15,938 onsemi $ON Shares Sold by Inspire Investing LLC

Inspire Investing LLC lowered its stake in onsemi (NASDAQ:ON) by 19.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,060 shares of the semiconductor company’s stock after selling 15,938 shares during the period. Inspire Investing LLC’s holdings in onsemi were worth $5,232,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ON. Janus Henderson Group PLC boosted its holdings in shares of onsemi by 10.9% during the 1st quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock valued at $848,392,000 after acquiring an additional 1,345,894 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in onsemi by 74.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,807,808 shares of the semiconductor company’s stock worth $265,450,000 after purchasing an additional 1,201,534 shares in the last quarter. Boston Trust Walden Corp increased its holdings in onsemi by 524.0% in the 1st quarter. Boston Trust Walden Corp now owns 1,038,146 shares of the semiconductor company’s stock worth $64,282,000 after purchasing an additional 871,786 shares in the last quarter. Van ECK Associates Corp increased its holdings in onsemi by 16.6% in the 2nd quarter. Van ECK Associates Corp now owns 5,143,343 shares of the semiconductor company’s stock worth $486,252,000 after purchasing an additional 731,540 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its position in onsemi by 15.5% in the first quarter. Pictet Asset Management Holding SA now owns 4,597,886 shares of the semiconductor company’s stock valued at $284,495,000 after purchasing an additional 615,905 shares during the last quarter. Institutional investors own 97.70% of the company’s stock.

Insider Activity at onsemi

In related news, insider Sudhir Gopalswamy sold 15,578 shares of the company’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the sale, the insider owned 158,177 shares in the company, valued at $12,654,160. This represents a 8.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by insiders.

onsemi Price Performance

ON stock opened at $72.25 on Friday. The firm has a market cap of $28.13 billion, a price-to-earnings ratio of 46.31, a PEG ratio of 0.60 and a beta of 2.05. The company has a quick ratio of 2.49, a current ratio of 3.46 and a debt-to-equity ratio of 0.51. onsemi has a 12-month low of $44.56 and a 12-month high of $134.92. The company’s fifty day simple moving average is $75.02 and its 200 day simple moving average is $90.13.

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, topping analysts’ consensus estimates of $0.72 by $0.02. onsemi had a return on equity of 14.06% and a net margin of 10.17%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the business posted $0.53 EPS. The business’s revenue was up 9.2% compared to the same quarter last year. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. On average, analysts expect that onsemi will post 3.21 earnings per share for the current year.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi’s silicon-carbide technology was selected by Sungrow for its PowerTitan 3.0 utility-scale energy-storage platform, supporting power-conversion systems of up to 450 kW. The win strengthens onsemi’s position in the growing battery-storage and power-efficiency markets. Can Analyst Optimism Change The Bull Case For ON Semiconductor
• Positive Sentiment: B. Riley maintained a “Buy” rating while lowering its price target from $127 to $105. Although the reduction signals more conservative expectations, the revised target still implies substantial upside from the stock’s referenced price. B. Riley Stock Recommendations
• Neutral Sentiment: Recent product announcements featuring onsemi image sensors, including the AR0521 and AR0234, indicate ongoing use of the company’s components in surveillance and pedestrian-safety cameras, but the releases do not provide material details on revenue or order size. Vadzo Imaging Positions Falcon-521CRS
• Negative Sentiment: Analyst target reductions—including B. Riley’s cut and a separate TD Cowen reduction—are weighing on sentiment by implying that the recovery outlook and near-term semiconductor demand may be weaker than previously expected. onsemi Stock Gets Price Target Reduction from TD Cowen

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Needham & Company LLC reissued a “buy” rating and set a $116.00 price target on shares of onsemi in a research note on Friday, October 2nd. Evercore reaffirmed an “outperform” rating and issued a $137.00 price objective on shares of onsemi in a research note on Friday, June 26th. Stifel Nicolaus upped their price objective on onsemi from $75.00 to $80.00 and gave the company a “hold” rating in a research note on Monday, October 5th. Weiss Ratings upgraded shares of onsemi from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 7th. Finally, Stonex Financia upgraded shares of onsemi to a “strong-buy” rating in a research report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $92.68.

About onsemi

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.