William Hall Sells 54,366 Shares of ON Semiconductor Corporation (ON) Stock

ON Semiconductor Corporation (NASDAQ:ON) EVP William Hall sold 54,366 shares of the company’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $21.83, for a total value of $1,186,809.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of ON Semiconductor Corporation (NASDAQ ON) opened at $21.42 on Wednesday. The company has a market capitalization of $9,153.42, a PE ratio of 19.80, a P/E/G ratio of 0.82 and a beta of 2.06. The company has a quick ratio of 1.25, a current ratio of 1.97 and a debt-to-equity ratio of 1.20. ON Semiconductor Corporation has a fifty-two week low of $10.85 and a fifty-two week high of $22.03.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas increased its holdings in shares of ON Semiconductor Corporation by 0.4% in the second quarter. Teacher Retirement System of Texas now owns 33,379 shares of the semiconductor company’s stock worth $469,000 after acquiring an additional 127 shares in the last quarter. Chase Investment Counsel Corp increased its holdings in shares of ON Semiconductor Corporation by 0.3% in the second quarter. Chase Investment Counsel Corp now owns 91,155 shares of the semiconductor company’s stock worth $1,279,000 after acquiring an additional 254 shares in the last quarter. Numeric Investors LLC increased its holdings in shares of ON Semiconductor Corporation by 0.3% in the second quarter. Numeric Investors LLC now owns 89,300 shares of the semiconductor company’s stock worth $1,254,000 after acquiring an additional 300 shares in the last quarter. Krilogy Financial LLC increased its holdings in shares of ON Semiconductor Corporation by 2.8% in the second quarter. Krilogy Financial LLC now owns 16,400 shares of the semiconductor company’s stock worth $230,000 after acquiring an additional 450 shares in the last quarter. Finally, Hillsdale Investment Management Inc. increased its holdings in shares of ON Semiconductor Corporation by 2.3% in the second quarter. Hillsdale Investment Management Inc. now owns 21,170 shares of the semiconductor company’s stock worth $298,000 after acquiring an additional 470 shares in the last quarter. Institutional investors and hedge funds own 96.09% of the company’s stock.

ON has been the topic of a number of analyst reports. KeyCorp reiterated a “hold” rating on shares of ON Semiconductor Corporation in a research report on Tuesday, September 12th. Credit Suisse Group boosted their price objective on ON Semiconductor Corporation from $14.50 to $17.00 and gave the stock an “underperform” rating in a research note on Tuesday, November 7th. Zacks Investment Research lowered ON Semiconductor Corporation from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. B. Riley boosted their price objective on ON Semiconductor Corporation from $18.00 to $21.00 and gave the stock a “buy” rating in a research note on Monday, August 7th. Finally, Mizuho reissued an “outperform” rating and issued a $19.00 price objective (up previously from $18.00) on shares of ON Semiconductor Corporation in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $21.23.

ON Semiconductor Corporation Company Profile

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 Corporation (NASDAQ:ON)

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