ON Semiconductor Corp (NASDAQ:ON) EVP George H. Cave sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $22.85, for a total value of $68,550.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

ON Semiconductor Corp (ON) traded up $0.34 during midday trading on Thursday, hitting $22.98. The stock had a trading volume of 1,111,167 shares, compared to its average volume of 5,746,628. The firm has a market cap of $9,720.00, a PE ratio of 24.97, a P/E/G ratio of 0.75 and a beta of 2.02. ON Semiconductor Corp has a one year low of $13.02 and a one year high of $23.20. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.97 and a quick ratio of 1.25.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. increased its stake in shares of ON Semiconductor by 13.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,060 shares of the semiconductor company’s stock valued at $113,000 after buying an additional 960 shares during the period. Marshall Wace North America L.P. acquired a new stake in shares of ON Semiconductor in the 2nd quarter valued at $184,000. BB&T Securities LLC acquired a new stake in shares of ON Semiconductor in the 3rd quarter valued at $187,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of ON Semiconductor during the third quarter worth $200,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of ON Semiconductor by 11.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,851 shares of the semiconductor company’s stock worth $209,000 after purchasing an additional 1,507 shares during the period. 99.53% of the stock is owned by institutional investors.

Several equities analysts have issued reports on the company. Vetr downgraded ON Semiconductor from a “strong-buy” rating to a “buy” rating and set a $25.52 price objective for the company. in a research report on Wednesday. BidaskClub upgraded ON Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 5th. Bank of America reiterated a “buy” rating and issued a $25.00 price objective on shares of ON Semiconductor in a research report on Monday, November 13th. Zacks Investment Research downgraded ON Semiconductor from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Loop Capital lifted their price objective on ON Semiconductor from $22.00 to $27.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. ON Semiconductor currently has an average rating of “Buy” and a consensus target price of $22.16.

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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.

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

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