Rep. Bruce Westerman Sells Off Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Representative Bruce Westerman (R-Arkansas) recently sold shares of Taiwan Semiconductor Manufacturing Company Limited NYSE: TSM. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Taiwan Semiconductor Manufacturing stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Tokyo Electron OTCMKTS: TOELY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Anheuser-Busch InBev SA/NV NYSE: BUD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Edwards Lifesciences NYSE: EW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of HSBC NYSE: HSBC on 4/21/2025.
• Sold $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 4/21/2025.
• Sold $1,001 - $15,000 in shares of DSV A/S OTCMKTS: DSDVY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Walmart NYSE: WMT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Bank of America NYSE: BAC on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Thermo Fisher Scientific NYSE: TMO on 4/21/2025.

Taiwan Semiconductor Manufacturing Stock Down 0.1%

Shares of NYSE:TSM traded down $0.28 during midday trading on Friday, reaching $193.94. The company's stock had a trading volume of 9,066,591 shares, compared to its average volume of 15,941,658. The firm has a 50 day moving average of $167.42 and a 200-day moving average of $187.40. The firm has a market capitalization of $1.01 trillion, a P/E ratio of 27.55, a PEG ratio of 0.66 and a beta of 1.21. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24. Taiwan Semiconductor Manufacturing Company Limited has a 12-month low of $133.57 and a 12-month high of $226.40.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) last released its earnings results on Thursday, April 17th. The semiconductor company reported $2.12 earnings per share for the quarter, topping analysts' consensus estimates of $2.03 by $0.09. The firm had revenue of $25.82 billion for the quarter, compared to the consensus estimate of $834.10 billion. Taiwan Semiconductor Manufacturing had a net margin of 40.51% and a return on equity of 30.47%. On average, research analysts anticipate that Taiwan Semiconductor Manufacturing Company Limited will post 9.2 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Tuesday, September 16th will be given a $0.6499 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Tuesday, September 16th. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 27.76%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on TSM shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday, April 17th. Barclays reaffirmed a "hold" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, April 25th. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. Finally, Susquehanna reiterated a "positive" rating on shares of Taiwan Semiconductor Manufacturing in a research note on Friday, April 25th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $212.00.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

A number of hedge funds have recently bought and sold shares of the company. Paragon Advisors LLC lifted its stake in Taiwan Semiconductor Manufacturing by 7.3% during the 4th quarter. Paragon Advisors LLC now owns 43,777 shares of the semiconductor company's stock valued at $8,646,000 after acquiring an additional 2,996 shares during the period. Aprio Wealth Management LLC lifted its stake in Taiwan Semiconductor Manufacturing by 20.1% during the 4th quarter. Aprio Wealth Management LLC now owns 10,570 shares of the semiconductor company's stock valued at $2,087,000 after acquiring an additional 1,772 shares during the period. Matrix Trust Co bought a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $170,000. Headwater Capital Co Ltd bought a new position in Taiwan Semiconductor Manufacturing during the 4th quarter valued at about $49,372,000. Finally, TT International Asset Management LTD lifted its stake in Taiwan Semiconductor Manufacturing by 1,146.1% during the 4th quarter. TT International Asset Management LTD now owns 407,832 shares of the semiconductor company's stock valued at $80,542,000 after acquiring an additional 375,103 shares during the period. Institutional investors own 16.51% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Taiwan Semiconductor Manufacturing

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.