ON Semiconductor Corp (NASDAQ:ON) EVP William Hall sold 22,583 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $23.86, for a total value of $538,830.38. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

William Hall also recently made the following trade(s):

  • On Wednesday, November 8th, William Hall sold 54,366 shares of ON Semiconductor stock. The shares were sold at an average price of $21.83, for a total value of $1,186,809.78.

Shares of ON Semiconductor Corp (NASDAQ ON) opened at $25.04 on Friday. The stock has a market capitalization of $10,621.02, a PE ratio of 22.97, a PEG ratio of 0.82 and a beta of 2.02. ON Semiconductor Corp has a 1 year low of $13.06 and a 1 year high of $25.17. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.97 and a quick ratio of 1.25.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings results on Sunday, November 5th. The semiconductor company reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by ($0.10). ON Semiconductor had a net margin of 7.22% and a return on equity of 22.97%. sell-side analysts predict that ON Semiconductor Corp will post 1.43 EPS for the current year.

Several large investors have recently modified their holdings of the company. FMR LLC grew its position in ON Semiconductor by 58.7% during the second quarter. FMR LLC now owns 40,082,107 shares of the semiconductor company’s stock worth $562,753,000 after buying an additional 14,818,360 shares in the last quarter. Vanguard Group Inc. grew its position in ON Semiconductor by 5.0% during the second quarter. Vanguard Group Inc. now owns 34,915,253 shares of the semiconductor company’s stock worth $490,210,000 after buying an additional 1,652,005 shares in the last quarter. Janus Henderson Group PLC grew its position in ON Semiconductor by 6.0% during the third quarter. Janus Henderson Group PLC now owns 34,605,410 shares of the semiconductor company’s stock worth $639,162,000 after buying an additional 1,949,089 shares in the last quarter. Capital International Investors grew its position in ON Semiconductor by 1.9% during the third quarter. Capital International Investors now owns 24,062,785 shares of the semiconductor company’s stock worth $444,440,000 after buying an additional 439,448 shares in the last quarter. Finally, Pictet Asset Management Ltd. grew its position in ON Semiconductor by 16.8% during the third quarter. Pictet Asset Management Ltd. now owns 8,576,929 shares of the semiconductor company’s stock worth $158,416,000 after buying an additional 1,234,603 shares in the last quarter. 99.75% of the stock is currently owned by institutional investors.

Several equities analysts have weighed in on the company. Loop Capital raised their target price on ON Semiconductor from $22.00 to $27.00 and gave the company a “buy” rating in a report on Tuesday, November 7th. Mizuho restated a “buy” rating and set a $24.00 target price (up from $19.00) on shares of ON Semiconductor in a report on Monday, November 6th. Piper Jaffray Companies assumed coverage on ON Semiconductor in a report on Monday, December 18th. They set a “neutral” rating and a $21.00 target price on the stock. KeyCorp restated a “hold” rating on shares of ON Semiconductor in a report on Friday, October 27th. Finally, BidaskClub upgraded ON Semiconductor from a “buy” rating to a “strong-buy” rating in a report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $22.26.

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About ON Semiconductor

ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. The Company’s segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group. The Power Solutions Group offers a range of discrete, module and integrated semiconductor products.

Insider Buying and Selling by Quarter for ON Semiconductor (NASDAQ:ON)

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