ON Semiconductor (NASDAQ:ON) CFO Trent Thad Sells 30,000 Shares

ON Semiconductor Corporation (NASDAQ:ON) CFO Trent Thad sold 30,000 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $80.00, for a total value of $2,400,000.00. Following the transaction, the chief financial officer owned 331,194 shares of the company’s stock, valued at $26,495,520. This represents a 8.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, February 12th, Trent Thad sold 60,000 shares of ON Semiconductor stock. The stock was sold at an average price of $71.22, for a total value of $4,273,200.00.

ON Semiconductor Price Performance

Shares of ON stock traded up $3.08 during trading hours on Friday, hitting $83.01. 15,735,714 shares of the company’s stock were exchanged, compared to its average volume of 8,781,528. The stock’s 50-day moving average is $64.97 and its 200-day moving average is $57.75. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.52 and a quick ratio of 2.98. The stock has a market cap of $32.65 billion, a price-to-earnings ratio of 244.15, a price-to-earnings-growth ratio of 0.73 and a beta of 1.53. ON Semiconductor Corporation has a 52 week low of $33.20 and a 52 week high of $83.52.

ON Semiconductor (NASDAQ:ON) last announced its earnings results on Monday, February 9th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate 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%.The business’s revenue for the quarter was down 11.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.95 earnings per share. ON Semiconductor has set its Q1 2026 guidance at 0.560-0.660 EPS. As a group, research analysts forecast that ON Semiconductor Corporation will post 2.6 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ON shares. JPMorgan Chase & Co. raised their price target on ON Semiconductor from $56.00 to $70.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Wall Street Zen upgraded ON Semiconductor from a “hold” rating to a “buy” rating in a report on Monday. Evercore reiterated an “outperform” rating on shares of ON Semiconductor in a report on Wednesday, January 7th. Citigroup raised their price target on ON Semiconductor from $66.00 to $68.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Finally, UBS Group reiterated a “neutral” rating on shares of ON Semiconductor in a report on Monday, February 2nd. Thirteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, ON Semiconductor has an average rating of “Hold” and a consensus target price of $64.96.

More ON Semiconductor News

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

• Positive Sentiment: Bank of America upgraded ON to a Buy, calling out an expanding AI power?solutions pipeline (Treo platform) and highlighting a multi?billion?dollar share?buyback that supports near?term EPS and valuation upside. Bank Of America Upgrade Reframes ON Semiconductor Buyback And Valuation Story
• Positive Sentiment: Unusual bullish options activity and above?average trading volume point to speculative and institutional positioning for further gains; several market writeups flagged a sharp intraday rally tied to these flows. ON Semiconductor Corp. (ON) Moves 10.4% Higher: Will This Strength Last?
• Neutral Sentiment: onsemi confirmed its Q1 (period ended Apr 3) earnings release date for May 4 — a scheduled catalyst that could extend momentum or trigger profit?taking depending on results and guidance. Investors should watch the report and accompanying commentary. onsemi to Announce First Quarter Financial Results
• Neutral Sentiment: Market commentary is weighing whether the rally is driven primarily by product roadmap credibility (AI power solutions) or by the buyback/capital?returns story — both can support the stock but imply different execution risks and timeframes. ON Semiconductor stock extends rally as BofA upgrade flags upside potential
• Negative Sentiment: Recent fundamentals remain mixed: in its last quarter ON posted revenue that missed/declined year?over?year (revenue down ~11% YoY) and EPS that only slightly beat consensus — underlying demand softness and margin pressure are still present. Those are potential headwinds if execution or AI revenue cadence disappoints.
• Negative Sentiment: Insider selling has been notable in recent months (multiple exec sales), which can weigh on sentiment if investors interpret it as reduced insider conviction; the stock also trades at rich near?term multiples, increasing sensitivity to any guidance cut. $ON stock is up 7% today. Here’s what we see in our data.

Hedge Funds Weigh In On ON Semiconductor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Evexia Wealth LLC grew its stake in ON Semiconductor by 1.1% during the first quarter. Evexia Wealth LLC now owns 13,328 shares of the semiconductor company’s stock worth $825,000 after purchasing an additional 142 shares during the period. Root Financial Partners LLC boosted its holdings in ON Semiconductor by 42.1% in the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 149 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its holdings in ON Semiconductor by 28.2% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 728 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 160 shares in the last quarter. Parallel Advisors LLC boosted its holdings in ON Semiconductor by 3.3% in the fourth quarter. Parallel Advisors LLC now owns 5,847 shares of the semiconductor company’s stock worth $317,000 after acquiring an additional 189 shares in the last quarter. Finally, Cromwell Holdings LLC boosted its holdings in ON Semiconductor by 17.4% in the fourth quarter. Cromwell Holdings LLC now owns 1,312 shares of the semiconductor company’s stock worth $71,000 after acquiring an additional 194 shares in the last quarter. Institutional investors own 97.70% of the company’s stock.

About ON Semiconductor

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.