Sudhir Gopalswamy Sells 6,114 Shares of ON Semiconductor (NASDAQ:ON) Stock

ON Semiconductor Corporation (NASDAQ:ON) insider Sudhir Gopalswamy sold 6,114 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $58.67, for a total value of $358,708.38. Following the sale, the insider directly owned 173,943 shares in the company, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

ON Semiconductor Trading Up 1.8%

ON Semiconductor stock opened at $60.98 on Wednesday. The firm has a market cap of $24.03 billion, a PE ratio of 179.36, a P/E/G ratio of 0.64 and a beta of 1.52. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $73.76. The stock’s 50 day simple moving average is $63.65 and its two-hundred day simple moving average is $55.57. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39.

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

ON Semiconductor announced that its board has approved a share buyback plan on Tuesday, November 18th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to purchase up to 32.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Needham & Company LLC raised their price objective on ON Semiconductor from $68.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Bank of America upped their target price on ON Semiconductor from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 21st. Piper Sandler increased their target price on ON Semiconductor from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Citigroup boosted their price target on shares of ON Semiconductor from $66.00 to $68.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Finally, Craig Hallum restated a “hold” rating on shares of ON Semiconductor in a research report on Tuesday, February 10th. Twelve analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, ON Semiconductor currently has a consensus rating of “Hold” and an average target price of $64.19.

Key ON Semiconductor News

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

Hedge Funds Weigh In On ON Semiconductor

A number of hedge funds have recently made changes to their positions in ON. CVA Family Office LLC increased its position in shares of ON Semiconductor 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 in the last quarter. Root Financial Partners LLC boosted its stake in ON Semiconductor by 42.1% during the 4th 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 last quarter. Private Trust Co. NA boosted its stake in ON Semiconductor by 72.8% during the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 220 shares during the last quarter. DV Equities LLC purchased a new stake in shares of ON Semiconductor during the fourth quarter worth $30,000. Finally, Deseret Mutual Benefit Administrators grew its holdings in shares of ON Semiconductor by 62.3% during the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock worth $28,000 after buying an additional 218 shares in the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

About ON Semiconductor

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.