ON Semiconductor Corporation (NASDAQ:ON - Get Free Report) CFO Trent Thad sold 30,000 shares of the business's stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the transaction, the chief financial officer directly owned 301,194 shares of the company's stock, valued at $28,011,042. This trade represents a 9.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Trent Thad also recently made the following trade(s):
- On Thursday, April 16th, Trent Thad sold 30,000 shares of ON Semiconductor stock. The stock was sold at an average price of $80.00, for a total value of $2,400,000.00.
- On Thursday, February 12th, Trent Thad sold 60,000 shares of ON Semiconductor stock. The stock was sold at an average price of $71.22, for a total value of $4,273,200.00.
ON Semiconductor Stock Down 0.4%
NASDAQ:ON opened at $98.04 on Tuesday. ON Semiconductor Corporation has a 1 year low of $37.19 and a 1 year high of $100.30. The stock has a 50-day moving average price of $68.07 and a two-hundred day moving average price of $59.93. The stock has a market cap of $38.56 billion, a price-to-earnings ratio of 288.36, a PEG ratio of 0.99 and a beta of 1.53. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39.
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 the consensus estimate of $0.62 by $0.02. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.The business had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.54 billion. During the same quarter in the previous year, the business posted $0.95 EPS. ON Semiconductor's revenue for the quarter was down 11.2% on a year-over-year basis. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. As a group, equities analysts expect that ON Semiconductor Corporation will post 2.93 earnings per share for the current year.
Key ON Semiconductor News
Here are the key news stories impacting ON Semiconductor this week:
- Positive Sentiment: Expanded strategic collaboration with NIO to support next‑generation 900V EV platforms using onsemi’s EliteSiC power technology — a direct demand catalyst for high‑voltage SiC power devices, with NIO models (including the ES9) to be showcased at the Beijing Auto Show. onsemi and NIO Expand Strategic Collaboration
- Positive Sentiment: Sector tailwind: coverage highlights a rally in industrial/automotive chips driven by AI and EV electrification — supports a multi‑year demand story for onsemi’s power and sensing products. Industrial Chips Are in Rally Mode—5 Ways to Play
- Neutral Sentiment: Analyst frames and institutional flows are mixed: several price targets published in recent months sit below the current market level, and quarter‑end portfolio moves show both sizable adds and reductions — this suggests upside is contingent on execution and continued demand visibility. Quiver Quant: onsemi Expands Collaboration
- Negative Sentiment: Insider selling: CFO Trent Thad sold 30,000 shares on April 23 under a pre‑arranged 10b5‑1 plan (SEC filing). Quiver data also shows recent insider sell activity — which can prompt short‑term profit‑taking or feed perception of reduced insider conviction despite the company’s commercial wins. SEC filing: Trent Thad sale
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the stock. Truist Financial increased their price objective on shares of ON Semiconductor from $57.00 to $66.00 and gave the stock a "hold" rating in a research report on Tuesday, February 10th. Piper Sandler boosted their price objective on shares of ON Semiconductor from $65.00 to $75.00 and gave the company an "overweight" rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. increased their target price on ON Semiconductor from $56.00 to $70.00 and gave the stock a "neutral" rating in a report on Tuesday, February 10th. Evercore reissued an "outperform" rating on shares of ON Semiconductor in a research note on Wednesday, January 7th. Finally, Bank of America upgraded ON Semiconductor from a "neutral" rating to a "buy" rating and boosted their price target for the company from $70.00 to $85.00 in a report on Monday, April 13th. Fourteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $67.15.
Read Our Latest Stock Report on ON
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in ON. Ameriprise Financial Inc. grew its position in ON Semiconductor by 7.7% in the second quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company's stock valued at $639,716,000 after purchasing an additional 877,533 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in ON Semiconductor by 8.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,363,805 shares of the semiconductor company's stock worth $360,828,000 after buying an additional 474,725 shares in the last quarter. Norges Bank acquired a new position in shares of ON Semiconductor during the 4th quarter worth about $330,885,000. Rafferty Asset Management LLC grew its holdings in shares of ON Semiconductor by 55.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company's stock valued at $305,943,000 after acquiring an additional 2,072,125 shares in the last quarter. Finally, Pictet Asset Management Holding SA grew its holdings in shares of ON Semiconductor by 15.5% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,597,886 shares of the semiconductor company's stock valued at $284,495,000 after acquiring an additional 615,905 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company's stock.
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.
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