ON Semiconductor Corporation (ON) VP Paul E. Rolls Sells 16,899 Shares

ON Semiconductor Corporation (NASDAQ:ON) VP Paul E. Rolls sold 16,899 shares of the 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

ON Semiconductor Corporation (NASDAQ:ON) traded down $0.04 during mid-day trading on Friday, hitting $22.74. 2,596,584 shares of the stock traded hands, compared to its average volume of 6,878,966. ON Semiconductor Corporation has a one year low of $12.77 and a one year high of $23.20. The firm has a market cap of $9,690.00, a PE ratio of 24.72, a PEG ratio of 0.75 and a beta of 2.02. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.97 and a quick ratio of 1.25.

A number of brokerages recently weighed in on ON. Bank of America reiterated a “buy” rating on shares of ON Semiconductor in a research note on Sunday, October 1st. Craig Hallum began coverage on shares of ON Semiconductor in a research note on Monday, September 25th. They set a “buy” rating and a $25.00 price target for the company. BidaskClub upgraded shares of ON Semiconductor from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. Zacks Investment Research upgraded shares of ON Semiconductor from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a research note on Tuesday, October 17th. Finally, Robert W. Baird reiterated a “buy” rating and set a $25.00 price target on shares of ON Semiconductor in a research note on Tuesday, October 17th. One analyst has rated the stock with a sell rating, eight have given a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. ON Semiconductor has an average rating of “Buy” and an average target price of $21.70.

Several hedge funds have recently added to or reduced their stakes in ON. Oppenheimer Asset Management Inc. increased its holdings in shares of ON Semiconductor by 13.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,060 shares of the semiconductor company’s stock valued at $113,000 after purchasing an additional 960 shares in the last quarter. Marshall Wace North America L.P. purchased a new position in shares of ON Semiconductor in the 2nd quarter valued at about $184,000. BB&T Securities LLC purchased a new position in shares of ON Semiconductor in the 3rd quarter valued at about $187,000. Cambridge Investment Research Advisors Inc. purchased a new position in shares of ON Semiconductor in the 3rd quarter valued at about $200,000. Finally, Airain ltd purchased a new position in shares of ON Semiconductor in the 2nd quarter valued at about $207,000. Institutional investors own 99.53% of the company’s stock.

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ON Semiconductor Company Profile

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.

Insider Buying and Selling by Quarter for ON Semiconductor (NASDAQ:ON)

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