Key Points
- Insider sale: Sudhir Gopalswamy sold 6,114 ON Semiconductor shares on March 13 at an average price of $58.67 for about $358,708, trimming his stake by 3.40% to 173,943 shares (SEC filing).
- ON Semiconductor posted quarterly EPS of $0.64 (beat by $0.02) on roughly $1.53B in revenue, a sales decline of 11.2% YoY, and issued Q1 2026 EPS guidance of $0.560–$0.660.
- The board authorized a $6.0B share buyback (up to ~32.7% of outstanding shares), while analysts hold a consensus "Hold" rating with a $64.19 price target; market cap is about $23.6B and the P/E is ~176.
ON Semiconductor Corporation (NASDAQ:ON - Get Free Report) insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $58.67, for a total value of $358,708.38. Following the completion of the transaction, the insider owned 173,943 shares in the company, valued at approximately $10,205,235.81. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
ON Semiconductor Stock Performance
Shares of ON stock opened at $59.88 on Tuesday. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39. The firm has a fifty day simple moving average of $63.67 and a two-hundred day simple moving average of $55.49. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $73.76. The firm has a market capitalization of $23.59 billion, a PE ratio of 176.12, a price-to-earnings-growth ratio of 0.62 and a beta of 1.52.
ON Semiconductor (NASDAQ:ON - Get Free Report) last released its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.02. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.54 billion. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.22%. The business's quarterly revenue was down 11.2% compared to the same quarter last year. During the same period last year, the firm earned $0.95 earnings per share. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Analysts forecast that ON Semiconductor Corporation will post 2.6 EPS for the current fiscal year.
ON Semiconductor announced that its board has authorized a share buyback program on Tuesday, November 18th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to buy up to 32.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on ON shares. Truist Financial lifted their price target on ON Semiconductor from $57.00 to $66.00 and gave the company a "hold" rating in a research note on Tuesday, February 10th. 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. Wall Street Zen downgraded ON Semiconductor from a "buy" rating to a "hold" rating in a report on Sunday. TD Cowen reissued a "buy" rating on shares of ON Semiconductor in a research report on Tuesday, February 10th. Finally, Wells Fargo & Company raised their price objective on ON Semiconductor from $70.00 to $72.00 and gave the company an "overweight" rating in a research note on Tuesday, February 10th. Twelve research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $64.19.
Check Out Our Latest Stock Analysis on ON
Hedge Funds Weigh In On ON Semiconductor
A number of hedge funds and other institutional investors have recently modified their holdings of the business. AQR Capital Management LLC increased its position in shares of ON Semiconductor by 187.9% during the first quarter. AQR Capital Management LLC now owns 121,357 shares of the semiconductor company's stock valued at $4,863,000 after acquiring an additional 79,206 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in ON Semiconductor by 61.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,335 shares of the semiconductor company's stock worth $54,000 after purchasing an additional 507 shares during the last quarter. Savant Capital LLC bought a new position in ON Semiconductor in the 2nd quarter valued at $269,000. Los Angeles Capital Management LLC purchased a new stake in shares of ON Semiconductor during the 2nd quarter valued at $460,000. Finally, National Pension Service increased its position in shares of ON Semiconductor by 19.2% during the 2nd quarter. National Pension Service now owns 25,121 shares of the semiconductor company's stock valued at $1,317,000 after purchasing an additional 4,049 shares during the last quarter. Hedge funds and other institutional investors own 97.70% of the company's stock.
ON Semiconductor News Summary
Here are the key news stories impacting ON Semiconductor this week:
- Positive Sentiment: None in the past 24–36 hours.
- Neutral Sentiment: Latest reported quarter: ON posted $0.64 EPS (beat by ~$0.02) on revenue roughly in line with expectations and issued Q1 2026 EPS guidance of $0.560–0.660 — a near-term fundamental anchor that investors cite when valuing the shares. MarketBeat ON profile & recent results
- Negative Sentiment: Insider sale disclosed: Sudhir Gopalswamy sold 6,114 ON shares on Mar 13 at an average price of $58.67 (SEC filing). Insider selling can be interpreted as a mild negative signal about near-term insider conviction. SEC filing for insider sale
- Negative Sentiment: Analyst action: Wall Street Zen recently lowered ON's rating to "Hold" (reported Mar 15). A downgrade can reduce buying pressure from sentiment-driven traders and may weigh on short-term momentum. American Banking News: Rating lowered to Hold
ON Semiconductor Company Profile
(
Get Free Report)
ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.
ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
