4,253 Shares in Taiwan Semiconductor Manufacturing Company Ltd. $TSM Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) during the third quarter, HoldingsChannel reports. The fund bought 4,253 shares of the semiconductor company’s stock, valued at approximately $1,766,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tiger Global Management LLC lifted its stake 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 valued at $1,880,717,000 after acquiring an additional 1,839,600 shares during the period. Sei Investments Co. boosted 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 during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 7.9% in the 1st 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. Assenagon Asset Management S.A. increased its stake in shares of Taiwan Semiconductor Manufacturing by 67.2% in the third quarter. Assenagon Asset Management S.A. now owns 1,717,515 shares of the semiconductor company’s stock worth $783,513,000 after acquiring an additional 690,523 shares during the period. Finally, AMF Tjanstepension AB increased its stake in shares of Taiwan Semiconductor Manufacturing by 6.4% in the first quarter. AMF Tjanstepension AB now owns 1,632,738 shares of the semiconductor company’s stock worth $551,784,000 after acquiring an additional 98,123 shares during the period. Institutional investors and hedge funds own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Trading Up 3.6%

Shares of NYSE:TSM opened at $388.95 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $266.82 and a 12-month high of $487.47. The company has a market capitalization of $2.02 trillion, a PE ratio of 25.03, a PEG ratio of 0.80 and a beta of 1.44. The business has a 50 day moving average of $431.09 and a two-hundred day moving average of $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.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings data on Thursday, October 15th. The semiconductor company reported $4.60 EPS for the quarter, topping 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 return on equity of 42.84% and a net margin of 51.51%. The business’s quarterly revenue was up 41.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.92 EPS. As a group, analysts forecast that Taiwan Semiconductor Manufacturing Company Ltd. will post 17.07 EPS for the current year.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In other news, Director Michael R. Splinter bought 840 shares of the firm’s stock in a transaction that occurred on Thursday, November 5th. The stock was purchased at an average cost of $357.00 per share, for a total transaction of $299,880.00. Following the purchase, the director directly owned 8,405 shares in the company, valued at approximately $3,000,585. This trade represents a 11.10% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lipen Yuan purchased 1,000 shares of the stock in a transaction that occurred on Sunday, November 1st. The shares were purchased at an average cost of $71.49 per share, for a total transaction of $71,490.00. Following the completion of the acquisition, the vice president directly owned 8,000 shares of the company’s stock, valued at $571,920. This represents a 14.29% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders purchased 6,268 shares of company stock valued at $710,901. Company insiders own 1.11% of the company’s stock.

More Taiwan Semiconductor Manufacturing News

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

• Positive Sentiment: Taiwanese regulators tightened short-selling limits and authorized a NT$500 billion stabilization fund. The measures helped lift local-market sentiment and supported TSMC shares. TSMC Stocks Rise as Taiwan Curbs Short Selling and Deploys Stabilization Fund
• Positive Sentiment: A director disclosed buying 840 shares for about $300,000, increasing his direct holdings by 11.1%. Insider purchases can be viewed as a signal of confidence, although one transaction does not establish a broader trend. SEC filing on director share purchase
• Positive Sentiment: Eleven ETFs reportedly added TSMC shares, suggesting investment-fund demand that may provide some support. 11 ETFs Add to Taiwan Semiconductor
• Neutral Sentiment: Coverage was inconsistent about TSMC entering advanced memory production: one report suggested it may make memory for NVIDIA, while another said TSMC remains focused on logic chips. The uncertainty may affect expectations for future competition, but the reports do not establish a confirmed change in strategy. Report on possible advanced memory production

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Wall Street Zen cut shares of Taiwan Semiconductor Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Barclays boosted their target price on shares of Taiwan Semiconductor Manufacturing from $665.00 to $670.00 and gave the company an “overweight” rating in a research report on Friday, October 16th. Susquehanna upped their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a report on Thursday, July 16th. Zacks Research raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Weiss Ratings lowered Taiwan Semiconductor Manufacturing from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, November 4th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $533.89.

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.