Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) went up to recover about 30.18% since recording its record low price of $34.21. The stock experienced 0.27% jump, arriving at $44.54 on 7/24/2019. During the day, the stock price traveled from $44.24 to $44.63. This company shares are 6.33% off its target price of $47.36 and the current market capitalization stands at $215.59B. The recent change has given its price a 11.3% lead over SMA 50 and -2.41% deficit over its 52-week high. The stock witnessed 11.41% gains, -1.92% declines and 22.06% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TSM’s volatility during a week at 1.55% and during a month it has been found around 1.28%.

What Does Taiwan Semiconductor Manufacturing Company Limited (TSM) Do?

The company describes itself in regulatory filings as, “Taiwan Semiconductor Manufacturing Co., Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products; information applications; wired and wireless communications systems products; automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan.” [Text can be found here: https://www.marketwatch.com/investing/stock/TSM/profile under company description.]

Taiwan Semiconductor Manufacturing Company Limited (TSM) Top Holders

Institutional investors currently hold around $45.32 billion or 20.2% in TSM stock. Look at its top three institutional owners: Jpmorgan Chase & Co owns $3.33 billion in Taiwan Semiconductor Manufacturing Company Limited, which represents roughly 1.54% of the company’s market cap and approximately 7.34% of the institutional ownership. Similar statistics are true for the second largest owner, Capital World Investors, which owns 54,076,389 shares of the stock are valued at $2.4 billion. The third largest holder is Massachusetts Financial Services Co /Ma/, which currently holds $2.37 billion worth of this stock and that ownership represents nearly 1.1% of its market capitalization.

Taiwan Semiconductor Manufacturing Company Limited 13F Filings

At the end of March reporting period, 347 institutional holders increased their position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) by some 80,050,509 shares, 339 decreased positions by 71,658,210 and 133 held positions by 868,595,095. That puts total institutional holdings at 1,020,000,000 shares, according to SEC filings. The stock grabbed 79 new institutional investments totaling 2,846,227 shares while 69 institutional investors sold out their entire positions totaling 6,658,800 shares.

Taiwan Semiconductor Manufacturing Company Limited (TSM) Analyst Guide

Several analysts have released their opinion on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), with 1 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.75 average brokerage recommendation [T1].