Insider buying isn’t the signal it used to be, with strict laws governing insider activity and trades often executed through prearranged plans, but Taiwan Semiconductor (NYSE: TSM) is sending a classic signal. Insiders aren't just buying; their purchases are picking up speed in early Q3, and in many cases, they're open-market buys. Open-market purchases mean insiders are using their own money to buy TSMC shares, reflecting strong confidence in the outlook. The outlook is underpinned by AI, robust demand across the infrastructure stack, and expansion plans that point to accelerated growth and profitability.
Who’s buying? A broad-based grouping that includes the chief executive officer (CEO), chief financial officer (CFO), chief operating officer (CFO), and a plethora of senior and regular vice presidents (VPs). However, one insider sold in 2026, which should be noted, but it does not present a red flag for investors.
