Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock Jumps 2% on Insider Buying Activity

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) rose 2% during trading on Tuesday following insider buying activity. The stock traded as high as $400.21 and last traded at $396.5560. Approximately 13,347,650 shares traded hands during mid-day trading, an increase of 1% from the average session volume of 13,227,292 shares. The stock had previously closed at $388.62.

Specifically, Director Michael R. Splinter purchased 840 shares of the business’s stock in a transaction dated Thursday, November 5th. The stock was bought at an average price of $357.00 per share, with a total value of $299,880.00. Following the acquisition, the director owned 8,405 shares in the company, valued at approximately $3,000,585. The trade was a 11.10% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. TD Cowen raised their target price on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a report on Friday, July 17th. Barclays boosted their price target on Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the stock an “overweight” rating in a report on Friday, October 16th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Weiss Ratings lowered Taiwan Semiconductor Manufacturing from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, November 4th. Finally, Needham & Company LLC lifted their target price on Taiwan Semiconductor Manufacturing from $530.00 to $560.00 and gave the company a “buy” rating in a research report on Thursday, October 15th. Three 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 company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $533.89.

Key Headlines Impacting 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 company’s role in producing advanced chips for AI customers, including Nvidia and Apple, supports the view that demand remains robust. TSMC’s October sales jump as global chip boom rolls on
• Positive Sentiment: Reports say TSMC expects fourth-quarter revenue of up to $54.3 billion, giving investors reason to anticipate continued growth after the strong October result. TSMC’s October Sales Climb 14.7% Sequentially
• Positive Sentiment: Director Michael Splinter bought 840 shares for about $300,000, increasing his holdings by 11.1%. The purchase may signal confidence, though it is only one insider transaction. SEC filing on director share purchase
• Neutral Sentiment: TSMC reportedly plans to invest up to $1 billion in OpenAI and Anthropic. The move adds exposure to the AI ecosystem, but also commits capital beyond its core chip-manufacturing business. TSMC to invest up to $1 billion in Anthropic and OpenAI
• Negative Sentiment: Recent reports describe an AI-stock sell-off and market correction, which could weigh on semiconductor shares despite TSMC’s strong sales. The rapid growth may also leave investors with high expectations for upcoming results. AI heavyweights after the sell-off

Taiwan Semiconductor Manufacturing Stock Up 2.0%

The stock’s 50-day moving average price is $431.09 and its 200-day moving average price is $401.08. The company has a current ratio of 2.46, a quick ratio of 2.25 and a debt-to-equity ratio of 0.14. The stock has a market cap of $2.06 trillion, a price-to-earnings ratio of 25.52, a P/E/G ratio of 0.80 and a beta of 1.44.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its earnings results on Thursday, October 15th. The semiconductor company reported $4.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.45 by $0.15. The business had revenue of $46.72 billion for the quarter, compared to analyst estimates of $45.67 billion. Taiwan Semiconductor Manufacturing had a net margin of 51.51% and a return on equity of 42.84%. Taiwan Semiconductor Manufacturing’s revenue for the quarter was up 41.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.92 earnings per share. On average, sell-side analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 earnings per share for the current year.

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

Several institutional investors and hedge funds have recently made changes to their positions in TSM. Trustmark Bank Trust Department increased its position in Taiwan Semiconductor Manufacturing by 4.0% in the 3rd quarter. Trustmark Bank Trust Department now owns 27,094 shares of the semiconductor company’s stock valued at $12,360,000 after buying an additional 1,046 shares in the last quarter. Stelac Advisory Services LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $8,610,000. Bogart Wealth LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 52.2% in the third quarter. Bogart Wealth LLC now owns 46,948 shares of the semiconductor company’s stock worth $21,417,000 after acquiring an additional 16,108 shares in the last quarter. Prasad Wealth Partners LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 26.8% in the third quarter. Prasad Wealth Partners LLC now owns 1,207 shares of the semiconductor company’s stock worth $551,000 after acquiring an additional 255 shares in the last quarter. Finally, Rollins Financial Advisors LLC bought a new position in Taiwan Semiconductor Manufacturing in the third quarter worth approximately $1,832,000. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Company Profile

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.