Taiwan Semiconductor Manufacturing Company Ltd. $TSM Stock Holdings Reduced by Tactive Advisors LLC

Key Points

• Tactive Advisors reduced its TSMC stake by 31.1% in the third quarter, selling 1,154 shares and retaining 2,552 shares valued at approximately $1.16 million. Institutional investors and hedge funds collectively own 16.51% of the company.
• TSMC reported record third-quarter revenue of approximately $46.71 billion, up about 50% year over year, driven by strong demand for advanced chips used in artificial intelligence and high-performance computing.
• Analysts maintain a generally positive outlook, with the stock carrying a consensus “Buy” rating and an average price target of $524.89. Shares recently traded down 3.2% to $457.32 amid profit-taking and broader market risk aversion.

Tactive Advisors LLC reduced its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 31.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,552 shares of the semiconductor company's stock after selling 1,154 shares during the quarter. Tactive Advisors LLC's holdings in Taiwan Semiconductor Manufacturing were worth $1,164,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Toth Financial Advisory Corp raised its stake in shares of Taiwan Semiconductor Manufacturing by 2.1% during the 3rd quarter. Toth Financial Advisory Corp now owns 3,282 shares of the semiconductor company's stock worth $1,497,000 after buying an additional 68 shares during the last quarter. Whalen Wealth Management Inc. purchased a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter valued at about $524,000. City Center Advisors LLC increased its holdings in Taiwan Semiconductor Manufacturing by 24.1% during the 3rd quarter. City Center Advisors LLC now owns 566 shares of the semiconductor company's stock valued at $258,000 after acquiring an additional 110 shares in the last quarter. Venture Visionary Partners LLC raised its position in Taiwan Semiconductor Manufacturing by 34.1% during the third quarter. Venture Visionary Partners LLC now owns 10,775 shares of the semiconductor company's stock worth $4,915,000 after acquiring an additional 2,739 shares during the last quarter. Finally, Retirement Wealth Solutions LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 2,050.0% in the third quarter. Retirement Wealth Solutions LLC now owns 129 shares of the semiconductor company's stock valued at $59,000 after purchasing an additional 123 shares in the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on TSM. Citigroup reiterated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday. Zacks Research raised Taiwan Semiconductor Manufacturing from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 16th. Susquehanna increased their target price on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a "positive" rating in a report on Thursday, July 16th. TD Cowen raised their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a "hold" rating in a research report on Friday, July 17th. Finally, Weiss Ratings cut Taiwan Semiconductor Manufacturing from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $524.89.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC reported record third-quarter revenue of NT$1.49 trillion ($46.71 billion), up approximately 50% year over year and above the NT$1.46 trillion analyst consensus. The result reinforces that demand for advanced chips used in artificial intelligence and high-performance computing remains exceptionally strong. TSMC's third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: September revenue rose 54.6% year over year to NT$511.86 billion, helping produce a record quarter and exceeding expectations. Investors will now look to TSMC’s upcoming earnings outlook for guidance on AI demand, margins and capital spending. TSMC September sales hit another record as AI boom rolls on
• Positive Sentiment: GlobalFoundries agreed to a multiyear, $2 billion deal to supply silicon interposers for TSMC’s CoWoS advanced-packaging ecosystem. The partnership should help expand packaging capacity for AI systems and strengthen TSMC’s U.S. supply chain, although production at GlobalFoundries’ New York facility is not expected to ramp until the first half of 2028. GlobalFoundries Signs $2 Billion Silicon Supply Deal With Taiwan Semiconductor Manufacturing
• Positive Sentiment: Multiple TSMC executives, including CEO C.C. Wei, reported small open-market stock purchases. The transactions offer a modest confidence signal, though their relatively small dollar values limit their immediate impact. Taiwan Semiconductor Manufacturing CEO Purchases 144 Shares of Stock
• Neutral Sentiment: Industry observers say TSMC may need as much as $64 billion in annual capital spending and still may not be building enough capacity to satisfy AI-chip demand. This supports long-term growth but highlights substantial execution, depreciation and capacity-expansion risks. TSMC Plans Up to $64 Billion in Capex
• Negative Sentiment: TSMC’s strong sales were not enough to overcome profit-taking and a risk-off market backdrop, including rising oil prices and Treasury yields. The stock is also trading near its 12-month high, leaving little room for an earnings beat that merely meets already-bullish expectations.
• Negative Sentiment: Elon Musk said Tesla and SpaceX will build and operate the planned Terafab independently, rather than having TSMC run the facility. That removes a potential new manufacturing opportunity for TSMC, although TSMC could still potentially sublease part of the site. Elon Musk Rules Out Potential TSMC Role in Terafab Operations

Taiwan Semiconductor Manufacturing Trading Down 3.2%

Shares of TSM stock traded down $14.88 during mid-day trading on Thursday, hitting $457.32. 5,786,958 shares of the company's stock were exchanged, compared to its average volume of 13,043,141. The stock has a market cap of $2.37 trillion, a price-to-earnings ratio of 32.89, a PEG ratio of 1.07 and a beta of 1.37. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $266.82 and a fifty-two week high of $487.47. The stock has a 50-day simple moving average of $431.08 and a two-hundred day simple moving average of $412.62.

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. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Thursday, December 10th will be paid a $1.0854 dividend. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $4.34 dividend on an annualized basis and a dividend yield of 0.9%. This is a drop from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.1136. Taiwan Semiconductor Manufacturing's payout ratio is 24.96%.

Insider Activity at Taiwan Semiconductor Manufacturing

In other Taiwan Semiconductor Manufacturing news, VP Shyue-Shyh Lin purchased 2,000 shares of the firm's stock in a transaction that occurred on Sunday, July 19th. The stock was purchased at an average cost of $71.71 per share, with a total value of $143,420.00. Following the transaction, the vice president owned 28,269 shares in the company, valued at approximately $2,027,169.99. This trade represents a 7.61% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Lipen Yuan purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was bought at an average price of $74.50 per share, with a total value of $74,500.00. Following the completion of the acquisition, the vice president owned 6,000 shares in the company, valued at $447,000. This represents a 20.00% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 16,043 shares of company stock worth $1,185,746. 1.11% of the stock is currently owned by corporate insiders.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited NYSE: TSM, commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world's largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang, the company pioneered the pure-play foundry model, producing chips designed by other companies rather than selling products under its own semiconductor brand.

TSMC manufactures a broad range of integrated circuits, including advanced logic chips used in high-performance computing, smartphones, automotive systems, communications equipment, and consumer electronics.

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