Triton Wealth Management PLLC Buys 1,333 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Key Points

• Triton Wealth Management increased its TSMC stake by 34.5% in the third quarter, buying 1,333 shares to reach 5,199 shares valued at about $2.37 million.
• Analyst sentiment was broadly positive: the stock had a consensus “Buy” rating and an average price target of $533.89, although Weiss Ratings downgraded it to “Hold.”
• TSMC reported quarterly earnings and revenue above analyst expectations, with revenue up 41.2% year over year, and raised its quarterly dividend to $1.3663 per share.

Triton Wealth Management PLLC boosted its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 34.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,199 shares of the semiconductor company's stock after buying an additional 1,333 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 0.7% of Triton Wealth Management PLLC's portfolio, making the stock its 25th biggest position. Triton Wealth Management PLLC's holdings in Taiwan Semiconductor Manufacturing were worth $2,372,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in TSM. Tiger Global Management LLC lifted its position in Taiwan Semiconductor Manufacturing by 49.4% during the 1st quarter. Tiger Global Management LLC now owns 5,565,074 shares of the semiconductor company's stock worth $1,880,717,000 after buying an additional 1,839,600 shares in the last quarter. Sei Investments Co. grew its holdings in shares of Taiwan Semiconductor Manufacturing by 11.8% in the 1st quarter. Sei Investments Co. now owns 2,591,510 shares of the semiconductor company's stock valued at $875,802,000 after acquiring an additional 274,389 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of Taiwan Semiconductor Manufacturing by 67.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,717,515 shares of the semiconductor company's stock worth $783,513,000 after purchasing an additional 690,523 shares during the last quarter. Bessemer Group Inc. lifted its stake in Taiwan Semiconductor Manufacturing by 7.9% in the first quarter. Bessemer Group Inc. now owns 1,781,764 shares of the semiconductor company's stock valued at $602,147,000 after acquiring an additional 130,602 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich grew its holdings in Taiwan Semiconductor Manufacturing by 25.1% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,210,323 shares of the semiconductor company's stock worth $552,116,000 after purchasing an additional 242,640 shares during the period. Institutional investors own 16.51% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on TSM shares. Weiss Ratings cut shares of Taiwan Semiconductor Manufacturing from a "buy (b)" rating to a "hold (c+)" rating in a report on Wednesday, November 4th. Needham & Company LLC raised their target price on shares of Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a "buy" rating in a report on Thursday, October 15th. Sanford C. Bernstein boosted their target price on shares of Taiwan Semiconductor Manufacturing from $554.00 to $600.00 and gave the company an "outperform" rating in a research report on Wednesday, November 4th. Barclays upped their price target on shares of Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an "overweight" rating in a report on Friday, October 16th. Finally, DA Davidson reiterated a "buy" rating and set a $500.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $533.89.

Insiders Place Their Bets

In other Taiwan Semiconductor Manufacturing news, Director Michael R. Splinter bought 840 shares of the business's stock in a transaction dated Thursday, November 5th. The shares were purchased at an average price of $357.00 per share, for a total transaction of $299,880.00. Following the purchase, the director directly owned 8,405 shares of the company's stock, valued at approximately $3,000,585. This represents a 11.10% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lipen Yuan acquired 1,000 shares of the firm's stock in a transaction that occurred on Sunday, November 1st. The shares were bought at an average price of $71.49 per share, with a total value of $71,490.00. Following the acquisition, the vice president directly owned 8,000 shares of the company's stock, valued at $571,920. The trade was a 14.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders purchased 7,869 shares of company stock worth $823,771. 1.11% of the stock is owned by company insiders.

Trending Headlines about Taiwan Semiconductor Manufacturing

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. The stock's 50 day simple moving average is $430.71 and its 200 day simple moving average is $401.43. Taiwan Semiconductor Manufacturing Company Ltd. has a fifty-two week low of $266.82 and a fifty-two week 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 company has a market cap of $2.06 trillion, a P/E ratio of 25.52, a price-to-earnings-growth ratio of 0.77 and a beta of 1.44.

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

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently announced 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. The ex-dividend date is Thursday, March 11th. This represents a $5.47 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $1.0854. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is 22.07%.

About Taiwan Semiconductor Manufacturing

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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