51,400 Shares in onsemi $ON Bought by SBI Okasan Asset Management Co.Ltd.

SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of onsemi (NASDAQ:ON) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 51,400 shares of the semiconductor company’s stock, valued at approximately $2,777,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ON. Pictet Asset Management Holding SA increased its position in shares of onsemi by 38.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company’s stock worth $215,624,000 after purchasing an additional 1,112,774 shares during the last quarter. M&G PLC boosted its holdings in shares of onsemi by 7.6% in the 3rd quarter. M&G PLC now owns 2,647,003 shares of the semiconductor company’s stock valued at $129,703,000 after buying an additional 187,899 shares during the period. Quantbot Technologies LP boosted its holdings in shares of onsemi by 67.3% in the 3rd quarter. Quantbot Technologies LP now owns 94,146 shares of the semiconductor company’s stock valued at $4,642,000 after buying an additional 37,881 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of onsemi in the 3rd quarter valued at about $1,134,000. Finally, DNB Asset Management AS boosted its holdings in shares of onsemi by 30.9% in the 3rd quarter. DNB Asset Management AS now owns 723,688 shares of the semiconductor company’s stock valued at $35,685,000 after buying an additional 170,635 shares during the period. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Insider Buying and Selling

In other news, insider Sudhir Gopalswamy sold 6,114 shares of the company’s 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 sale, the insider directly owned 173,943 shares of the company’s stock, valued at approximately $10,205,235.81. This represents a 3.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Trent Thad sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The stock was 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 represents a 9.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 66,114 shares of company stock valued at $5,548,708. Company insiders own 0.35% of the company’s stock.

onsemi Price Performance

NASDAQ ON opened at $123.77 on Friday. onsemi has a 52 week low of $41.49 and a 52 week high of $129.13. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The stock has a market cap of $48.51 billion, a price-to-earnings ratio of 87.78, a price-to-earnings-growth ratio of 1.11 and a beta of 1.94. The company has a 50-day moving average price of $87.24 and a two-hundred day moving average price of $68.66.

onsemi (NASDAQ:ON) last posted its earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. onsemi’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Analysts forecast that onsemi will post 3.09 EPS for the current year.

Analyst Upgrades and Downgrades

ON has been the subject of several research reports. Wells Fargo & Company lifted their price target on shares of onsemi from $90.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating on shares of onsemi in a report on Tuesday, May 5th. Needham & Company LLC lifted their price target on shares of onsemi from $72.00 to $110.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. B. Riley Financial raised shares of onsemi from a “neutral” rating to a “buy” rating and set a $115.00 price target for the company in a report on Thursday, April 23rd. Finally, TD Cowen lifted their price target on shares of onsemi from $80.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $92.00.

Key onsemi News

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Mizuho raised its price target on onsemi to $150 from $130 and kept an Outperform rating, signaling stronger upside expectations for the stock. Benzinga
• Positive Sentiment: New coverage highlighted onsemi’s improving gross margin profile, noting a third straight sequential gross margin gain to 38.5% as AI data center revenue grows and manufacturing utilization improves. Yahoo Finance
• Positive Sentiment: Tradr ETFs launched new leveraged ETFs tied to onsemi, which can increase trading attention and speculative interest in the name. PR Newswire
• Positive Sentiment: Articles today continued to frame onsemi as a beneficiary of rising AI infrastructure demand and high-voltage power architecture shifts, which supports the long-term growth narrative for analog and power semiconductor suppliers. MarketBeat
• Neutral Sentiment: onsemi was also cited in market commentary as one of the semiconductor stocks benefiting from Micron’s upbeat AI-related guidance, though this is more a sector sympathy move than company-specific news. MarketBeat
• Neutral Sentiment: Analyst sentiment remains constructive overall, with consensus coverage still indicating a moderate buy view on the stock. American Banking News

onsemi Company 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.