Rep. Gilbert Ray Cisneros Jr. (D-CA) Buys TSM Stock

Rep. Gilbert Ray Cisneros Jr., a Democrat from California's 31st district, bought shares of Taiwan Semiconductor Manufacturing Company (TSMC) on September 22, 2026. The transaction is valued between $1,001 and $15,000 and was reported on October 12, 2026, under the STOCK Act.

What Changed in Gilbert Ray Cisneros Jr.'s Position

Cisneros Jr.'s purchase adds a new position in TSMC. This move comes as the semiconductor industry continues to show strong growth potential, particularly for companies like TSMC that are pivotal in global supply chains.

Other Institutional Activity in TSMC

FMR, LLC trimmed its stake in TSMC, decreasing its holdings by 1,455,472 shares, leaving it with 58,937,551 shares valued at about $24.3 billion. In contrast, Capital World Investors increased its position by 1,486,440 shares, bringing its total to 34,372,274 shares worth approximately $14.2 billion. Blackrock Inc. also grew its stake, adding 1,888,086 shares to reach 20,112,852 shares valued at about $8.3 billion.

Taiwan Semiconductor Manufacturing Company Limited Stock Down 4.1%

As of October 16, 2026, TSMC's stock was recently trading around $413.54, which is below its 50-day moving average of $434.48 and about 15.2% under its 52-week high of $487.47. The stock is currently above its 52-week low of $266.82, reflecting a strong performance over the past year but also indicating some volatility.

Recent Earnings

In its latest fiscal year, TSMC reported trailing twelve-month revenue of approximately $4.44 trillion and an EPS of $15.43. The company has shown a revenue growth of 36% year-over-year, with a net margin of 49.9%. Its next earnings report is expected on January 12, 2027.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing Company Limited

Recently, Bor-Zen Tien, an officer at TSMC, made several purchases, buying 20 shares valued at $7,760 on April 28, 2026, and 17 shares for $6,718 on May 20, 2026. Tien also bought 10 shares at $405 each on July 20, 2026, totaling $4,050, and 15 shares at $390 each on July 28, 2026, totaling $5,850.

Analysts Set New Price Targets

On October 6, 2026, Barclays maintained an Overweight rating on TSMC with a price target of $665. Earlier, DA Davidson and Needham both reaffirmed their Buy ratings with price targets of $500 and $530 respectively. The consensus among analysts suggests a strong buy recommendation, with a mean price target of $584.39 across 20 opinions.

About TSMC

Taiwan Semiconductor Manufacturing Company Limited is a leading player in the semiconductor industry, known for manufacturing various types of integrated circuits and semiconductor devices. Its operations span across several regions, including Taiwan, China, and the United States, making it a crucial part of the global technology supply chain.

Bottom Line

Investors will be watching TSMC closely, especially with the next earnings report set for January 12, 2027. The recent insider buying and analyst support suggest confidence in the company's future growth amidst a dynamic market landscape.