Rep. Josh Gottheimer Sells Off Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM). In a filing disclosed on February 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Taiwan Semiconductor Manufacturing stock on January 28th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

Taiwan Semiconductor Manufacturing Stock Down 1.1 %

Shares of TSM opened at $206.38 on Thursday. Taiwan Semiconductor Manufacturing Company Limited has a fifty-two week low of $122.91 and a fifty-two week high of $226.40. The company’s fifty day moving average is $205.18 and its two-hundred day moving average is $188.45. The firm has a market cap of $1.07 trillion, a PE ratio of 29.32, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last issued its earnings results on Thursday, January 16th. The semiconductor company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.08. Taiwan Semiconductor Manufacturing had a return on equity of 30.47% and a net margin of 40.51%. Analysts forecast that Taiwan Semiconductor Manufacturing Company Limited will post 9.12 earnings per share for the current year.

Analyst Ratings Changes

TSM has been the topic of a number of research reports. Needham & Company LLC reissued a “buy” rating and issued a $225.00 target price on shares of Taiwan Semiconductor Manufacturing in a research note on Thursday, January 16th. Susquehanna reissued a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Friday, October 18th. Barclays upped their target price on Taiwan Semiconductor Manufacturing from $240.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Finally, StockNews.com lowered Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Hedge Funds Weigh In On Taiwan Semiconductor Manufacturing

Institutional investors have recently added to or reduced their stakes in the company. FMR LLC lifted its stake in shares of Taiwan Semiconductor Manufacturing by 7.2% in the third quarter. FMR LLC now owns 55,974,769 shares of the semiconductor company’s stock worth $9,721,138,000 after acquiring an additional 3,783,802 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Taiwan Semiconductor Manufacturing by 1.3% during the 3rd quarter. Fisher Asset Management LLC now owns 28,767,106 shares of the semiconductor company’s stock worth $4,995,984,000 after purchasing an additional 359,854 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Taiwan Semiconductor Manufacturing by 6.0% in the 4th quarter. Van ECK Associates Corp now owns 19,392,159 shares of the semiconductor company’s stock valued at $3,829,757,000 after purchasing an additional 1,102,166 shares in the last quarter. WCM Investment Management LLC boosted its stake in shares of Taiwan Semiconductor Manufacturing by 14.1% during the 3rd quarter. WCM Investment Management LLC now owns 9,738,181 shares of the semiconductor company’s stock valued at $1,733,104,000 after buying an additional 1,206,359 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Taiwan Semiconductor Manufacturing by 32.3% during the fourth quarter. Franklin Resources Inc. now owns 8,498,063 shares of the semiconductor company’s stock worth $1,678,283,000 after buying an additional 2,074,329 shares in the last quarter. Institutional investors and hedge funds own 16.51% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.