Twin Capital Management Inc. Acquires Shares of 10,800 onsemi $ON

Twin Capital Management Inc. acquired a new stake in onsemi (NASDAQ:ON) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 10,800 shares of the semiconductor company’s stock, valued at approximately $585,000.

Several other large investors also recently bought and sold shares of the company. CVA Family Office LLC grew its position in shares of onsemi by 83.7% during the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after buying an additional 215 shares in the last quarter. Deseret Mutual Benefit Administrators grew its position in shares of onsemi by 62.3% during the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock worth $28,000 after buying an additional 218 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of onsemi by 68.7% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after buying an additional 235 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of onsemi during the second quarter worth approximately $32,000. Finally, Close Asset Management Ltd acquired a new stake in shares of onsemi during the third quarter worth approximately $38,000. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insiders Place Their Bets

In other onsemi news, insider Sudhir Gopalswamy sold 6,114 shares of the firm’s 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 sale, the insider directly owned 173,943 shares in the company, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the completion of the sale, the chief financial officer owned 301,194 shares in the company, valued at $28,011,042. The trade was a 9.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 66,114 shares of company stock worth $5,548,708 over the last quarter. 0.35% of the stock is currently owned by company insiders.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Analyst commentary said onsemi looks like the clearer AI power-infrastructure winner because margins are expanding and data-center revenue is climbing. Navitas vs onsemi: Which Stock Wins the AI Power Infrastructure Race?
• Positive Sentiment: onsemi is gaining ground in China’s EV market as its silicon carbide products expand into new models and next-generation EV platforms. ON Gains Ground in China EV Market: What Does it Mean for Investors?
• Neutral Sentiment: A new article also framed onsemi as a low-priced stock to watch for the next few years after the LOEWE LightSpray launch used onsemi technology, reinforcing the company’s brand and manufacturing relevance. LOEWE, On Holding (ONON) Launch LightSpray Cloudmonster Running Shoe

onsemi Stock Performance

Shares of ON opened at $109.61 on Friday. The business’s fifty day moving average price is $81.00 and its 200 day moving average price is $66.11. onsemi has a 12-month low of $40.62 and a 12-month high of $119.10. The stock has a market capitalization of $42.96 billion, a PE ratio of 77.74, a price-to-earnings-growth ratio of 0.98 and a beta of 1.94. The company has a debt-to-equity ratio of 0.41, a current ratio of 4.87 and a quick ratio of 3.14.

onsemi (NASDAQ:ON) last announced its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.49 billion. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the business posted $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Equities research analysts forecast that onsemi will post 3.09 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wall Street Zen raised shares of onsemi from a “hold” rating to a “buy” rating in a research report on Monday, April 13th. Barclays raised their price target on shares of onsemi from $75.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Mizuho raised their price target on shares of onsemi from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Tuesday. Craig Hallum reissued a “hold” rating on shares of onsemi in a research report on Tuesday, February 10th. Finally, BNP Paribas Exane upgraded onsemi from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $89.19.

About onsemi

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. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.