ON Semiconductor (NASDAQ:ON)‘s stock had its “hold” rating reiterated by stock analysts at KeyCorp in a report issued on Monday.

A number of other equities analysts have also weighed in on ON. B. Riley restated a “buy” rating and set a $21.00 price target on shares of ON Semiconductor in a research report on Sunday, August 13th. Robert W. Baird restated a “buy” rating and set a $25.00 price target on shares of ON Semiconductor in a research report on Tuesday, October 17th. ValuEngine lowered shares of ON Semiconductor from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Jefferies Group restated a “hold” rating and set a $16.00 price target on shares of ON Semiconductor in a research report on Tuesday, September 12th. Finally, Craig Hallum boosted their price target on shares of ON Semiconductor from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. ON Semiconductor currently has an average rating of “Buy” and an average price target of $21.23.

ON Semiconductor (ON) opened at $19.42 on Monday. ON Semiconductor has a fifty-two week low of $11.85 and a fifty-two week high of $22.15. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.97 and a quick ratio of 1.25. The firm has a market cap of $8,237.23, a price-to-earnings ratio of 17.82, a price-to-earnings-growth ratio of 0.74 and a beta of 2.02.

In other ON Semiconductor news, CEO Keith D. Jackson sold 476,191 shares of the stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $19.59, for a total value of $9,328,581.69. Following the sale, the chief executive officer now directly owns 3,649,468 shares of the company’s stock, valued at approximately $71,493,078.12. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Daryl Ostrander sold 2,000 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $16.78, for a total transaction of $33,560.00. Following the completion of the sale, the director now directly owns 65,458 shares in the company, valued at $1,098,385.24. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 741,641 shares of company stock worth $14,719,465. 1.40% of the stock is owned by insiders.

Institutional investors have recently modified their holdings of the company. State Board of Administration of Florida Retirement System boosted its stake in ON Semiconductor by 1.3% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 783,224 shares of the semiconductor company’s stock worth $10,996,000 after purchasing an additional 10,400 shares during the period. ARP Americas LLC acquired a new stake in ON Semiconductor during the 3rd quarter worth $316,000. SignalPoint Asset Management LLC acquired a new stake in ON Semiconductor during the 3rd quarter worth $739,000. Commerce Bank boosted its stake in ON Semiconductor by 387.3% during the 3rd quarter. Commerce Bank now owns 74,358 shares of the semiconductor company’s stock worth $1,374,000 after purchasing an additional 59,100 shares during the period. Finally, Atwood & Palmer Inc. acquired a new stake in ON Semiconductor during the 2nd quarter worth $5,226,000. Institutional investors and hedge funds own 99.82% of the company’s stock.

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About ON Semiconductor

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.

Analyst Recommendations for ON Semiconductor (NASDAQ:ON)

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