ON Semiconductor Corporation (NASDAQ:ON) EVP George H. Cave sold 15,848 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $18.90, for a total transaction of $299,527.20. The sale was disclosed in a document filed with the SEC, which is available through this link.

George H. Cave also recently made the following trade(s):

  • On Monday, October 2nd, George H. Cave sold 3,567 shares of ON Semiconductor Corporation stock. The stock was sold at an average price of $18.54, for a total transaction of $66,132.18.

Shares of ON Semiconductor Corporation (NASDAQ ON) traded up 0.90% during mid-day trading on Wednesday, reaching $19.08. 5,189,351 shares of the company traded hands. The stock has a market capitalization of $8.04 billion, a PE ratio of 28.10 and a beta of 2.01. ON Semiconductor Corporation has a 52-week low of $10.74 and a 52-week high of $19.33. The stock’s 50 day moving average is $17.04 and its 200 day moving average is $15.58.

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Several institutional investors and hedge funds have recently bought and sold shares of ON. Segantii Capital Management Ltd bought a new stake in ON Semiconductor Corporation during the 1st quarter worth about $101,000. Oppenheimer Asset Management Inc. bought a new stake in ON Semiconductor Corporation during the 1st quarter worth about $110,000. Tower Research Capital LLC TRC grew its holdings in ON Semiconductor Corporation by 2,234.7% during the 1st quarter. Tower Research Capital LLC TRC now owns 10,039 shares of the semiconductor company’s stock worth $156,000 after acquiring an additional 9,609 shares during the last quarter. Nine Chapters Capital Management LLC bought a new stake in ON Semiconductor Corporation during the 2nd quarter worth about $157,000. Finally, Marshall Wace North America L.P. bought a new stake in ON Semiconductor Corporation during the 2nd quarter worth about $184,000. 98.07% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have weighed in on the stock. B. Riley reissued a “buy” rating and set a $21.00 price objective on shares of ON Semiconductor Corporation in a report on Sunday, August 13th. Morgan Stanley raised their price objective on shares of ON Semiconductor Corporation from $16.00 to $17.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 8th. J P Morgan Chase & Co reissued a “neutral” rating and set a $17.00 price objective (up from $16.00) on shares of ON Semiconductor Corporation in a report on Wednesday, August 9th. Mizuho reissued an “outperform” rating and set a $19.00 price objective (up from $18.00) on shares of ON Semiconductor Corporation in a report on Wednesday, August 9th. Finally, BidaskClub raised shares of ON Semiconductor Corporation from a “buy” rating to a “strong-buy” rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, six have issued a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. ON Semiconductor Corporation currently has a consensus rating of “Buy” and an average target price of $18.28.

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.

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

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