TSM TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD

NEUTRAL Impact: 2/10 Insider Cluster (2 insiders)
Horizon immediate Filed May 21, 2026 Processed 24d 23h ago
Insider cluster: 2 insiders, $14.0M total
Latest settled — T+5d ⚠ clustered
TSM ▲ +3.01% at T+5d
NEUTRAL call ✓ call won +3.01% · α vs SPY +1.17% · entry $406.01 → $418.25
Next anchor: T+20d in 7d
Last close $423.93 (close Jun 12) · +4.41% from $406.01 entry
Entry anchored
May 21, 2026
via day open
T+1d
-0.44%
call -0.44% · α -0.88%
$404.23
settled 24d ago
T+5d
+3.01%
call +3.01% · α +1.17%
$418.25
settled 17d ago
T+20d
call — · α —
in 7d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Two TSM vice presidents traded in opposite directions on May 19, 2026: VP Chuang Tzu-Sou sold 200,000 shares for $13.97M (open-market), while VP Tien Bor-Zen made three small open-market purchases totaling ~$76.7K. The net direction is mixed, with the sell side overwhelmingly dominating by dollar value. However, the $14.0M sale represents only ~0.0007% of TSM's $2.08T market cap — a trivial amount that is routine for a mega-cap insider. The purchases are too small to signal conviction. No material catalyst is identified.

Key Financial Metrics

Direction
mixed
Total Value
$14.0M
Insiders
2

Actionable Insight

This cluster is routine and non-informative. The sale by VP Chuang is tiny relative to TSM's size and likely reflects personal liquidity or diversification. The VP Tien purchases are too small to signal conviction. No trading action warranted based on this filing alone.

Key Facts

  • VP Chuang Tzu-Sou sold 200,000 shares at $69.83 for $13.97M on May 19, 2026 (open-market sale).
  • VP Tien Bor-Zen purchased 1,017 shares across three transactions totaling ~$76.7K on May 19-20, 2026 (open-market buys).
  • Total cluster value is $14.04M, but this is only ~0.0007% of TSM's $2.08T market cap.
  • Net direction is mixed: one large sell, multiple small buys.
  • No 10b5-1 plan or vesting pattern is evident from the data provided.

Financial Impact

Insider sale of $13.97M is negligible relative to $2.08T market cap; purchases of $76.7K are immaterial.

insider holdingsfloat

Risk Factors

  • Insider sales at a mega-cap like TSM are almost always liquidity-driven and carry no predictive value.
  • No evidence of a material catalyst or upcoming event tied to these trades.

Market Snapshot

Exchange
OTC
Sector
Semiconductors & Related Devices
Analyst Consensus
95% bullish (43 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-TSM-1779362712893
15 reports for TSM
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for TSM — sortable, filterable
Type Now
Jun 9, 2026
5d ago
Insider Cluster
BULLISH ★ 6/10
$426.50 awaiting T+5awaiting T+5$423.93 (−0.60%)
Jun 9, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$426.21 awaiting T+5awaiting T+5$423.93 (−0.53%)
Jun 9, 2026
5d ago
Insider Cluster
BULLISH ★ 5/10
$426.20 awaiting T+5awaiting T+5$423.93 (−0.53%)
Jun 9, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$426.20 awaiting T+5awaiting T+5$423.93 (−0.53%)
Jun 9, 2026
5d ago
Insider Cluster
BULLISH ★ 5/10
$426.12 awaiting T+5awaiting T+5$423.93 (−0.51%)
May 26, 2026
19d ago
6-K
NEUTRAL ★ 2/10
$412.32 $446.60▲ +8.31%▲ +7.10%$423.93 (+2.82%)
May 21, 2026
24d ago
Insider Cluster
NEUTRAL ★ 2/10
$406.01 $424.86▲ +4.64%▲ +3.04%$423.93 (+4.41%)
May 21, 2026
24d ago
Insider Cluster
NEUTRAL ★ 2/10
$406.01 $418.25▲ +3.01%▲ +1.17%$423.93 (+4.41%)
May 19, 2026
27d ago
Insider Cluster
NEUTRAL ★ 2/10
$392.12 $421.37▲ +7.46%▲ +5.16%$423.93 (+8.11%)
May 8, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$411.27 $417.72▲ +1.57%▲ +0.11%$423.93 (+3.08%)
Showing 10 of 15

US Market Status

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