ON Semiconductor (NASDAQ:ON) Insider Sudhir Gopalswamy Sells 6,114 Shares of Stock

ON Semiconductor Corporation (NASDAQ:ON) insider Sudhir Gopalswamy sold 6,114 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $58.67, for a total value of $358,708.38. Following the transaction, the insider directly owned 173,943 shares of the company’s stock, valued at approximately $10,205,235.81. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

ON Semiconductor Trading Up 2.3%

NASDAQ ON opened at $59.88 on Tuesday. The firm has a market capitalization of $23.59 billion, a PE ratio of 176.12, a price-to-earnings-growth ratio of 0.62 and a beta of 1.52. The business’s 50-day moving average price is $63.67 and its two-hundred day moving average price is $55.49. The company has a current ratio of 4.52, a quick ratio of 2.98 and a debt-to-equity ratio of 0.39. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $73.76.

ON Semiconductor (NASDAQ:ON) last posted its quarterly earnings data on Monday, February 9th. The semiconductor company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.02. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.54 billion. ON Semiconductor had a return on equity of 12.22% and a net margin of 2.02%.The firm’s quarterly revenue was down 11.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.95 earnings per share. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. On average, analysts expect that ON Semiconductor Corporation will post 2.6 EPS for the current year.

ON Semiconductor announced that its board has approved a share buyback plan on Tuesday, November 18th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor company to repurchase up to 32.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Key Stories Impacting ON Semiconductor

Here are the key news stories impacting ON Semiconductor this week:

• Positive Sentiment: None in the past 24–36 hours.
• Neutral Sentiment: Latest reported quarter: ON posted $0.64 EPS (beat by ~$0.02) on revenue roughly in line with expectations and issued Q1 2026 EPS guidance of $0.560–0.660 — a near-term fundamental anchor that investors cite when valuing the shares. MarketBeat ON profile & recent results
• Negative Sentiment: Insider sale disclosed: Sudhir Gopalswamy sold 6,114 ON shares on Mar 13 at an average price of $58.67 (SEC filing). Insider selling can be interpreted as a mild negative signal about near-term insider conviction. SEC filing for insider sale
• Negative Sentiment: Analyst action: Wall Street Zen recently lowered ON’s rating to “Hold” (reported Mar 15). A downgrade can reduce buying pressure from sentiment-driven traders and may weigh on short-term momentum. American Banking News: Rating lowered to Hold

Institutional Investors Weigh In On ON Semiconductor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of ON Semiconductor by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 51,367,704 shares of the semiconductor company’s stock worth $2,692,181,000 after purchasing an additional 243,238 shares in the last quarter. Ameriprise Financial Inc. raised its stake in ON Semiconductor by 7.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 12,205,996 shares of the semiconductor company’s stock worth $639,716,000 after buying an additional 877,533 shares during the period. Allspring Global Investments Holdings LLC raised its stake in ON Semiconductor by 8.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 6,363,805 shares of the semiconductor company’s stock worth $360,828,000 after buying an additional 474,725 shares during the period. Norges Bank bought a new position in ON Semiconductor in the fourth quarter worth approximately $330,885,000. Finally, Rafferty Asset Management LLC boosted its holdings in ON Semiconductor by 55.0% in the second quarter. Rafferty Asset Management LLC now owns 5,837,502 shares of the semiconductor company’s stock worth $305,943,000 after acquiring an additional 2,072,125 shares in the last quarter. 97.70% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on ON shares. Cantor Fitzgerald reissued a “neutral” rating and set a $60.00 target price on shares of ON Semiconductor in a research note on Tuesday, February 10th. B. Riley Financial increased their price target on ON Semiconductor from $54.00 to $58.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. KeyCorp lifted their price objective on ON Semiconductor from $65.00 to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Craig Hallum reissued a “hold” rating on shares of ON Semiconductor in a research note on Tuesday, February 10th. Finally, Benchmark lowered ON Semiconductor from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Twelve investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, ON Semiconductor currently has a consensus rating of “Hold” and a consensus price target of $64.19.

About ON Semiconductor

ON Semiconductor, which operates under the onsemi brand, is a global supplier of semiconductor components and related solutions. The company designs, manufactures and sells a broad portfolio that includes power and analog devices, discrete components, sensors and custom mixed-signal products. Its offerings are used to manage, convert and sense electrical power and signals across a wide range of electronic systems.

ON Semiconductor serves customers in key end markets such as automotive, industrial, cloud power and communications, as well as consumer and computing applications.