Baker Avenue Asset Management LP Makes New $264,000 Investment in onsemi $ON

Baker Avenue Asset Management LP acquired a new position in shares of onsemi (NASDAQ:ON) during the 4th quarter, Holdings Channel.com reports. The fund acquired 4,872 shares of the semiconductor company’s stock, valued at approximately $264,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CVA Family Office LLC grew its position in onsemi by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 215 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in onsemi in the second quarter valued at about $32,000. Close Asset Management Ltd acquired a new stake in shares of onsemi in the third quarter valued at about $38,000. Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of onsemi by 41.4% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 816 shares of the semiconductor company’s stock valued at $44,000 after purchasing an additional 239 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of onsemi in the fourth quarter valued at about $47,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ON has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of onsemi from $70.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. TD Cowen lifted their target price on shares of onsemi from $80.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Morgan Stanley lifted their target price on shares of onsemi from $85.00 to $87.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 5th. Susquehanna lifted their target price on shares of onsemi from $100.00 to $120.00 and gave the stock a “positive” rating in a research report on Tuesday, May 5th. Finally, KeyCorp lifted their target price on shares of onsemi from $65.00 to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $92.00.

Insider Buying and Selling

In related news, CFO Trent Thad sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total value of $2,790,000.00. Following the completion of the sale, the chief financial officer directly owned 301,194 shares in the company, valued at approximately $28,011,042. The trade was a 9.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sudhir Gopalswamy sold 6,114 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $58.67, for a total transaction of $358,708.38. Following the completion of the sale, the insider owned 173,943 shares of the company’s stock, valued at approximately $10,205,235.81. The trade was a 3.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 66,114 shares of company stock valued at $5,548,708. 0.35% of the stock is owned by insiders.

Trending Headlines about onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Recent analyst coverage has stayed constructive, with Mizuho raising its price target on onsemi to $150 and maintaining an outperform rating, implying meaningful upside from current levels.
• Positive Sentiment: Several recent articles highlighted onsemi as a potential beneficiary of the AI and power-management semiconductor cycle, with commentary pointing to improving gross margins and stronger utilization from its Fab Right strategy.
• Positive Sentiment: A new leveraged ETF launch tied to onsemi also signals rising trading interest and broader speculation around the name.
• Neutral Sentiment: Onsemi’s latest earnings were solid, with revenue and EPS both slightly ahead of expectations and Q2 guidance calling for continued growth, but the report is not fresh enough to be the day’s main stock-moving event.
• Neutral Sentiment: A short-interest update showed essentially no meaningful short interest, so the move does not appear to be driven by a squeeze or bearish positioning change.
• Neutral Sentiment: Recent stock commentary from third-party outlets has been largely thematic, focusing on AI semiconductor demand rather than a new fundamental development at onsemi.

onsemi Price Performance

onsemi stock opened at $120.62 on Monday. onsemi has a 1 year low of $41.49 and a 1 year high of $129.13. The firm has a 50 day moving average price of $88.44 and a 200 day moving average price of $69.17. The company has a market cap of $47.27 billion, a price-to-earnings ratio of 85.55, a PEG ratio of 1.07 and a beta of 1.97. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87.

onsemi (NASDAQ:ON) last released its earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. onsemi had a net margin of 9.46% and a return on equity of 12.79%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the previous year, the firm earned $0.55 earnings per share. onsemi’s revenue was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Sell-side analysts predict that onsemi will post 3.09 earnings per share for the current year.

onsemi Company Profile

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.