ON Semiconductor Corporation (NASDAQ:ON) insider Bernard Raymond Colpitts, Jr. sold 2,490 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $16.31, for a total transaction of $40,611.90. Following the transaction, the insider now directly owns 24,591 shares in the company, valued at approximately $401,079.21. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Bernard Raymond Colpitts, Jr. also recently made the following trade(s):

  • On Tuesday, May 16th, Bernard Raymond Colpitts, Jr. sold 6,100 shares of ON Semiconductor Corporation stock. The shares were sold at an average price of $15.59, for a total transaction of $95,099.00.

ON Semiconductor Corporation (NASDAQ ON) traded up 2.38% during trading on Friday, hitting $15.94. 7,609,144 shares of the company traded hands. ON Semiconductor Corporation has a 52-week low of $10.08 and a 52-week high of $16.93. The company’s 50-day moving average is $15.03 and its 200 day moving average is $14.99. The firm has a market cap of $6.72 billion, a price-to-earnings ratio of 23.48 and a beta of 1.97.

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ON has been the topic of a number of research reports. Zacks Investment Research raised shares of ON Semiconductor Corporation from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Tuesday, May 9th. Stifel Nicolaus raised their target price on shares of ON Semiconductor Corporation from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, May 9th. B. Riley reissued a “buy” rating and set a $18.00 target price on shares of ON Semiconductor Corporation in a research report on Monday, May 8th. BidaskClub raised shares of ON Semiconductor Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Finally, ValuEngine downgraded shares of ON Semiconductor Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $16.97.

A number of hedge funds have recently bought and sold shares of the company. FMR LLC boosted its stake in ON Semiconductor Corporation by 58.7% in the second quarter. FMR LLC now owns 40,082,107 shares of the semiconductor company’s stock valued at $562,753,000 after buying an additional 14,818,360 shares during the period. Vanguard Group Inc. boosted its stake in ON Semiconductor Corporation by 5.0% in the second quarter. Vanguard Group Inc. now owns 34,915,253 shares of the semiconductor company’s stock valued at $490,210,000 after buying an additional 1,652,005 shares during the period. Boston Partners boosted its stake in ON Semiconductor Corporation by 5.5% in the first quarter. Boston Partners now owns 20,408,521 shares of the semiconductor company’s stock valued at $316,128,000 after buying an additional 1,068,570 shares during the period. Pictet Asset Management Ltd. boosted its stake in ON Semiconductor Corporation by 10.4% in the first quarter. Pictet Asset Management Ltd. now owns 7,376,170 shares of the semiconductor company’s stock valued at $114,257,000 after buying an additional 694,382 shares during the period. Finally, Schroder Investment Management Group boosted its stake in ON Semiconductor Corporation by 15.5% in the second quarter. Schroder Investment Management Group now owns 7,050,788 shares of the semiconductor company’s stock valued at $100,262,000 after buying an additional 948,452 shares during the period. Hedge funds and other institutional investors own 97.43% of the company’s stock.

ON Semiconductor Corporation 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.

Insider Buying and Selling by Quarter for ON Semiconductor Corporation (NASDAQ:ON)

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