onsemi (NASDAQ:ON) Stock Purchase Reported by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of onsemi (NASDAQ:ON). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in onsemi stock on October 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
• Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
• Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
• Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
• Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.

onsemi Trading Up 0.1%

onsemi stock traded up $0.11 during mid-day trading on Thursday, hitting $73.73. The company’s stock had a trading volume of 6,028,959 shares, compared to its average volume of 10,619,789. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The company has a current ratio of 3.55, a quick ratio of 2.61 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $28.70 billion, a PE ratio of 42.87, a price-to-earnings-growth ratio of 0.56 and a beta of 2.11. The stock’s fifty day moving average is $74.08 and its two-hundred day moving average is $82.28.

onsemi (NASDAQ:ON) last released its quarterly earnings results on Monday, November 2nd. The semiconductor company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.02. The business had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.71 billion. onsemi had a return on equity of 15.53% and a net margin of 10.82%. The company’s revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.63 EPS. On average, analysts anticipate that onsemi will post 3.27 EPS for the current year.

Insider Buying and Selling

In related news, insider Sudhir Gopalswamy sold 15,578 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $80.00, for a total value of $1,246,240.00. Following the completion of the sale, the insider directly owned 158,177 shares of the company’s stock, valued at $12,654,160. The trade was a 8.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Janus Henderson Group PLC raised its holdings in onsemi by 10.9% during the first quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock worth $848,392,000 after purchasing an additional 1,345,894 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of onsemi by 16.6% in the 2nd quarter. Van ECK Associates Corp now owns 5,143,343 shares of the semiconductor company’s stock valued at $486,252,000 after buying an additional 731,540 shares in the last quarter. Pictet Asset Management Holding SA grew its position in shares of onsemi by 7.4% in the 3rd quarter. Pictet Asset Management Holding SA now owns 4,550,913 shares of the semiconductor company’s stock valued at $349,788,000 after buying an additional 314,203 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of onsemi by 8.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,334,491 shares of the semiconductor company’s stock valued at $267,026,000 after buying an additional 268,267 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in onsemi by 74.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,807,808 shares of the semiconductor company’s stock worth $265,450,000 after acquiring an additional 1,201,534 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Recent onsemi Headlines

These are some of the ON headlines that stood out recently:

• Positive Sentiment: onsemi launched its fourth-generation EliteSiC M4 silicon-carbide platform for AI data centers, electric vehicles and energy infrastructure. The company says the devices can reduce power losses by up to 35% versus the prior generation, positioning the technology for demand in power-hungry applications. What Could ON Semiconductor Gain From Its EliteSiC M4 Launch?
• Positive Sentiment: Recent coverage highlighted Q3 revenue of $1.72 billion, up 11% year over year, and AI data-center revenue growth of 175% (from a smaller base). Some analysts’ average price targets imply roughly 29% upside, while the article points to upward earnings-estimate revisions as a supportive signal. Analysts’ price-target outlook
• Negative Sentiment: A separate valuation analysis lowered its estimated fair value to about $96.16 from $101.63, citing sector-wide P/E compression. This suggests valuation pressure may limit upside even as the company pursues growth opportunities. ON Semiconductor Stock Fair Value Edges Lower As Analysts Cut Targets

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ON shares. Seaport Research Partners began coverage on shares of onsemi in a research note on Tuesday, September 22nd. They set a “buy” rating and a $100.00 target price on the stock. B. Riley Financial cut their price objective on onsemi from $105.00 to $97.00 and set a “buy” rating on the stock in a research report on Tuesday, November 3rd. UBS Group reissued a “neutral” rating on shares of onsemi in a research note on Thursday, September 17th. Stonex Financial raised onsemi to a “strong-buy” rating in a research report on Wednesday, October 14th. Finally, Rosenblatt Securities cut their target price on shares of onsemi from $85.00 to $80.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $95.03.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.