ON Semiconductor Corporation (NASDAQ:ON) VP Paul E. Rolls sold 16,899 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $21.03, for a total transaction of $355,385.97. Following the completion of the transaction, the vice president now directly owns 305,807 shares in the company, valued at $6,431,121.21. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
ON Semiconductor Corporation (ON) remained flat at $$22.78 during trading hours on Thursday. The company’s stock had a trading volume of 5,719,730 shares, compared to its average volume of 5,550,000. The company has a current ratio of 1.97, a quick ratio of 1.25 and a debt-to-equity ratio of 1.20. ON Semiconductor Corporation has a 52 week low of $12.77 and a 52 week high of $23.20. The firm has a market capitalization of $9,660.00, a price-to-earnings ratio of 24.76, a PEG ratio of 0.72 and a beta of 2.02.
Large investors have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. grew its stake in shares of ON Semiconductor by 13.5% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,060 shares of the semiconductor company’s stock worth $113,000 after purchasing an additional 960 shares during the period. BB&T Securities LLC purchased a new stake in shares of ON Semiconductor in the 3rd quarter worth about $187,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of ON Semiconductor in the 3rd quarter worth about $200,000. Oppenheimer & Co. Inc. purchased a new stake in shares of ON Semiconductor in the 3rd quarter worth about $231,000. Finally, Moors & Cabot Inc. purchased a new stake in shares of ON Semiconductor in the 3rd quarter worth about $233,000. 99.53% of the stock is currently owned by institutional investors and hedge funds.
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.
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