ON Semiconductor (NASDAQ:ON) CFO Trent Thad Sells 60,000 Shares of Stock

ON Semiconductor Corporation (NASDAQ:ON) CFO Trent Thad sold 60,000 shares of ON Semiconductor stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $71.22, for a total transaction of $4,273,200.00. Following the completion of the transaction, the chief financial officer owned 339,460 shares of the company’s stock, valued at $24,176,341.20. This represents a 15.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Trent Thad also recently made the following trade(s):

• On Wednesday, December 3rd, Trent Thad sold 20,000 shares of ON Semiconductor stock. The shares were sold at an average price of $55.05, for a total transaction of $1,101,000.00.

ON Semiconductor Stock Down 0.8%

Shares of ON Semiconductor stock traded down $0.55 during trading on Thursday, hitting $70.63. 12,945,711 shares of the stock were exchanged, compared to its average volume of 10,315,307. The stock has a market cap of $28.42 billion, a price-to-earnings ratio of 207.74, a price-to-earnings-growth ratio of 2.92 and a beta of 1.56. The firm’s 50-day moving average price is $58.98 and its 200 day moving average price is $53.20. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.52 and a quick ratio of 3.54. ON Semiconductor Corporation has a 12-month low of $31.04 and a 12-month high of $73.63.

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

ON Semiconductor declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, November 18th that authorizes the company to repurchase $6.00 billion in shares. This repurchase authorization authorizes the semiconductor company to buy up to 32.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Institutional Trading of ON Semiconductor

A number of hedge funds have recently added to or reduced their stakes in the stock. Private Trust Co. NA increased its holdings in shares of ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 220 shares during the period. CVA Family Office LLC grew its position in ON Semiconductor by 83.7% in the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 215 shares during the last quarter. Root Financial Partners LLC increased its stake in ON Semiconductor by 42.1% in the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 149 shares during the period. Quent Capital LLC purchased a new position in ON Semiconductor during the 3rd quarter worth $28,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in ON Semiconductor by 68.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after buying an additional 235 shares during the last quarter. 97.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ON. Cantor Fitzgerald restated a “neutral” rating and issued a $60.00 price objective on shares of ON Semiconductor in a research note on Tuesday. Needham & Company LLC upped their target price on ON Semiconductor from $68.00 to $72.00 and gave the company a “buy” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of ON Semiconductor in a research note on Tuesday. Truist Financial boosted their price objective on ON Semiconductor from $57.00 to $66.00 and gave the company a “hold” rating in a research note on Tuesday. Finally, Craig Hallum restated a “hold” rating on shares of ON Semiconductor in a research report on Tuesday. Twelve research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, ON Semiconductor presently has an average rating of “Hold” and an average price target of $64.19.

ON Semiconductor News Summary

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

• Positive Sentiment: Company reported Q4 EPS above expectations ($0.64 vs. ~$0.62), announced an additional $6B buyback authorization and set Q1 FY26 EPS guidance of $0.560–$0.660 — supports cash-return narrative and buyback-driven upside. Onsemi Is Near a Breakout—And Free Cash Flow Could Fuel It
• Positive Sentiment: JPMorgan raised its price target to $70, reflecting stronger conviction around the recovery and margin expansion potential. JPMorgan Chase & Co. Increases ON Semiconductor (NASDAQ:ON) Price Target to $70.00
• Positive Sentiment: Other firms (Truist, Rosenblatt) also lifted targets recently — incremental analyst support following the quarter. Truist Financial Increases ON Semiconductor (NASDAQ:ON) Price Target to $66.00 Rosenblatt Securities Raises ON Semiconductor (NASDAQ:ON) Price Target to $60.00
• Neutral Sentiment: Barclays initiated coverage with an Equalweight rating — signals more measured/benchmark coverage rather than a strong buy signal. Barclays initiates ON Semiconductor stock coverage with Equalweight rating
• Neutral Sentiment: Several analyst notes and commentary argue the stock looks attractive on a correction (bullish thesis around free cash flow and buybacks), but the overall analyst consensus remains mixed — expect volatility as guidance plays out. ON Semiconductor: A Bargain Despite Outsized Rally – Reiterate Buy Upon Correction
• Negative Sentiment: Benchmark lowered its rating on the stock — a reminder some desks remain skeptical about near-term demand and valuation after the run-up. ON Semiconductor (NASDAQ:ON) Stock Rating Lowered by Benchmark
• Negative Sentiment: Company disclosed a new risk around AI integration (strategic, legal, cyber risks) — could raise execution and compliance costs as ON pursues higher-value AI-related products. AI Integration Poses Strategic, Legal, and Cyber Risks for ON Semiconductor

ON Semiconductor Company Profile

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.