10,300 onsemi $ON Shares Sold by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. cut its stake in onsemi (NASDAQ:ON) by 64.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,800 shares of the semiconductor company’s stock after selling 10,300 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in onsemi were worth $441,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. North Dakota State Investment Board boosted its stake in onsemi by 22.4% during the third quarter. North Dakota State Investment Board now owns 20,974 shares of the semiconductor company’s stock worth $1,612,000 after buying an additional 3,840 shares during the period. VestGen Advisors LLC grew its stake in shares of onsemi by 8.3% in the third quarter. VestGen Advisors LLC now owns 4,546 shares of the semiconductor company’s stock worth $349,000 after acquiring an additional 350 shares in the last quarter. Asset Management One Co. Ltd. grew its stake in onsemi by 2.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 176,218 shares of the semiconductor company’s stock worth $13,546,000 after purchasing an additional 3,600 shares in the last quarter. Park Avenue Securities LLC increased its holdings in onsemi by 10.4% during the 3rd quarter. Park Avenue Securities LLC now owns 13,518 shares of the semiconductor company’s stock worth $1,039,000 after purchasing an additional 1,268 shares during the period. Finally, Signaturefd LLC increased its holdings in onsemi by 4.5% during the 3rd quarter. Signaturefd LLC now owns 10,217 shares of the semiconductor company’s stock worth $785,000 after purchasing an additional 441 shares during the period. Institutional investors and hedge funds own 97.70% of the company’s stock.

Insider Transactions at onsemi

In other news, insider Sudhir Gopalswamy sold 15,578 shares of the stock in a transaction on Thursday, October 1st. The stock was 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 owned 158,177 shares in the company, valued at $12,654,160. This represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by company insiders.

Key Stories Impacting onsemi

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: Analysts expect third-quarter results to benefit from growth in AI data-center applications, improving automotive demand and increased energy-related investment. These themes could support revenue growth and strengthen the long-term outlook. Onsemi to Report Q3 Earnings: What’s in Store for the Stock?
• Positive Sentiment: Reports that onsemi is in discussions to acquire AI power-chip startup Ferric for approximately $1 billion suggest the company is seeking to expand its position in high-growth power-management and AI hardware markets. The deal could add strategic capabilities, although no transaction has been confirmed. Onsemi reportedly in talks to buy AI power-chip startup Ferric
• Neutral Sentiment: onsemi’s image sensors are being incorporated into new aerial-inspection and embedded-vision camera products, providing additional evidence of design activity in UAV and industrial applications. However, the announcements do not disclose material revenue or order commitments. Vadzo Imaging Positions Falcon-234MGS
• Negative Sentiment: Investors remain cautious because the anticipated earnings benefit from AI and other end markets may be offset by cost pressures. A roughly $1 billion acquisition, if completed, could also raise execution, integration and capital-allocation risks. Onsemi to Report Q3 Earnings: What’s in Store for the Stock?

onsemi Price Performance

Shares of NASDAQ:ON opened at $71.67 on Friday. The stock’s 50 day moving average price is $74.75 and its 200 day moving average price is $81.96. onsemi has a 12 month low of $44.56 and a 12 month high of $134.92. The stock has a market cap of $27.90 billion, a price-to-earnings ratio of 45.94, a PEG ratio of 0.59 and a beta of 2.05. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.46 and a quick ratio of 2.49.

onsemi (NASDAQ:ON) last issued its quarterly earnings results on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. onsemi had a net margin of 10.17% and a return on equity of 14.06%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the company earned $0.53 EPS. onsemi’s revenue was up 9.2% on a year-over-year basis. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Equities research analysts anticipate that onsemi will post 3.21 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Seaport Research Partners assumed coverage on onsemi in a research note on Tuesday, September 22nd. They set a “buy” rating and a $100.00 target price for the company. Cantor Fitzgerald dropped their price target on onsemi from $110.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, September 17th. Wells Fargo & Company boosted their price objective on shares of onsemi from $85.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, October 2nd. Citigroup decreased their target price on shares of onsemi from $120.00 to $98.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Finally, Truist Financial decreased their price target on shares of onsemi from $91.00 to $75.00 and set a “hold” rating for the company in a research report on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and sixteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, onsemi has an average rating of “Moderate Buy” and an average price target of $92.68.

onsemi 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.