123,407 Shares in onsemi $ON Acquired by Totem Point Management LLC

Totem Point Management LLC bought a new position in shares of onsemi (NASDAQ:ON) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 123,407 shares of the semiconductor company’s stock, valued at approximately $6,682,000. onsemi comprises 6.7% of Totem Point Management LLC’s portfolio, making the stock its 9th biggest holding.

Other large investors also recently bought and sold shares of the company. CVA Family Office LLC raised its stake in onsemi by 83.7% during the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 215 shares during the period. Root Financial Partners LLC raised its stake in onsemi by 42.1% during the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares during the period. Darwin Wealth Management LLC purchased a new position in onsemi during the second quarter worth approximately $32,000. Deseret Mutual Benefit Administrators raised its stake in onsemi by 28.2% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 160 shares during the period. Finally, Close Asset Management Ltd purchased a new position in onsemi during the third quarter worth approximately $38,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ON. Wall Street Zen raised shares of onsemi from a “hold” rating to a “buy” rating in a research note on Monday, April 13th. Roth Mkm reissued a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Barclays raised their target price on shares of onsemi from $75.00 to $100.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Citigroup raised their target price on shares of onsemi from $100.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Cantor Fitzgerald raised their target price on shares of onsemi from $95.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, onsemi presently has an average rating of “Moderate Buy” and an average target price of $94.68.

onsemi Stock Performance

Shares of ON stock opened at $118.25 on Wednesday. The company’s fifty day simple moving average is $103.05 and its 200-day simple moving average is $75.44. The company has a market cap of $46.34 billion, a PE ratio of 83.87, a P/E/G ratio of 1.12 and a beta of 1.97. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41.

onsemi (NASDAQ:ON) last released its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the business earned $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, equities research analysts anticipate that onsemi will post 3.09 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the sale, the chief financial officer directly owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This trade represents a 9.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.35% of the company’s stock.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Analyst sentiment remains constructive, with Citi recently raising its price target and placing onsemi on Upside Catalyst Watch ahead of its Analyst Day, reflecting optimism around data-center power exposure and advanced power technologies.
• Positive Sentiment: Recent operating results were solid, with onsemi beating quarterly EPS and revenue estimates and guiding to higher Q2 EPS, supporting the longer-term growth story.
• Neutral Sentiment: Vadzo Imaging introduced new cameras built on onsemi’s Hyperlux LP AR0544 sensor, highlighting continued demand for its imaging and sensing technology. Article: Vadzo Imaging Introduces Falcon-544MRS: 5MP Monochrome USB Camera Based on Onsemi Hyperlux LP AR0544
• Negative Sentiment: Market reports linked the decline to a sector-wide semiconductor selloff, suggesting the move is more macro-driven than company-specific.
• Negative Sentiment: Insider selling has remained the dominant pattern over the past six months, which may add to investor caution around the name.

onsemi Profile

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.