Forsta AP Fonden Trims Stake in onsemi $ON

Forsta AP Fonden lessened its stake in onsemi (NASDAQ:ON) by 9.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,600 shares of the semiconductor company’s stock after selling 7,900 shares during the period. Forsta AP Fonden’s holdings in onsemi were worth $4,310,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Pictet Asset Management Holding SA increased its stake in onsemi by 38.8% in the 4th quarter. Pictet Asset Management Holding SA now owns 3,981,981 shares of the semiconductor company’s stock worth $215,624,000 after buying an additional 1,112,774 shares during the period. M&G PLC increased its stake in onsemi by 7.6% in the 3rd quarter. M&G PLC now owns 2,647,003 shares of the semiconductor company’s stock worth $129,703,000 after buying an additional 187,899 shares during the period. Quantbot Technologies LP increased its stake in onsemi by 67.3% in the 3rd quarter. Quantbot Technologies LP now owns 94,146 shares of the semiconductor company’s stock worth $4,642,000 after buying an additional 37,881 shares during the period. DNB Asset Management AS increased its stake in onsemi by 30.9% in the 3rd quarter. DNB Asset Management AS now owns 723,688 shares of the semiconductor company’s stock worth $35,685,000 after buying an additional 170,635 shares during the period. Finally, Fox Run Management L.L.C. purchased a new position in onsemi in the 3rd quarter worth about $991,000. Hedge funds and other institutional investors own 97.70% of the company’s stock.

Insider Transactions at onsemi

In other news, insider Sudhir Gopalswamy sold 6,114 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $58.67, for a total value of $358,708.38. Following the sale, the insider directly owned 173,943 shares in the company, valued at approximately $10,205,235.81. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Trent Thad sold 30,000 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $93.00, for a total transaction of $2,790,000.00. Following the completion of the sale, the chief financial officer owned 301,194 shares in the company, valued at $28,011,042. This represents a 9.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 66,114 shares of company stock worth $5,548,708 over the last 90 days. Company insiders own 0.35% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on ON. Benchmark downgraded shares of onsemi from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Evercore reaffirmed an “outperform” rating on shares of onsemi in a research note on Tuesday, May 5th. Cantor Fitzgerald raised their price target on shares of onsemi from $95.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Mizuho raised their target price on shares of onsemi from $130.00 to $150.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Finally, Bank of America raised their target price on shares of onsemi from $115.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $92.00.

onsemi Trading Up 6.4%

NASDAQ ON opened at $128.64 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87. The company has a market capitalization of $50.41 billion, a price-to-earnings ratio of 91.23, a price-to-earnings-growth ratio of 1.08 and a beta of 1.97. The company’s 50-day simple moving average is $89.67 and its two-hundred day simple moving average is $69.68. onsemi has a one year low of $41.88 and a one year high of $130.48.

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

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi has been included in new leveraged semiconductor ETFs tied to AI and chip exposure, which can boost investor attention and trading demand for the stock. AI Infrastructure Investing Goes Deeper: New Leveraged Semiconductor ETFs Tied To Microchip, NXP, ON Semi Hits The Market
• Positive Sentiment: A new product launch from Vadzo Imaging uses onsemi’s AR0234 sensor, highlighting continued design wins and demand for onsemi components in machine vision and imaging applications. Vadzo Imaging Launches MerlinPlus-234CGS: 2MP Color Global Shutter USB Camera with On-Board Storage, Based on Onsemi AR0234
• Neutral Sentiment: Recent marketplace news around onsemi-linked products and AI hardware reinforces the company’s relevance in growth markets, but does not add materially new financial information. Vadzo Imaging Introduces Innova-821CRE: 8MP Color HDR 4K GigE Camera Based on Onsemi AR0821 Sensor

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.