Rep. Rick W. Allen Acquires Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)

Representative Rick W. Allen (Republican-Georgia) recently bought shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM). In a filing disclosed on September 22nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Taiwan Semiconductor Manufacturing stock on August 12th. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.

Representative Rick W. Allen also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/12/2026.
• Sold $15,001 – $50,000 in shares of Rollins (NYSE:ROL) on 8/12/2026.
• Sold $15,001 – $50,000 in shares of Abbott Laboratories (NYSE:ABT) on 7/14/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 7/14/2026.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 7/14/2026.

Taiwan Semiconductor Manufacturing Stock Performance

Shares of TSM stock opened at $446.57 on Thursday. The firm has a 50-day moving average of $419.04 and a 200-day moving average of $404.06. The company has a market cap of $2.32 trillion, a P/E ratio of 32.22, a P/E/G ratio of 1.00 and a beta of 1.39. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.46 and a quick ratio of 2.25. Taiwan Semiconductor Manufacturing Company Ltd. has a one year low of $266.82 and a one year high of $479.00.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly 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 business had revenue of $39.89 billion for the quarter. Equities research analysts forecast 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. Stockholders of record on Thursday, December 10th will be paid a $1.0854 dividend. The ex-dividend date is Thursday, December 10th. This represents a $4.34 annualized dividend and a dividend yield of 1.0%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is presently 25.25%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. QRG Capital Management Inc. lifted its holdings in Taiwan Semiconductor Manufacturing by 18.1% during the 2nd quarter. QRG Capital Management Inc. now owns 123,108 shares of the semiconductor company’s stock worth $58,793,000 after purchasing an additional 18,908 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in Taiwan Semiconductor Manufacturing by 9.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 29,234 shares of the semiconductor company’s stock valued at $13,961,000 after buying an additional 2,606 shares in the last quarter. Silicon Valley Capital Partners increased its position in shares of Taiwan Semiconductor Manufacturing by 3,790.5% during the second quarter. Silicon Valley Capital Partners now owns 25,677 shares of the semiconductor company’s stock valued at $12,263,000 after buying an additional 25,017 shares during the period. Security National Bank of Sioux City Iowa IA bought a new stake in shares of Taiwan Semiconductor Manufacturing during the second quarter valued at about $49,000. Finally, Anchor Investment Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 4.5% in the second quarter. Anchor Investment Management LLC now owns 11,377 shares of the semiconductor company’s stock worth $5,433,000 after buying an additional 488 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Insider Activity

In other Taiwan Semiconductor Manufacturing news, SVP Shu-Hua Fang purchased 2,000 shares of the company’s stock in a transaction dated Thursday, July 2nd. The stock was purchased at an average price of $77.09 per share, for a total transaction of $154,180.00. Following the transaction, the senior vice president owned 8,206 shares in the company, valued at $632,600.54. The trade was a 32.23% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Shyue-Shyh Lin acquired 2,000 shares of the firm’s stock in a transaction that occurred on Sunday, July 19th. The stock was bought at an average price of $71.71 per share, for a total transaction of $143,420.00. Following the completion of the transaction, the vice president owned 28,269 shares of the company’s stock, valued at $2,027,169.99. The trade was a 7.61% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 19,106 shares of company stock valued at $1,417,283 over the last ninety days. 1.11% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TSM shares. Stifel Nicolaus initiated coverage on Taiwan Semiconductor Manufacturing in a research report on Tuesday, September 1st. They set a “buy” rating and a $515.00 price target for the company. DA Davidson increased their price target on shares of Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Weiss Ratings downgraded shares of Taiwan Semiconductor Manufacturing from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 9th. Barclays lifted their price objective on shares of Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Finally, Susquehanna increased their target price on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research report on Thursday, July 16th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $523.22.

Taiwan Semiconductor Manufacturing News Roundup

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

• Positive Sentiment: TSMC reportedly plans to increase wafer-founding prices by approximately 3% to 6% beginning in January 2027. Persistent AI demand and capacity constraints through 2030 could strengthen revenue growth and margins, although the report has not been confirmed by the company. TSMC Set to Raise Chip Prices Up to 6% as AI Boom Keeps Foundry Capacity Tight Through 2030
• Positive Sentiment: TSMC committed approximately $29.4 billion to capacity expansion in August 2026, signaling confidence in sustained demand for advanced chips. The investment may support future growth, particularly in AI and high-performance computing, though it also increases capital spending. TSMC Commits US$29.4 Billion to Capacity Expansion in August 2026
• Positive Sentiment: Customer tape-outs for TSMC’s A14 process are reportedly running ahead of schedule, with volume production targeted for 2028. Early customer adoption supports the company’s advanced-node leadership and longer-term growth outlook. TSMC’s A14 Gains Customer Traction Ahead of 2028 Volume Production
• Positive Sentiment: A new packaging validation hub in Kaohsiung could bring advanced packaging operations closer to suppliers and shorten qualification cycles, improving execution without requiring a disclosed increase in production capacity. TSMC Gains as Packaging Moves Closer to Its Suppliers
• Neutral Sentiment: Analysts remain broadly bullish on TSMC, but the articles note that consensus recommendations can be overly optimistic and should be weighed against the stock’s premium valuation.
• Negative Sentiment: Broader Nasdaq gains have not eliminated warning signs across technology stocks. With TSMC trading at a relatively high earnings multiple and near its 52-week high, profit-taking or a sector pullback could increase volatility.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s leading dedicated semiconductor foundry. Founded in 1987 and headquartered in Hsinchu, Taiwan, the company pioneered the pure-play foundry business model, producing chips designed by other companies rather than developing and selling branded semiconductor products of its own.

TSMC manufactures semiconductor wafers using advanced and specialty process technologies.