Ameritas Advisory Services LLC Takes $57,000 Position in ON Semiconductor Corporation $ON

Ameritas Advisory Services LLC acquired a new stake in shares of ON Semiconductor Corporation (NASDAQ:ONFree Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 1,084 shares of the semiconductor company’s stock, valued at approximately $57,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ON. Moody National Bank Trust Division lifted its holdings in ON Semiconductor by 1.5% in the 2nd quarter. Moody National Bank Trust Division now owns 11,404 shares of the semiconductor company’s stock worth $598,000 after buying an additional 169 shares in the last quarter. Sowell Financial Services LLC increased its position in shares of ON Semiconductor by 4.1% in the 2nd quarter. Sowell Financial Services LLC now owns 5,668 shares of the semiconductor company’s stock worth $297,000 after purchasing an additional 223 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in shares of ON Semiconductor by 2.3% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,025 shares of the semiconductor company’s stock worth $530,000 after purchasing an additional 289 shares during the last quarter. Exencial Wealth Advisors LLC increased its position in shares of ON Semiconductor by 5.2% in the 1st quarter. Exencial Wealth Advisors LLC now owns 6,034 shares of the semiconductor company’s stock worth $246,000 after purchasing an additional 296 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its position in shares of ON Semiconductor by 83.3% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 320 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Buying and Selling at ON Semiconductor

In other news, CEO Hassane El-Khoury sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the completion of the sale, the chief executive officer directly owned 977,814 shares of the company’s stock, valued at approximately $50,083,633.08. This represents a 1.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Roth Capital reissued a “buy” rating and issued a $70.00 target price (up previously from $50.00) on shares of ON Semiconductor in a research report on Tuesday, June 17th. Mizuho boosted their target price on shares of ON Semiconductor from $60.00 to $72.00 and gave the stock an “outperform” rating in a research report on Thursday, June 26th. Bank of America dropped their target price on shares of ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating for the company in a research report on Friday, September 5th. Cantor Fitzgerald assumed coverage on ON Semiconductor in a report on Wednesday, June 18th. They set a “neutral” rating and a $55.00 target price for the company. Finally, Needham & Company LLC upped their target price on ON Semiconductor from $50.00 to $58.00 and gave the company a “buy” rating in a report on Monday, August 4th. Twelve research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $56.68.

Read Our Latest Stock Report on ON

ON Semiconductor Trading Down 8.5%

Shares of NASDAQ:ON opened at $45.74 on Monday. The company has a 50 day moving average of $49.46 and a 200-day moving average of $47.85. The firm has a market cap of $18.71 billion, a P/E ratio of 42.75, a P/E/G ratio of 2.28 and a beta of 1.49. ON Semiconductor Corporation has a twelve month low of $31.04 and a twelve month high of $76.06. The company has a current ratio of 5.02, a quick ratio of 3.37 and a debt-to-equity ratio of 0.42.

ON Semiconductor (NASDAQ:ONGet Free Report) last issued its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.01). The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The company’s revenue was down 15.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.96 earnings per share. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. As a group, analysts anticipate that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

ON Semiconductor Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ON Semiconductor (NASDAQ:ON)

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