ON Semiconductor (NASDAQ:ON)‘s stock had its “hold” rating reaffirmed by equities research analysts at KeyCorp in a note issued to investors on Monday.

Several other equities research analysts have also weighed in on the stock. B. Riley reiterated a “buy” rating and issued a $21.00 target price on shares of ON Semiconductor in a report on Sunday, August 13th. Robert W. Baird reiterated a “buy” rating and issued a $20.00 target price on shares of ON Semiconductor in a report on Thursday, August 24th. BidaskClub upgraded shares of ON Semiconductor from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 target price on shares of ON Semiconductor in a report on Monday, September 11th. Finally, Jefferies Group reiterated a “hold” rating and issued a $16.00 target price on shares of ON Semiconductor in a report on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $21.23.

ON Semiconductor (ON) opened at $19.42 on Monday. ON Semiconductor has a twelve month low of $11.85 and a twelve month high of $22.15. The firm has a market cap of $8,237.23, a P/E ratio of 17.82, a P/E/G ratio of 0.74 and a beta of 2.02. The company has a quick ratio of 1.25, a current ratio of 1.97 and a debt-to-equity ratio of 1.20.

In other news, VP Paul E. Rolls sold 35,768 shares of ON Semiconductor stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $19.41, for a total value of $694,256.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP William Hall sold 54,366 shares of ON Semiconductor stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $21.83, for a total transaction of $1,186,809.78. The disclosure for this sale can be found here. In the last ninety days, insiders sold 741,641 shares of company stock valued at $14,719,465. 1.40% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Beacon Capital Management bought a new position in shares of ON Semiconductor in the 4th quarter valued at about $0. Teacher Retirement System of Texas lifted its stake in shares of ON Semiconductor by 0.4% during the 2nd quarter. Teacher Retirement System of Texas now owns 33,379 shares of the semiconductor company’s stock worth $469,000 after buying an additional 127 shares during the last quarter. Chase Investment Counsel Corp lifted its stake in shares of ON Semiconductor by 0.3% during the 2nd quarter. Chase Investment Counsel Corp now owns 91,155 shares of the semiconductor company’s stock worth $1,279,000 after buying an additional 254 shares during the last quarter. Ifrah Financial Services Inc. lifted its stake in shares of ON Semiconductor by 1.2% during the 2nd quarter. Ifrah Financial Services Inc. now owns 20,919 shares of the semiconductor company’s stock worth $185,000 after buying an additional 257 shares during the last quarter. Finally, Numeric Investors LLC lifted its stake in shares of ON Semiconductor by 0.3% during the 2nd quarter. Numeric Investors LLC now owns 89,300 shares of the semiconductor company’s stock worth $1,254,000 after buying an additional 300 shares during the last quarter. 99.82% of the stock is owned by institutional investors.

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About ON Semiconductor

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.

Analyst Recommendations for ON Semiconductor (NASDAQ:ON)

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