Key Points
- ON Semiconductor CFO Trent Thad sold 20,000 shares on Dec. 3 at an average price of $55.05 for total proceeds of $1,101,000, reducing his stake by 5.01% to 379,448 shares (valued at about $20.89M).
- Board approved a $6.0 billion share repurchase program, authorizing buybacks of up to 32.7% of outstanding shares, a move that suggests management views the stock as undervalued.
- Recent quarter: EPS beat but revenue declined—ON reported $0.63 EPS versus $0.59 expected and $1.55B revenue (down 12% year-over-year), and provided Q4 2025 guidance of $0.570–$0.670 EPS.
ON Semiconductor Corporation (NASDAQ:ON - Get Free Report) CFO Trent Thad sold 20,000 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $55.05, for a total value of $1,101,000.00. Following the transaction, the chief financial officer directly owned 379,448 shares of the company's stock, valued at $20,888,612.40. The trade was a 5.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
ON Semiconductor Stock Up 1.1%
Shares of ON opened at $55.37 on Friday. The stock has a 50 day moving average price of $49.85 and a 200 day moving average price of $50.92. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.54 and a current ratio of 5.23. The stock has a market capitalization of $22.28 billion, a price-to-earnings ratio of 71.76, a PEG ratio of 3.06 and a beta of 1.57. ON Semiconductor Corporation has a one year low of $31.04 and a one year high of $70.58.
ON Semiconductor (NASDAQ:ON - Get Free Report) last released its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.04. ON Semiconductor had a net margin of 5.16% and a return on equity of 13.60%. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the prior year, the firm earned $0.99 earnings per share. The company's revenue for the quarter was down 12.0% compared to the same quarter last year. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Equities research analysts forecast that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.
ON Semiconductor announced that its board has initiated a share repurchase plan on Tuesday, November 18th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its shares are undervalued.
Analyst Ratings Changes
A number of analysts have issued reports on ON shares. Cfra reissued a "buy" rating and issued a $64.00 target price on shares of ON Semiconductor in a research report on Tuesday, November 4th. Morgan Stanley raised their target price on ON Semiconductor from $55.00 to $56.00 and gave the company an "equal weight" rating in a report on Monday, November 24th. Bank of America cut their price target on shares of ON Semiconductor from $56.00 to $52.00 and set a "neutral" rating on the stock in a research note on Friday, September 5th. TD Cowen raised their price target on ON Semiconductor from $55.00 to $60.00 and gave the stock a "buy" rating in a report on Tuesday, November 4th. Finally, Cowen reaffirmed a "buy" rating on shares of ON Semiconductor in a research note on Tuesday, November 4th. Fourteen equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $59.12.
View Our Latest Analysis on ON Semiconductor
Hedge Funds Weigh In On ON Semiconductor
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Costello Asset Management INC purchased a new position in shares of ON Semiconductor during the 1st quarter worth approximately $26,000. Private Trust Co. NA raised its stake in ON Semiconductor by 72.8% in the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 220 shares during the last quarter. Quent Capital LLC purchased a new position in ON Semiconductor in the 3rd quarter valued at about $28,000. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in ON Semiconductor by 68.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 235 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its stake in shares of ON Semiconductor by 62.3% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 218 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company's stock.
ON Semiconductor Company Profile
(
Get Free Report)
onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.
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