Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by MY.Alpha Management HK Advisors Ltd

Key Points

• MY.Alpha Management HK Advisors Ltd reduced its stake in Taiwan Semiconductor Manufacturing Company (TSM) by 36.2%, now holding 66,300 shares valued at approximately $11 million.
• Taiwan Semiconductor Manufacturing reported strong quarterly earnings, with $2.47 earnings per share and $30.07 billion in revenue, exceeding analysts' expectations.
• Research analysts maintain a generally positive outlook for TSM, with an average target price of $258.33 and several analysts issuing "buy" ratings.

MY.Alpha Management HK Advisors Ltd lowered its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 36.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 66,300 shares of the semiconductor company's stock after selling 37,680 shares during the period. Taiwan Semiconductor Manufacturing makes up about 5.5% of MY.Alpha Management HK Advisors Ltd's portfolio, making the stock its 7th largest position. MY.Alpha Management HK Advisors Ltd's holdings in Taiwan Semiconductor Manufacturing were worth $11,006,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of TSM. Brighton Jones LLC boosted its stake in Taiwan Semiconductor Manufacturing by 20.9% in the 4th quarter. Brighton Jones LLC now owns 10,930 shares of the semiconductor company's stock worth $2,159,000 after purchasing an additional 1,892 shares in the last quarter. Forum Financial Management LP boosted its stake in Taiwan Semiconductor Manufacturing by 10.1% in the 4th quarter. Forum Financial Management LP now owns 1,425 shares of the semiconductor company's stock worth $281,000 after purchasing an additional 131 shares in the last quarter. Capital Research Global Investors boosted its stake in Taiwan Semiconductor Manufacturing by 1.0% in the 4th quarter. Capital Research Global Investors now owns 1,735,432 shares of the semiconductor company's stock worth $342,898,000 after purchasing an additional 17,288 shares in the last quarter. Mirabella Financial Services LLP boosted its stake in Taiwan Semiconductor Manufacturing by 0.5% in the 4th quarter. Mirabella Financial Services LLP now owns 57,056 shares of the semiconductor company's stock worth $11,266,000 after purchasing an additional 272 shares in the last quarter. Finally, Seaview Investment Managers LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $10,952,000. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Price Performance

TSM traded down $8.6970 during midday trading on Tuesday, hitting $232.7130. 14,559,709 shares of the company traded hands, compared to its average volume of 10,166,554. The company has a current ratio of 2.37, a quick ratio of 2.15 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $1.21 trillion, a price-to-earnings ratio of 26.54, a PEG ratio of 1.15 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 business has a 50 day simple moving average of $231.57 and a two-hundred day simple moving average of $198.26.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The semiconductor company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.13 by $0.34. The business had revenue of $30.07 billion for the quarter, compared to the consensus estimate of $28.50 billion. Taiwan Semiconductor Manufacturing had a net margin of 42.91% and a return on equity of 33.37%. The company's revenue was up 44.4% compared to the same quarter last year. During the same period last year, the firm posted $1.48 earnings per share. Taiwan Semiconductor Manufacturing has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 9.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TSM shares. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, May 22nd. Needham & Company LLC reissued a "buy" rating and set a $270.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, July 17th. Barclays reissued an "overweight" rating and set a $240.00 price target (up from $215.00) on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, June 3rd. Finally, Susquehanna raised their price target on shares of Taiwan Semiconductor Manufacturing from $255.00 to $265.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $258.33.

Taiwan Semiconductor Manufacturing 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.