onsemi (NASDAQ:ON) Stock Purchase Revealed by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of onsemi (NASDAQ:ON). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $15,001 and $50,000 in onsemi stock on September 28th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

onsemi Stock Up 0.9%

Shares of NASDAQ:ON opened at $76.69 on Wednesday. onsemi has a 52-week low of $44.56 and a 52-week high of $134.92. The firm has a fifty day moving average of $76.11 and a 200 day moving average of $89.59. The firm has a market capitalization of $29.86 billion, a PE ratio of 49.16, a price-to-earnings-growth ratio of 0.63 and a beta of 2.05. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.49 and a current ratio of 3.46.

onsemi (NASDAQ:ON) last announced its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.72 by $0.02. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%. The company’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.53 EPS. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. As a group, research analysts anticipate that onsemi will post 3.20 EPS for the current fiscal year.

Institutional Investors Weigh In On onsemi

Several institutional investors and hedge funds have recently bought and sold shares of ON. Janus Henderson Group PLC increased its stake in shares of onsemi by 10.9% during the first quarter. Janus Henderson Group PLC now owns 13,700,884 shares of the semiconductor company’s stock valued at $848,392,000 after buying an additional 1,345,894 shares during the period. Van ECK Associates Corp lifted its stake in onsemi by 16.6% in the second quarter. Van ECK Associates Corp now owns 5,143,343 shares of the semiconductor company’s stock worth $486,252,000 after acquiring an additional 731,540 shares during the period. Pictet Asset Management Holding SA lifted its stake 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 worth $284,495,000 after acquiring an additional 615,905 shares during the period. Assenagon Asset Management S.A. lifted its position in shares of 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 during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of onsemi by 6.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,442,177 shares of the semiconductor company’s stock valued at $212,997,000 after purchasing an additional 207,587 shares in the last quarter. Hedge funds and other institutional investors own 97.70% of the company’s stock.

onsemi News Roundup

Here are the key news stories impacting onsemi this week:

• Positive Sentiment: onsemi’s amended agreement to acquire Synaptics reportedly lowers the purchase price and is expected to be immediately accretive to earnings. The deal also strengthens onsemi’s exposure to rising AI-infrastructure demand, providing a key catalyst for the stock. ON Semiconductor Revises Synaptics Deal Terms
• Positive Sentiment: Investor commentary characterized onsemi as a potential semiconductor comeback story. The company’s latest quarter showed revenue growth, an earnings beat and improving conditions that could support a recovery from its prior downturn. ON Could Be One of the Semiconductor Sector’s Biggest Comeback Stories
• Positive Sentiment: A separate analysis highlighted onsemi’s strong cash-flow potential and longer-term opportunity tied to AI and power-semiconductor demand, reinforcing the bullish recovery narrative. ON Semiconductor Strong Cash Flow and AI Growth Potential
• Neutral Sentiment: Cirrus Logic clarified that it had previously submitted acquisition proposals for Synaptics. While the announcement adds competitive and transaction context, it does not appear to change onsemi’s revised agreement directly. Cirrus Logic Clarifies Role in Synaptics–onsemi Merger
• Negative Sentiment: Recent weakness in semiconductor and technology shares, along with profit-taking after a sharp pullback, has kept pressure on onsemi. Analysts noted that the decline appeared largely tied to broader sector weakness rather than a new company-specific warning. Don’t Sweat ON Semiconductor Stock’s Recent Pullback

Insider Buying and Selling at onsemi

In related news, insider Sudhir Gopalswamy sold 15,578 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $80.00, for a total transaction of $1,246,240.00. Following the transaction, the insider owned 158,177 shares in the company, valued at $12,654,160. The trade was a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.35% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on ON. Sanford C. Bernstein reiterated an “outperform” rating and issued a $62.00 price objective on shares of onsemi in a report on Wednesday, August 12th. Susquehanna boosted their price objective on onsemi from $140.00 to $150.00 and gave the company a “positive” rating in a research report on Thursday, July 9th. Evercore reiterated an “outperform” rating and issued a $137.00 price objective on shares of onsemi in a research report on Friday, June 26th. Citigroup cut their target price on shares of onsemi from $120.00 to $98.00 and set a “neutral” rating on the stock in a report on Wednesday, August 5th. Finally, Zacks Research lowered shares of onsemi from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Fifteen analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $95.56.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

onsemi Company 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.