RDA Financial Network Cuts Stock Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM

RDA Financial Network lessened its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 14.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,868 shares of the semiconductor company’s stock after selling 2,403 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for 1.4% of RDA Financial Network’s investment portfolio, making the stock its 13th largest position. RDA Financial Network’s holdings in Taiwan Semiconductor Manufacturing were worth $6,623,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Quattro Advisors LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC purchased a new stake in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $27,000. Strategic Advocates LLC increased its holdings in Taiwan Semiconductor Manufacturing by 62.1% during the fourth quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company’s stock worth $28,000 after buying an additional 36 shares during the last quarter. Ares Financial Consulting LLC bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $29,000. Finally, Basepoint Wealth LLC bought a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth about $31,000. 16.51% of the stock is owned by hedge funds and other institutional investors.

Key Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Record demand for AI and advanced chips is keeping TSM in focus. Its dominant foundry position and ability to manufacture leading-edge processors make it a key supplier for the continuing AI infrastructure buildout. Taiwan Semiconductor in Focus as Chip Demand Hits Records
• Positive Sentiment: Fundsmith’s investor commentary highlights TSM’s technological lead, reinforcing the investment case that its manufacturing capabilities and scale are difficult for rivals to replicate. TSM’s Technological Lead in Semiconductors
• Positive Sentiment: Analysts continue to view TSM’s roughly $100 billion Arizona investment as a long-term growth opportunity. Expanding U.S. production could improve customer access and diversify manufacturing, while several years of expected AI-chip growth support the company’s earnings outlook. TSM’s Arizona Investment
• Positive Sentiment: A comparison with ASML presents TSM as the more direct way to participate in AI-chip production because of its dominant foundry market share, although both companies benefit from semiconductor investment. ASML vs. TSMC

Insider Buying and Selling

In related news, VP Bor-Zen Tien purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Tuesday, July 28th. The stock was bought at an average cost of $67.97 per share, for a total transaction of $67,970.00. Following the completion of the transaction, the vice president owned 5,000 shares in the company, valued at $339,850. This trade represents a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lipen Yuan acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were bought at an average cost of $79.19 per share, for a total transaction of $79,190.00. Following the acquisition, the vice president directly owned 5,000 shares in the company, valued at $395,950. This represents a 25.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have bought 15,857 shares of company stock worth $1,167,094. Insiders own 1.11% of the company’s stock.

Wall Street Analyst Weigh In

TSM has been the subject of a number of research reports. Wall Street Zen raised shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. Citigroup reaffirmed a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a report on Monday, July 6th. Susquehanna upped their price objective on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research note on Thursday, July 16th. Barclays upped their price objective on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the company an “overweight” rating in a research note on Friday, July 17th. Finally, TD Cowen raised their target price 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. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Taiwan Semiconductor Manufacturing presently has a consensus rating of “Buy” and an average target price of $496.25.

Taiwan Semiconductor Manufacturing Price Performance

TSM opened at $406.56 on Tuesday. The firm has a 50-day moving average price of $427.19 and a 200-day moving average price of $385.17. Taiwan Semiconductor Manufacturing Company Ltd. has a twelve month low of $223.70 and a twelve month high of $479.00. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $2.11 trillion, a price-to-earnings ratio of 29.33, a PEG ratio of 0.93 and a beta of 1.39.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. The company had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 39.37%. Equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.44 EPS for the current year.

Taiwan Semiconductor Manufacturing Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be given a dividend of $1.1136 per share. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. This represents a $4.45 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is currently 21.43%.

Taiwan Semiconductor Manufacturing Company Profile

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.