ON Semiconductor Corp (NASDAQ:ON) EVP William Hall sold 22,583 shares of the business’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 legal filing with the Securities & Exchange Commission, which is available 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 (ON) opened at $25.04 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.25 and a current ratio of 1.97. The company has a market capitalization of $10,493.77, a P/E ratio of 22.70, a price-to-earnings-growth ratio of 0.81 and a beta of 2.02. ON Semiconductor Corp has a one year low of $13.06 and a one year high of $25.17.
Several research firms have recently weighed in on ON. Vetr downgraded ON Semiconductor from a “buy” rating to a “hold” rating and set a $25.52 target price for the company. in a report on Friday. Loop Capital boosted 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 reissued a “buy” rating and issued a $24.00 target price (up from $19.00) on shares of ON Semiconductor in a report on Monday, November 6th. Piper Jaffray Companies began coverage on ON Semiconductor in a report on Monday, December 18th. They issued a “neutral” rating and a $21.00 target price for the company. Finally, KeyCorp reissued a “hold” rating on shares of ON Semiconductor in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $22.26.
Several hedge funds have recently modified their holdings of ON. Janus Henderson Group PLC purchased a new position in shares of ON Semiconductor during the 2nd quarter worth approximately $458,495,000. FMR LLC raised its stake in shares of ON Semiconductor by 58.7% during the 2nd 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. Coatue Management LLC purchased a new position in shares of ON Semiconductor during the 2nd quarter worth approximately $68,740,000. Bank of Montreal Can raised its stake in shares of ON Semiconductor by 132.3% during the 4th quarter. Bank of Montreal Can now owns 4,044,634 shares of the semiconductor company’s stock worth $84,695,000 after buying an additional 2,303,338 shares in the last quarter. Finally, Simcoe Capital Management LLC purchased a new position in shares of ON Semiconductor during the 2nd quarter worth approximately $25,182,000. 99.75% of the stock is owned by institutional investors and hedge funds.
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ON Semiconductor Company Profile
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.
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