2% in the third quarter, selling 10,500 shares and retaining 25,500 shares worth about $11.6 million. Other institutional investors reported both purchases and increases in holdings.
• TSMC’s latest reported quarter beat expectations: earnings were $4.60 per share versus a $4.45 consensus, and revenue rose 41.2% year over year to $46.72 billion. The company also raised its quarterly dividend.
• Analyst sentiment remains broadly positive, with an average “Buy” rating and a $533.89 average price target. The article also cites strong October revenue growth, while noting that elevated expectations and AI-stock volatility pose risks.

Inspire Trust Co. N.A. cut its stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 29.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,500 shares of the semiconductor company's stock after selling 10,500 shares during the period. Taiwan Semiconductor Manufacturing accounts for about 1.4% of Inspire Trust Co. N.A.'s portfolio, making the stock its 20th largest position. Inspire Trust Co. N.A.'s holdings in Taiwan Semiconductor Manufacturing were worth $11,633,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Bahl & Gaynor LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 16.4% in the third quarter. Bahl & Gaynor LLC now owns 1,636,856 shares of the semiconductor company's stock valued at $746,717,000 after purchasing an additional 231,157 shares during the period. Brooklyn FI LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the third quarter worth about $1,014,000. AMG National Trust Bank lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 0.8% during the third quarter. AMG National Trust Bank now owns 27,435 shares of the semiconductor company's stock worth $12,516,000 after purchasing an additional 229 shares during the period. Moneco Advisors LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 2.0% during the third quarter. Moneco Advisors LLC now owns 9,256 shares of the semiconductor company's stock worth $4,223,000 after purchasing an additional 184 shares during the period. Finally, Mesirow Financial Investment Management Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 10.5% during the third quarter. Mesirow Financial Investment Management Inc. now owns 9,887 shares of the semiconductor company's stock worth $4,511,000 after purchasing an additional 940 shares during the period. 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 research reports. Susquehanna lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a "positive" rating in a research note on Thursday, July 16th. Citigroup reaffirmed a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, October 7th. Needham & Company LLC increased their price target on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the stock a "buy" rating in a research report on Thursday, October 15th. Sanford C. Bernstein raised their target price on Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the stock an "outperform" rating in a report on Wednesday, November 4th. Finally, TD Cowen lifted their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a "hold" rating in a research report on Friday, July 17th. Three research 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's stock. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing has an average rating of "Buy" and an average target price of $533.89.

Taiwan Semiconductor Manufacturing News Roundup

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

Taiwan Semiconductor Manufacturing Stock Up 2.0%

TSM stock 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 debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46. The firm's fifty day moving average is $430.71 and its 200 day moving average is $401.43. The firm has a market cap of $2.06 trillion, a PE ratio of 25.52, a P/E/G ratio of 0.77 and a beta of 1.44.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 8th. Investors of record on Thursday, March 11th will be issued a $1.3663 dividend. This represents a $5.47 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Thursday, March 11th. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.0854. Taiwan Semiconductor Manufacturing's payout ratio is currently 22.07%.

Insider Transactions at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Lipen Yuan purchased 1,000 shares of the stock in a transaction on Sunday, November 1st. The shares were bought at an average price of $71.49 per share, for a total transaction of $71,490.00. Following the completion of the transaction, the vice president owned 8,000 shares of the company's stock, valued at $571,920. This trade represents a 14.29% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Michael R. Splinter purchased 840 shares of the stock in a transaction on Thursday, November 5th. The shares were acquired at an average price of $357.00 per share, for a total transaction of $299,880.00. Following the transaction, 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 position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 7,869 shares of company stock valued at $823,771 in the last ninety days. 1.11% of the stock is currently owned by 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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