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Causeway Capital Management LLC, managed by Sarah Ketterer, recently executed a significant transaction involving Taiwan Semiconductor Manufacturing Company Limited ((TSM)). The hedge fund increased its position by 3,969 shares.
Recent Updates on Taiwan Semiconductor Manufacturing Company Limited stock
TSMC shares have surged, gaining around 7–17% YTD, 7–14% over the past month, and more than 80% over the past year, recently trading near $362–$375 with implied volatility elevated and options positioning for sizable daily moves. Wall Street remains strongly bullish with a Strong Buy consensus, an average 12‑month target near $397–$410, and D.A. Davidson initiating at Buy with a $450 target, citing an execution moat, AI‑driven demand, N2/A16 nodes, and advanced packaging, even as some hedge funds modestly trim stakes.
Spark’s Take on TSM Stock
According to Spark, TipRanks’ AI Analyst, TSM is a Outperform.
The score is driven primarily by excellent financial performance (elite margins, improving growth momentum, strong balance sheet) and a constructive earnings outlook with strong AI-led guidance. These positives are moderated by an extended technical setup (overbought signals) and a relatively rich valuation (P/E ~32 with low dividend yield), plus execution and margin-dilution risks tied to elevated CapEx and global/advanced-node ramp-ups.
To see Spark’s full report on TSM stock, click here.
More about Taiwan Semiconductor Manufacturing Company Limited
YTD Price Performance: 21.13%
Average Trading Volume: 13,091,846
Current Market Cap: $1582.3B