On Friday, October 7th, Bernard Raymond Colpitts, Jr., who serves as the Chief Operating Officer at ON Semiconductor, sold 2,111 shares of the company’s stock. Bernard Raymond Colpitts, Jr. On the NASDAQ, the transaction was recorded with the ticker symbol “ON.” The sale of the shares brought in a total of $143,569.11 in revenue, with $68.01 being the average price paid for each share. Because of the transaction, the chief accounting officer now owns 22,931 company shares with a combined value of $1,559,537.31. If you click on the link, you will be taken to a legal file sent to the SEC. There, you will be able to find out more about the transaction.

On August 1st, the most recent earnings report for ON Semiconductor, which is publicly traded and can be found under the NASDAQ: ON, was made available to the public. The company that produces semiconductors reported earnings per share (EPS) of $1.34 for the quarter, which is $0.08 more than what was expected, which was $1.26 per share on average by market analysts. ON Semiconductor had a return on equity of 41.43%, and its net margin was 22.60%. Both of these figures are percentages. The revenue for the quarter was $2.09 billion, which is significantly higher than the projections made by industry analysts, which were $2.01 billion for the period in question. The company made a profit per share of $0.63 during the same period the year before. Compared to the same period the previous year, the total revenue for the third quarter saw a 24.9% increase. Analysts in the same field predict that ON Semiconductor Corp. will make $5.13 per share this year.
There have been a lot of equity analysts who have given their opinions on ON stock, so take those with a grain of salt. On Tuesday, August 2nd, Needham & Company LLC upgraded their rating on ON Semiconductor from “strong buy” to “buy” and increased their price objective for the company’s stock from $60.00 to $80.00. Additionally, they lowered their price target for the stock from $80.00 to $60.00. Susquehanna upgraded its outlook on ON Semiconductor, giving the business a “positive” rating and increasing its price target for the stock from $70.00 to $82.00. The report was published on Tuesday, August 2nd. In a research note published on August 1st, Summit Insights changed their previous rating on ON Semiconductor from “buy” to “hold.” Stifel Nicolaus raised their price target for the company from $60.00 to $68.00 and published their findings in a research note that was made public on August 15th. On Semiconductor was given a rating of “hold,” and the price target for the company was raised from $60.00 to $68.00. In a research report published on Monday, August 15th, ON Semiconductor was upgraded to a “buy” rating, and its price target was increased from $72.00 to $79.00 in a research report. Both of these adjustments were made to the company’s stock, which was affected by the changes. One analyst suggests selling the stock, seven analysts suggest holding the stock, twenty analysts suggest buying the stock, and one analyst suggests a strong buy of the stock. According to information from Bloomberg.com, the average current recommendation for ON Semiconductor shares is a “Moderate Buy,” and the price target determined to be appropriate for the company is estimated to be $73.30.

ON Semiconductor’s share price experienced a drop of $2.46 during trading on Tuesday, bringing it to a new all-time low of $59.47. The volume of shares traded by the company was 8,938,362, which is significantly higher than its usual volume of 7,843,036 shares. The moving average of the company’s stock price over the past 200 days is $60.40, and the moving average over the last 50 days is $67.97. Over the past year, ON Semiconductor Corporation has experienced a price range of $76.78 over the past year, ranging from its all-time high to its all-time low. The debt-to-equity ratio, the current ratio, and the quick ratio are all equal at 0.56. However, the current ratio is 2.79, and the quick ratio is 1.88. The company currently has a price-to-earnings ratio of 15.41, a market capitalization of $25.76 billion, a price-to-earnings-growth ratio of 0.49, and a beta value of 1.76.

Several significant investors have made recent modifications to their holdings of the stock throughout the most recent short period. During the first quarter, BlackRock Inc. increased the amount of ON Semiconductor stock owned by 3.3%, making it the company’s largest single stock holding. BlackRock Inc. now owns 42,612,473 shares of the stock held by the semiconductor business after making an additional purchase of 1,352,776 shares during the most recent quarter. These shares are currently worth a total of $2,667,965,000 as of right now. The Vanguard Group Inc. increased the amount of ON Semiconductor stock owned by 3.7% during the first three months of 2018. As a result, the semiconductor manufacturer now holds 41,662,400 shares of the company’s stock due to the acquisition of an additional 1,494,114 shares during the time frame in question. The stock has a value of $2,608,483,000. Allianz Asset Management GmbH increased the amount of ON Semiconductor stock that is owned by 18.0% during the period that encompassed the fourth quarter. Allianz Asset Management GmbH now owns 14,591,648 shares of the semiconductor company’s stock, which has a value of $991,036,000 following the acquisition of an additional 2,226,677 shares during the most recent period. These shares were acquired during the most recent period. During the second quarter, Artisan Partners Limited Partnership achieved a 26.3% increase in the proportion of ON Semiconductor stock it owned. The Artisan Partners Limited Partnership now owns a total of 13,213,781 stock held by the semiconductor company after making an additional purchase of 2,752,815 shares during the most recent quarter. These shares are currently worth a total of $664,785,000 as of right now. And as a final point of interest, Mackenzie Financial Corporation increased the percentage of ON Semiconductor stock owned by 11.3% during the second quarter. Mackenzie Financial Corp now owns 8,480,172 shares of the semiconductor company’s stock. The stock has an estimated market value of $426,637,000, and Mackenzie Financial Corporation acquired an additional 861,793 shares during the quarter to bring its total holdings to this number. The vast majority of the company’s shares, or 99.25%, are owned by institutional investors and hedge funds.

In addition to being a provider of analog and power semiconductors, Onsemi is known for being a business that is consistently pushing the limits of what is possible in terms of innovation. The company offers solutions for the electrification and safety of automobiles, sustainable energy grids, industrial automation, 5G networks, and cloud infrastructure. The automotive and industrial end markets are the company’s primary focus, providing the majority of its revenue. It is structured to be broken down into three distinct groups: the Intelligent Sensing Group, the Advanced Solutions Group, and the Power Solutions Group.

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