Maytus Capital Management LLC Sells 28,003 Shares of onsemi $ON

Maytus Capital Management LLC lessened its stake in onsemi (NASDAQ:ON) by 15.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 150,000 shares of the semiconductor company’s stock after selling 28,003 shares during the period. onsemi comprises 1.9% of Maytus Capital Management LLC’s portfolio, making the stock its 15th biggest holding. Maytus Capital Management LLC’s holdings in onsemi were worth $8,122,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in ON. CVA Family Office LLC lifted its stake in shares of onsemi by 83.7% in the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 215 shares during the period. Root Financial Partners LLC lifted its stake in shares of onsemi by 42.1% in the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 149 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of onsemi in the second quarter valued at about $32,000. Close Asset Management Ltd bought a new stake in shares of onsemi in the third quarter valued at about $38,000. Finally, Deseret Mutual Benefit Administrators lifted its stake in shares of onsemi by 28.2% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 160 shares during the period. Institutional investors own 97.70% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on ON. Susquehanna raised their price target on shares of onsemi from $100.00 to $120.00 and gave the stock a “positive” rating in a research note on Tuesday, May 5th. Jefferies Financial Group raised their price target on shares of onsemi from $73.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Cantor Fitzgerald raised their price target on shares of onsemi from $95.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. B. Riley Financial upgraded shares of onsemi from a “neutral” rating to a “buy” rating and set a $115.00 price target for the company in a research note on Thursday, April 23rd. Finally, Needham & Company LLC raised their price target on shares of onsemi from $72.00 to $110.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $94.68.

onsemi News Roundup

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 Stock Performance

NASDAQ ON opened at $118.25 on Wednesday. The firm has a market cap of $46.34 billion, a price-to-earnings ratio of 83.87, a PEG ratio of 1.12 and a beta of 1.97. The company has a 50 day moving average of $103.05 and a 200-day moving average of $75.44. 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 has a 1-year low of $44.56 and a 1-year high of $134.92.

onsemi (NASDAQ:ON) last posted its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.03. The company 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 company’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $0.55 earnings per share. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. On average, equities analysts forecast that onsemi will post 3.09 earnings per share for the current fiscal year.

Insider Buying and Selling at onsemi

In other news, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction that occurred 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 owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This trade represents a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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.

About onsemi

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.