Onto Innovation (NYSE:ONTO) Director Susan Lynch Sells 1,000 Shares of Stock

Onto Innovation Inc. (NYSE:ONTO) Director Susan Lynch sold 1,000 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $302.30, for a total transaction of $302,300.00. Following the transaction, the director owned 2,684 shares in the company, valued at approximately $811,373.20. This trade represents a 27.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Onto Innovation Price Performance

Shares of Onto Innovation stock traded up $9.47 during midday trading on Tuesday, reaching $292.38. The company had a trading volume of 884,226 shares, compared to its average volume of 1,085,558. The company has a current ratio of 9.73, a quick ratio of 8.33 and a debt-to-equity ratio of 0.77. The stock has a fifty day simple moving average of $303.86 and a 200 day simple moving average of $264.45. Onto Innovation Inc. has a 1-year low of $101.00 and a 1-year high of $386.46. The company has a market capitalization of $14.35 billion, a price-to-earnings ratio of 109.92, a price-to-earnings-growth ratio of 0.98 and a beta of 1.59.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.24. Onto Innovation had a return on equity of 13.44% and a net margin of 11.84%.The firm had revenue of $343.13 million during the quarter, compared to analysts’ expectations of $325.29 million. During the same period in the previous year, the business posted $1.25 EPS. The company’s quarterly revenue was up 35.3% compared to the same quarter last year. Onto Innovation has set its Q3 2026 guidance at 2.180-2.380 EPS. As a group, equities research analysts forecast that Onto Innovation Inc. will post 7.88 earnings per share for the current year.

Institutional Trading of Onto Innovation

Institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers grew its holdings in Onto Innovation by 15.6% during the first quarter. Cetera Investment Advisers now owns 13,266 shares of the semiconductor company’s stock worth $2,720,000 after purchasing an additional 1,793 shares during the period. Entropy Technologies LP acquired a new stake in shares of Onto Innovation in the first quarter valued at approximately $2,877,000. BlackRock Inc. bought a new position in shares of Onto Innovation during the 2nd quarter worth approximately $2,083,436,000. Andar Capital Management HK Ltd acquired a new position in shares of Onto Innovation during the 2nd quarter worth approximately $69,000,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in shares of Onto Innovation during the 4th quarter worth approximately $1,583,000. Institutional investors own 98.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Wall Street Zen upgraded Onto Innovation from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Needham & Company LLC raised their price target on Onto Innovation from $330.00 to $360.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Cantor Fitzgerald lifted their price objective on Onto Innovation from $350.00 to $410.00 and gave the company an “overweight” rating in a report on Monday, June 29th. The Goldman Sachs Group began coverage on Onto Innovation in a research report on Monday, August 17th. They issued a “buy” rating and a $400.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Onto Innovation in a research note on Friday, June 5th. They set a “buy” rating and a $350.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Onto Innovation currently has a consensus rating of “Buy” and a consensus price target of $380.30.

Onto Innovation Company Profile

Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.

Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.