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Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lessened its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 15. 3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,149 shares of the semiconductor company

By @MarketBeatCom · · 8 min read

Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lessened its holdings in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM-Free Report) by 15. 3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,149 shares of the semiconductor company's stock after selling 10,284 shares during the quarter. Fifth Third Bancorp's holdings in Taiwan Semiconductor Manufacturing were worth $19,314,000 at the end of the most recent quarter. GetTSMalerts:Amazon’s New Debt Deal Puts Its AI Spending Story on TrialOther hedge funds and other institutional investors also recently bought and sold shares of the company. Twin City Private Wealth LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 0. 3% in the first quarter. Twin City Private Wealth LLC now owns 7,315 shares of the semiconductor company's stock valued at $2,479,000 after purchasing an additional 25 shares in the last quarter. Financial Life Planners raised its holdings in Taiwan Semiconductor Manufacturing by 3. 4% during the first quarter. Financial Life Planners now owns 786 shares of the semiconductor company's stock worth $266,000 after purchasing an additional 26 shares in the last quarter. Corus Family Wealth Advisors lifted its position in shares of Taiwan Semiconductor Manufacturing by 1. 1% during the 1st quarter. Corus Family Wealth Advisors now owns 2,401 shares of the semiconductor company's stock worth $811,000 after buying an additional 26 shares during the last quarter. Lodestar Private Asset Management LLC lifted its position in shares of Taiwan Semiconductor Manufacturing by 0. 9% during the 1st quarter. Lodestar Private Asset Management LLC now owns 2,896 shares of the semiconductor company's stock worth $979,000 after buying an additional 27 shares during the last quarter. Finally, Mitchell Sinkler & Starr PA boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 1. 9% in the 4th quarter. Mitchell Sinkler & Starr PA now owns 1,482 shares of the semiconductor company's stock valued at $450,000 after buying an additional 28 shares in the last quarter. 16. 51% of the stock is currently owned by institutional investors and hedge funds. Insider Buying and Selling at Taiwan Semiconductor ManufacturingIn other Taiwan Semiconductor Manufacturing news, VPBor-Zen Tienbought 2,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction dated Tuesday, May 19th. The stock was acquired at an average cost of $69. 91 per share, with a total value of $139,820. 00. Following the completion of the acquisition, the vice president owned 11,051 shares of the company's stock, valued at approximately $772,575. 41. This represents a 22. 10% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible throughthis hyperlink. Also, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $69. 83, for a total transaction of $13,966,000. 00. Following the sale, the vice president owned 2,495,165 shares of the company's stock, valued at $174,237,371. 95. This trade represents a 7. 42% decrease in their position. The disclosure for this sale is available in theSEC filing. Over the last three months, insiders have acquired 6,857 shares of company stock worth $512,334. 1. 11% of the stock is owned by company insiders. Trending Headlines about Taiwan Semiconductor ManufacturingA Market Panic Just Discounted the AI Highway's TollboothHere are the key news stories impacting Taiwan Semiconductor Manufacturing this week:Positive Sentiment:TSMC posted record June revenue and beat second-quarter sales expectations, signaling that AI-driven demand remains strong ahead of earnings. Reuters articlePositive Sentiment:The company said June revenue jumped 67. 9% year over year and first-half revenue rose 35. 6%, reinforcing momentum in AI and advanced chip demand. CNBC articlePositive Sentiment:TSMC is expanding its advanced chip packaging capacity in Taiwan, which supports longer-term growth and shows management is investing to meet strong demand. Reuters articleNeutral Sentiment:Analysts are highlighting TSMC’s upcoming earnings release as a key test for whether AI-chip strength can keep driving the stock higher. Zacks articleNeutral Sentiment:Broader market weakness and a selloff in memory-chip stocks are creating mixed sector sentiment, which may be tempering enthusiasm despite TSMC’s strong results. Yahoo Finance articleNegative Sentiment:Some commentary suggests investors are questioning how long the AI spending boom can last, which could limit upside after the rally. Barron's articleTaiwan Semiconductor Manufacturing Stock PerformanceShares ofTSMopened at $421. 43 on Tuesday. The company's 50 day simple moving average is $426. 65 and its 200-day simple moving average is $375. 34. The firm has a market cap of $2. 19 trillion, a PE ratio of 35. 06, a price-to-earnings-growth ratio of 1. 09 and a beta of 1. 36. Taiwan Semiconductor Manufacturing Company Ltd. has a 12-month low of $223. 70 and a 12-month high of $479. 00. The company has a current ratio of 2. 49, a quick ratio of 2. 31 and a debt-to-equity ratio of 0. 16. The AI Chip Sell-Off Looks Scary, But the Real Story May Be LiquidityTaiwan Semiconductor Manufacturing (NYSE:TSM-Get Free Report) last released its quarterly earnings results on Wednesday, April 15th. The semiconductor company reported $3. 49 EPS for the quarter, beating the consensus estimate of $3. 31 by $0. 18. Taiwan Semiconductor Manufacturing had a net margin of 46. 97% and a return on equity of 36. 81%. The firm had revenue of $35. 49 billion during the quarter, compared to the consensus estimate of $35. 47 billion. During the same quarter in the prior year, the firm earned $2. 12 EPS. Taiwan Semiconductor Manufacturing's revenue for the quarter was up 40. 6% on a year-over-year basis. As a group, equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15. 39 EPS for the current year. Taiwan Semiconductor Manufacturing Increases DividendThe firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a $1. 1136 dividend. This is a boost from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0. 95. This represents a $4. 45 dividend on an annualized basis and a yield of 1. 1%. The ex-dividend date is Wednesday, September 16th. Taiwan Semiconductor Manufacturing's dividend payout ratio (DPR) is presently 24. 71%. Analyst Upgrades and DowngradesTSM has been the topic of a number of recent analyst reports. Bank of America increased their target price on shares of Taiwan Semiconductor Manufacturing from $490. 00 to $590. 00 and gave the company a "buy" rating in a research report on Wednesday, June 24th. Zacks Research downgraded shares of Taiwan Semiconductor Manufacturing from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 16th. Wall Street Zenraised Taiwan Semiconductor Manufacturing from a "hold" rating to a "buy" rating in a report on Sunday, March 22nd. Weiss Ratingsreiterated a "buy (b-)" rating on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, June 17th. Finally, Susquehanna lifted their target price on Taiwan Semiconductor Manufacturing from $500. 00 to $575. 00 and gave the stock a "positive" rating in a research report on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $449. 38. Check Out Our Latest Stock Analysis on TSMTaiwan Semiconductor Manufacturing Company Profile(Free Report)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. Featured ArticlesFive stocks we like better than Taiwan Semiconductor ManufacturingThe SK Hynix IPO and 2027’s AI Memory SqueezeMeta Platforms Stock Rises as Muse Spark 1. 1 AI Model DebutsWhy Welltower's Growth Story Might Outrun Its Rich ValuationOne Short- and One Long-Term ETF for Quantum Computing BullsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Should You Invest $1,000 in Taiwan Semiconductor Manufacturing Right Now?Before you consider Taiwan Semiconductor Manufacturing, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and Taiwan Semiconductor Manufacturing wasn't on the list. While Taiwan Semiconductor Manufacturing currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereRobotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. 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