ON Semiconductor Corporation $ON Shares Sold by Alpine Global Management LLC

Alpine Global Management LLC decreased its position in shares of ON Semiconductor Corporation (NASDAQ:ON) by 54.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,748 shares of the semiconductor company’s stock after selling 11,552 shares during the quarter. Alpine Global Management LLC’s holdings in ON Semiconductor were worth $481,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ON. Sunbelt Securities Inc. grew its holdings in ON Semiconductor by 13.7% in the third quarter. Sunbelt Securities Inc. now owns 1,950 shares of the semiconductor company’s stock valued at $96,000 after purchasing an additional 235 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of ON Semiconductor by 17.4% during the 3rd quarter. Coldstream Capital Management Inc. now owns 7,940 shares of the semiconductor company’s stock worth $392,000 after buying an additional 1,176 shares during the last quarter. Danske Bank A S purchased a new stake in shares of ON Semiconductor in the 3rd quarter worth about $10,490,000. Mizuho Markets Cayman LP boosted its position in shares of ON Semiconductor by 19.8% in the 3rd quarter. Mizuho Markets Cayman LP now owns 180,721 shares of the semiconductor company’s stock worth $8,911,000 after buying an additional 29,914 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in ON Semiconductor in the 3rd quarter valued at about $141,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

ON Semiconductor Trading Up 1.8%

NASDAQ:ON opened at $60.98 on Wednesday. The stock has a market cap of $24.03 billion, a price-to-earnings ratio of 179.36, a PEG ratio of 0.64 and a beta of 1.52. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.98 and a current ratio of 4.52. ON Semiconductor Corporation has a 1 year low of $31.04 and a 1 year high of $73.76. The business has a fifty day moving average of $63.65 and a 200-day moving average of $55.57.

ON Semiconductor (NASDAQ:ON) last issued its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. The business had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.54 billion. ON Semiconductor had a net margin of 2.02% and a return on equity of 12.22%. The company’s revenue was down 11.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.95 earnings per share. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. Equities analysts predict that ON Semiconductor Corporation will post 2.6 earnings per share for the current year.

ON Semiconductor announced that its Board of Directors has approved a stock repurchase program on Tuesday, November 18th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 32.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

ON Semiconductor News Roundup

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: Board-authorized buyback: ON’s board has authorized a large repurchase program (~$6.0B authorization reported in recent coverage), which reduces share count and is typically viewed as shareholder-friendly support for the stock. MarketBeat ON profile & recent results
• Neutral Sentiment: Quarterly results & guidance: ON reported $0.64 EPS (beat consensus by ~$0.02) with revenue roughly in line, and issued Q1 FY2026 EPS guidance of $0.560–0.660 — fundamentals that provide a near‑term valuation anchor but show year‑over‑year revenue pressure. MarketBeat ON profile & recent results
• Neutral Sentiment: Increased attention from investors: A Zacks piece notes heavy investor searches/interest in ON, which can boost intraday demand and volume as traders re‑evaluate the name. Zacks: Investors Heavily Search ON
• Negative Sentiment: Insider selling disclosed: ON insider Sudhir Gopalswamy sold 6,114 shares (filed with the SEC). While not large relative to total float, insider sales can be interpreted as a mild negative signal for sentiment. SEC filing for insider sale
• Negative Sentiment: Analyst/ratings action: A recent downgrade from at least one third‑party source to a “Hold” has been reported; downgrades can slow momentum and cap near‑term upside. American Banking News: Rating lowered to Hold

Insiders Place Their Bets

In other news, insider Sudhir Gopalswamy sold 6,114 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $58.67, for a total value of $358,708.38. Following the completion of the transaction, the insider directly owned 173,943 shares in the company, valued at $10,205,235.81. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Hassane El-Khoury sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $73.02, for a total transaction of $1,460,400.00. Following the transaction, the chief executive officer owned 1,015,610 shares in the company, valued at $74,159,842.20. This represents a 1.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 86,114 shares of company stock worth $6,092,308. 0.31% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have weighed in on ON. Benchmark downgraded shares of ON Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. Truist Financial upped their price target on shares of ON Semiconductor from $57.00 to $66.00 and gave the company a “hold” rating in a report on Tuesday, February 10th. Mizuho dropped their price objective on shares of ON Semiconductor from $72.00 to $70.00 and set an “outperform” rating for the company in a research note on Tuesday, February 10th. Wall Street Zen downgraded ON Semiconductor from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, February 10th. Twelve analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $64.19.

ON Semiconductor Profile

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.