Vetr upgraded shares of ON Semiconductor Corp. (NASDAQ:ON) from a sell rating to a hold rating in a research note published on Tuesday. They currently have $11.98 price target on the stock.

Several other equities analysts also recently weighed in on the company. Zacks Investment Research downgraded ON Semiconductor Corp. from a buy rating to a hold rating in a research note on Monday, November 21st. B. Riley reaffirmed a buy rating and set a $15.50 target price on shares of ON Semiconductor Corp. in a research report on Saturday, November 12th. Deutsche Bank AG reaffirmed a buy rating and set a $15.00 target price on shares of ON Semiconductor Corp. in a research report on Tuesday, November 8th. Pacific Crest reaffirmed a buy rating on shares of ON Semiconductor Corp. in a research report on Tuesday, November 8th. Finally, Goldman Sachs Group Inc. reaffirmed a neutral rating and set a $13.00 target price on shares of ON Semiconductor Corp. in a research report on Wednesday, October 26th. Seven analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of $13.61.

ON Semiconductor Corp. (NASDAQ:ON) opened at 11.91 on Tuesday. ON Semiconductor Corp. has a 1-year low of $6.97 and a 1-year high of $12.69. The firm’s 50-day moving average price is $11.64 and its 200-day moving average price is $10.53. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 39.70 and a beta of 2.00.

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In other ON Semiconductor Corp. news, VP Paul E. Rolls sold 5,246 shares of the stock in a transaction dated Thursday, September 22nd. The shares were sold at an average price of $12.00, for a total transaction of $62,952.00. Following the completion of the transaction, the vice president now owns 267,202 shares in the company, valued at $3,206,424. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Paul E. Rolls sold 3,507 shares of the stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $12.50, for a total transaction of $43,837.50. Following the transaction, the vice president now owns 265,345 shares of the company’s stock, valued at approximately $3,316,812.50. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.

A number of institutional investors have recently modified their holdings of the company. Ifrah Financial Services Inc. raised its position in shares of ON Semiconductor Corp. by 1.2% in the second quarter. Ifrah Financial Services Inc. now owns 20,919 shares of the company’s stock worth $185,000 after buying an additional 257 shares in the last quarter. Emerald Mutual Fund Advisers Trust raised its position in shares of ON Semiconductor Corp. by 2.5% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 14,642 shares of the company’s stock worth $129,000 after buying an additional 356 shares in the last quarter. Amalgamated Bank raised its position in shares of ON Semiconductor Corp. by 1.4% in the second quarter. Amalgamated Bank now owns 51,432 shares of the company’s stock worth $528,000 after buying an additional 719 shares in the last quarter. Globeflex Capital L P raised its position in shares of ON Semiconductor Corp. by 0.6% in the second quarter. Globeflex Capital L P now owns 159,730 shares of the company’s stock worth $1,409,000 after buying an additional 900 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in shares of ON Semiconductor Corp. by 0.5% in the second quarter. Public Employees Retirement System of Ohio now owns 188,747 shares of the company’s stock worth $1,665,000 after buying an additional 906 shares in the last quarter. Hedge funds and other institutional investors own 96.66% of the company’s stock.

ON Semiconductor Corp. Company Profile

ON Semiconductor Corporation offers a portfolio of analog, digital and mixed signal integrated circuits (ICs), standard products, image sensors and custom devices for customers to solve their design challenges in advanced electronic systems and products. The Company operates through four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.

5 Day Chart for NASDAQ:ON

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