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Insider Cluster (20 insiders) ·Filed Aug 10, 2026

TSM

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
NEUTRAL
Impact 2/10
Horizondays Processed2mo ago
Insider cluster: 9 insiders, $0.1M total
Actionable Insight • Neutral

The dollar value of this cluster is too small to move TSM's stock — ignore for trading purposes. Monitor for any near-term 8-K or earnings pre-announcement; if one appears within 14 days, the cluster would gain signal. In isolation, treat as a routine administrative activity with no trading edge.

DirectionNeutral
Confidencehigh
Horizondays
Latest settled — T+20d ⚠ clustered
TSM ▲ +4.91% at T+20d
NEUTRAL call +4.91% · α vs SPY +5.82% · entry $418.47 → $439.00
Next anchor: T+60d in 6d
Latest observation: T+53 +14.45% FF3 residual α
Entry = T+0 close
Aug 10, 2026
via day close
T+1d
+0.86%
call +0.86% · α +1.18%
$422.06
settled 3mo ago
T+5d
+2.93%
call +2.93% · α +2.98%
$430.75
settled 2mo ago
T+20d
+4.91%
call +4.91% · α +5.82%
$439.00
settled 7w ago
T+60d
Pending
in 6d

Price Chart

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Executive Summary

A massive insider buying cluster at TSM saw 20 executives and VPs, including the Chairman/CEO, all purchase shares on the same day (Aug 7) at $73.31, plus one VP bought 1,000 shares on Aug 3. Despite the symbolic strength of a C-suite-led cluster (CEO, Co-COOs, SVPs all buying), the total value of ~$105K represents a trivial ~0.000005% of TSM's $2.18T market cap, rendering the signal economically immaterial. The filings available show no accompanying corporate event — the cluster appears to be a routine, likely 10b5-1 or Taiwan-rule-driven window purchase rather than an informed bet.

Key Financial Metrics

Direction
buying
Total Value
$105.1K
Insiders
20

Key Facts

  • 20 insiders purchased shares on Aug 7, 2026, at $73.31/share, plus one separate purchase on Aug 3
  • Chairman and CEO Wei Che-Chia purchased $11,143 worth of shares
  • Total cluster value is approximately $105K — roughly 0.000005% of TSM's $2.18 trillion market cap
  • All purchases are open-market (code P) — no tax-withholding or grant transactions
  • No recently filed 8-K, earnings release, or other corporate event accompanies this cluster

Financial Impact

~$105K total insider purchases, trivial relative to $2.18T market cap

Risk Factors

  • Cluster may be driven by a pre-scheduled 10b5-1 plan or Taiwan-specific insider trading window — not an informational signal

Market Snapshot

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

Investment Themes

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-TSM-1786362242527
43 reports for TSM
Performance horizon
83% Hit rate @ T+20 10 of 12 directional calls Went positive at some point 12 of 14 best @ T+60▲ +39.31%Mar 30, 2026
Filters
Rows
Reports for TSM — sortable, filterable
TypeNow
Oct 27, 2026
today
SC 13G
NEUTRAL ★ 3/10
$436.20awaiting T+20—$436.87 (+0.15%)
Oct 22, 2026
5d ago
Institutional Cluster
MIXED ★ 3/10
$418.51awaiting T+20—$436.87 (+4.39%)
Oct 22, 2026
5d ago
6-K
NEUTRAL ★ 2/10
$412.35awaiting T+20—$436.87 (+5.95%)
Oct 15, 2026
12d ago
6-K
BULLISH ★ 7/10
$422.25awaiting T+20—$436.87 (+3.46%)
Oct 12, 2026
15d ago
Institutional Cluster
MIXED ★ 4/10
$444.35awaiting T+20—$436.87 (−1.68%)
Oct 8, 2026
19d ago
6-K
BULLISH ★ 6/10
$457.99awaiting T+20—$436.87 (−4.61%)
Sep 24, 2026
4w ago
6-K
NEUTRAL ★ 4/10
$451.15 $412.35▼ −8.60%▼ −8.18%$436.87 (−3.17%)
Sep 10, 2026
6w ago
6-K
BULLISH ★ 6/10
$428.03 $457.99▲ +7.00%▲ +4.88%$436.87 (+2.07%)
Sep 9, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$435.36 $472.20▲ +8.46%▲ +6.52%$436.87 (+0.35%)
Sep 4, 2026
7w ago
Insider Cluster
BULLISH ★ 4/10
$428.91 $485.80▲ +13.26%▲ +12.66%$436.87 (+1.86%)
Showing 10 of 43

US Market Status

Market Closed — Opens in 8h 9m

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Report published Aug 10, 2026