ON Semiconductor Corporation (NASDAQ:ON) is set to issue its quarterly earnings data before the market opens on Monday, November 6th. Analysts expect the company to announce earnings of $0.40 per share for the quarter.

ON Semiconductor Corporation (NASDAQ ON) traded up 0.34% on Monday, reaching $20.82. 711,950 shares of the company’s stock were exchanged. The firm has a market cap of $8.78 billion, a PE ratio of 30.66 and a beta of 2.01. ON Semiconductor Corporation has a 12 month low of $10.74 and a 12 month high of $20.83. The firm’s 50-day moving average is $18.67 and its 200-day moving average is $16.16.

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In other ON Semiconductor Corporation news, Director Daryl Ostrander sold 2,000 shares of ON Semiconductor Corporation stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $16.78, for a total value of $33,560.00. Following the completion of the sale, the director now owns 65,458 shares in the company, valued at approximately $1,098,385.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Keith D. Jackson sold 476,191 shares of ON Semiconductor Corporation stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $19.59, for a total transaction of $9,328,581.69. Following the completion of the sale, the chief executive officer now owns 3,649,468 shares of the company’s stock, valued at approximately $71,493,078.12. The disclosure for this sale can be found here. Insiders sold a total of 623,007 shares of company stock valued at $12,081,920 in the last quarter. Corporate insiders own 1.60% of the company’s stock.

A number of research analysts have recently commented on ON shares. Zacks Investment Research downgraded shares of ON Semiconductor Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. BidaskClub downgraded shares of ON Semiconductor Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Craig Hallum started coverage on shares of ON Semiconductor Corporation in a research report on Monday, September 25th. They issued a “buy” rating and a $25.00 price objective for the company. Needham & Company LLC reissued a “buy” rating and issued a $25.00 price objective on shares of ON Semiconductor Corporation in a research report on Monday, September 11th. Finally, Robert W. Baird reissued a “buy” rating and issued a $20.00 price objective on shares of ON Semiconductor Corporation in a research report on Thursday, August 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $19.47.

ON Semiconductor Corporation Company Profile

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.

Earnings History for ON Semiconductor Corporation (NASDAQ:ON)

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