ON Semiconductor Corporation (NASDAQ:ON) EVP Robert A. Klosterboer sold 10,000 shares of ON Semiconductor Corporation stock in a transaction dated Tuesday, June 20th. The shares were sold at an average price of $15.40, for a total transaction of $154,000.00. Following the sale, the executive vice president now owns 324,320 shares of the company’s stock, valued at $4,994,528. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of ON Semiconductor Corporation (ON) traded down 0.93% on Thursday, reaching $14.96. 7,206,636 shares of the company were exchanged. ON Semiconductor Corporation has a 1-year low of $8.11 and a 1-year high of $16.93. The company has a 50-day moving average price of $15.35 and a 200 day moving average price of $14.45. The stock has a market capitalization of $6.29 billion, a PE ratio of 28.77 and a beta of 1.94.

Insider Buying and Selling by Quarter for ON Semiconductor Corporation (NASDAQ:ON)

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A number of equities research analysts have weighed in on ON shares. Stifel Nicolaus lifted their price target on shares of ON Semiconductor Corporation from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, May 9th. Zacks Investment Research upgraded shares of ON Semiconductor Corporation from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research report on Tuesday, May 9th. Vetr upgraded shares of ON Semiconductor Corporation from a “sell” rating to a “strong-buy” rating and set a $16.85 price target for the company in a research report on Tuesday, April 11th. Credit Suisse Group cut shares of ON Semiconductor Corporation from a “neutral” rating to an “underperform” rating and dropped their price target for the company from $17.50 to $13.50 in a research report on Tuesday, April 11th. Finally, MKM Partners reiterated a “buy” rating and set a $20.00 price target on shares of ON Semiconductor Corporation in a research report on Friday, April 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. ON Semiconductor Corporation presently has an average rating of “Buy” and an average price target of $16.40.

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in ON Semiconductor Corporation by 5.2% in the first quarter. Vanguard Group Inc. now owns 33,263,248 shares of the semiconductor company’s stock worth $515,248,000 after buying an additional 1,655,255 shares in the last quarter. FMR LLC boosted its position in ON Semiconductor Corporation by 25.4% in the fourth quarter. FMR LLC now owns 26,212,696 shares of the semiconductor company’s stock worth $334,474,000 after buying an additional 5,301,935 shares in the last quarter. Boston Partners boosted its position in ON Semiconductor Corporation by 5.5% in the first quarter. Boston Partners now owns 20,408,521 shares of the semiconductor company’s stock worth $316,128,000 after buying an additional 1,068,570 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in ON Semiconductor Corporation by 4.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,430,084 shares of the semiconductor company’s stock worth $94,817,000 after buying an additional 334,308 shares in the last quarter. Finally, Pictet Asset Management Ltd. boosted its position in ON Semiconductor Corporation by 10.4% in the first quarter. Pictet Asset Management Ltd. now owns 7,376,170 shares of the semiconductor company’s stock worth $114,257,000 after buying an additional 694,382 shares in the last quarter. Hedge funds and other institutional investors own 96.45% of the company’s stock.

About ON Semiconductor Corporation

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.

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