Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Jackson Wealth Management LLC

Key Points

• Jackson Wealth Management cut its TSMC stake by 90.2% in the second quarter, selling 45,819 shares and retaining 5,006 shares worth approximately $2.39 million. Institutional investors collectively own 16.51% of the company.
• TSMC insiders have been net buyers, purchasing 17,662 shares worth about $1.31 million over the past 90 days. Two vice presidents recently bought 1,000 shares each.
• Wall Street remains bullish, with a consensus “Buy” rating and an average price target of $524.25; analysts cited strong AI demand and TSMC’s leadership in advanced chip manufacturing.

Jackson Wealth Management LLC lessened its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 90.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,006 shares of the semiconductor company's stock after selling 45,819 shares during the period. Taiwan Semiconductor Manufacturing accounts for approximately 1.4% of Jackson Wealth Management LLC's portfolio, making the stock its 13th largest holding. Jackson Wealth Management LLC's holdings in Taiwan Semiconductor Manufacturing were worth $2,391,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Twin City Private Wealth LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 0.3% in the first quarter. Twin City Private Wealth LLC now owns 7,315 shares of the semiconductor company's stock worth $2,479,000 after acquiring an additional 25 shares during the last quarter. Graves Light Lenhart Wealth Inc. boosted its stake in shares of Taiwan Semiconductor Manufacturing by 3.4% during the second quarter. Graves Light Lenhart Wealth Inc. now owns 752 shares of the semiconductor company's stock valued at $359,000 after acquiring an additional 25 shares during the last quarter. OFS Enterprise LLC increased its position in Taiwan Semiconductor Manufacturing by 4.0% during the 2nd quarter. OFS Enterprise LLC now owns 653 shares of the semiconductor company's stock worth $312,000 after purchasing an additional 25 shares in the last quarter. Wealthcare Capital Partners LLC increased its position in Taiwan Semiconductor Manufacturing by 1.0% during the 2nd quarter. Wealthcare Capital Partners LLC now owns 2,606 shares of the semiconductor company's stock worth $1,244,000 after purchasing an additional 25 shares in the last quarter. Finally, Elser Financial Planning Inc raised its stake in Taiwan Semiconductor Manufacturing by 2.4% in the 2nd quarter. Elser Financial Planning Inc now owns 1,081 shares of the semiconductor company's stock valued at $516,000 after purchasing an additional 25 shares during the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other news, VP Lipen Yuan bought 1,000 shares of the firm's stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average price of $74.50 per share, for a total transaction of $74,500.00. Following the acquisition, the vice president owned 6,000 shares of the company's stock, valued at $447,000. This trade represents a 20.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Shyue-Shyh Lin bought 1,000 shares of the company's stock in a transaction that occurred on Tuesday, July 21st. The shares were acquired at an average cost of $74.13 per share, with a total value of $74,130.00. Following the transaction, the vice president owned 30,269 shares in the company, valued at approximately $2,243,840.97. This represents a 3.42% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders bought 17,662 shares of company stock valued at $1,307,491. Company insiders own 1.11% of the company's stock.

Key Headlines Impacting Taiwan Semiconductor Manufacturing

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

• Positive Sentiment: Bank of America maintained a Buy rating and set a $590 price target, citing TSMC’s leadership in advanced manufacturing nodes and silicon photonics, continued AI demand and an attractive valuation. TSMC Earns Buy Rating as Analyst Sees AI-Driven Upside
• Positive Sentiment: Billionaire investor Daniel Loeb increased his TSMC position from 275,000 to 460,000 shares, a roughly 67% increase. The purchase signals institutional confidence in the company’s AI exposure, strong earnings growth and substantial capital investment. Billionaire Investor Raises TSMC Stake 67%
• Positive Sentiment: A report on Elon Musk’s planned $119 billion chip-focused facility near Houston underscores the scale of expected semiconductor and AI infrastructure spending. TSMC could benefit indirectly if the expansion increases demand for leading-edge chips, although the article does not identify a direct TSMC contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Positive Sentiment: Additional commentary describes TSMC as a leading potential long-term winner in the AI hardware race, reinforcing the view that its manufacturing scale and technology position could support sustained demand. This Semiconductor Giant Will Be the Ultimate Winner of the AI Hardware Race
• Neutral Sentiment: Coverage comparing TSMC with ASML frames both as important semiconductor beneficiaries but does not provide a new company-specific catalyst. TSMC vs. ASML
• Neutral Sentiment: Taiwan’s stock exchange chief urged investors to look beyond TSMC, noting that the company represents about two-fifths of Taiwan’s market value. The comments highlight TSMC’s importance but also the concentration of Taiwan’s market around one company. Why the Head of Taiwan’s Stock Exchange Wants You to Look Past TSMC

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. DA Davidson raised their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Friday, July 17th. Sanford C. Bernstein upped their price objective on shares of Taiwan Semiconductor Manufacturing from $430.00 to $554.00 and gave the company an "outperform" rating in a research note on Tuesday, August 11th. Bank of America lifted their target price on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the stock a "buy" rating in a research note on Wednesday, June 24th. Susquehanna boosted their price target on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a "positive" rating in a report on Thursday, July 16th. Finally, Weiss Ratings upgraded Taiwan Semiconductor Manufacturing from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 26th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, Taiwan Semiconductor Manufacturing currently has a consensus rating of "Buy" and an average target price of $524.25.

Taiwan Semiconductor Manufacturing Price Performance

Taiwan Semiconductor Manufacturing stock opened at $415.68 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $225.63 and a 1 year high of $479.00. The firm has a 50 day moving average price of $421.95 and a 200 day moving average price of $396.76. The company has a market cap of $2.16 trillion, a price-to-earnings ratio of 29.99, a PEG ratio of 0.96 and a beta of 1.39. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.25 and a current ratio of 2.46.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.25%. The company had revenue of $39.89 billion for the quarter. Sell-side analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.45 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

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

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