Burr Financial Services LLC Sells 1,349 Shares of Taiwan Semiconductor Manufacturing Company Ltd. $TSM

Burr Financial Services LLC lessened its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 3.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 35,683 shares of the semiconductor company’s stock after selling 1,349 shares during the period. Taiwan Semiconductor Manufacturing makes up 10.0% of Burr Financial Services LLC’s investment portfolio, making the stock its 3rd largest holding. Burr Financial Services LLC’s holdings in Taiwan Semiconductor Manufacturing were worth $16,278,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Plan A Wealth LLC lifted its holdings in Taiwan Semiconductor Manufacturing by 0.9% in the third quarter. Plan A Wealth LLC now owns 2,735 shares of the semiconductor company’s stock valued at $1,248,000 after acquiring an additional 24 shares during the period. Toth Financial Advisory Corp increased its holdings in shares of Taiwan Semiconductor Manufacturing by 2.1% in the 3rd quarter. Toth Financial Advisory Corp now owns 3,282 shares of the semiconductor company’s stock valued at $1,497,000 after purchasing an additional 68 shares in the last quarter. Whalen Wealth Management Inc. purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 3rd quarter valued at about $524,000. City Center Advisors LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 24.1% in the third quarter. City Center Advisors LLC now owns 566 shares of the semiconductor company’s stock valued at $258,000 after purchasing an additional 110 shares during the period. Finally, Venture Visionary Partners LLC boosted its holdings 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 buying an additional 2,739 shares in the last quarter. Hedge funds and other institutional investors own 16.51% of the company’s stock.

Insider Buying and Selling

In other Taiwan Semiconductor Manufacturing news, VP Shyue-Shyh Lin purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction on Tuesday, July 21st. The shares were bought at an average price of $74.13 per share, with a total value of $74,130.00. Following the purchase, the vice president directly owned 30,269 shares in the company, valued at $2,243,840.97. This trade represents a 3.42% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Lipen Yuan acquired 350 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average price of $73.58 per share, for a total transaction of $25,753.00. Following the acquisition, the vice president directly owned 2,000 shares of the company’s stock, valued at approximately $147,160. The trade was a 21.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have bought 16,043 shares of company stock worth $1,185,746. 1.11% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Needham & Company LLC increased their target price on shares of Taiwan Semiconductor Manufacturing from $480.00 to $530.00 and gave the company a “buy” rating in a report on Monday, July 27th. Zacks Research upgraded Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. TD Cowen lifted their price target on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, DA Davidson lifted their target price on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $524.89.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM traded down $14.27 during trading hours on Thursday, reaching $457.93. 4,332,080 shares of the company traded hands, compared to its average volume of 13,038,535. The stock has a market capitalization of $2.38 trillion, a PE ratio of 32.94, a price-to-earnings-growth ratio of 1.07 and a beta of 1.37. The stock has a fifty day simple moving average of $431.08 and a 200 day simple moving average of $412.62. 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 quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its 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 firm had revenue of $39.89 billion during the quarter. As a group, research analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 16.56 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Thursday, December 10th will be given a dividend of $1.0854 per share. This represents a $4.34 dividend on an annualized basis and a yield of 0.9%. This is a decrease from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $1.1136. The ex-dividend date is Thursday, December 10th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is 24.96%.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: Record quarterly revenue reinforces AI demand. TSMC reported third-quarter revenue of approximately NT$1.49 trillion ($46.7 billion), up about 50% year over year and above market expectations. September revenue rose 54.6% to NT$511.86 billion, extending a streak of strong monthly results. The figures point to robust demand for advanced chips used by Nvidia, AMD and other AI customers. TSMC’s third-quarter revenue surges to record, beating market forecast
• Positive Sentiment: Industry developments support TSMC’s advanced-packaging ecosystem. GlobalFoundries announced a multiyear, $2 billion agreement to supply silicon interposers for TSMC’s CoWoS packaging technology in the United States. The deal, with production expected to ramp in 2028, suggests sustained long-term demand for AI and high-performance-computing infrastructure. GlobalFoundries shares rise on $2 billion TSMC agreement
• Positive Sentiment: Insider purchases provide a modest confidence signal. TSMC’s CEO, CFO, COO and multiple senior executives disclosed small open-market purchases. While the dollar amounts are limited relative to the company’s market capitalization, the broad participation is directionally supportive. Taiwan Semiconductor Manufacturing CEO purchases stock
• Neutral Sentiment: Investors are awaiting additional guidance. The revenue beat improves expectations for TSMC’s upcoming earnings discussion, particularly regarding capital spending, 2-nanometer production and the durability of AI demand. However, the market may need further guidance before extending the rally.
• Negative Sentiment: Risk-off market conditions overwhelmed the favorable company news. Broader equities weakened as oil prices and Treasury yields rose, pressuring high-valuation technology stocks. TSMC’s elevated valuation and proximity to its 52-week high may also have encouraged profit-taking after the strong run.
• Negative Sentiment: TSMC was ruled out of operating Elon Musk’s planned Terafab facility. Musk said Tesla and SpaceX will build and operate the Texas project independently, limiting a potential new U.S. manufacturing opportunity for TSMC. The announcement is a relatively small factor compared with TSMC’s core AI business. TSM Stock Falls After Musk Says TSMC Won’t Run Terafab

Taiwan Semiconductor Manufacturing Company Profile

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.