ON Semiconductor Corporation (ON) VP Paul E. Rolls Sells 35,768 Shares

ON Semiconductor Corporation (NASDAQ:ON) VP Paul E. Rolls sold 35,768 shares of the stock in a transaction on Thursday, October 12th. The stock was sold at an average price of $19.41, for a total value of $694,256.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

ON Semiconductor Corporation (NASDAQ:ON) opened at 19.59 on Tuesday. ON Semiconductor Corporation has a 12-month low of $10.74 and a 12-month high of $19.82. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 28.85 and a beta of 2.01. The company’s 50-day moving average price is $17.81 and its 200-day moving average price is $15.82.

WARNING: “ON Semiconductor Corporation (ON) VP Paul E. Rolls Sells 35,768 Shares” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another domain, it was stolen and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://ledgergazette.com/2017/10/17/on-semiconductor-corporation-on-vp-paul-e-rolls-sells-35768-shares.html.

A number of research analysts have recently commented on ON shares. BidaskClub lowered ON Semiconductor Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Zacks Investment Research lowered ON Semiconductor Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Needham & Company LLC raised ON Semiconductor Corporation from a “buy” rating to a “strong-buy” rating in a report on Monday, August 7th. B. Riley raised their price target on ON Semiconductor Corporation from $18.00 to $21.00 and gave the company a “buy” rating in a report on Monday, August 7th. Finally, Credit Suisse Group raised their price target on ON Semiconductor Corporation from $13.50 to $14.50 and gave the company an “underperform” rating in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $18.55.

Several hedge funds have recently added to or reduced their stakes in ON. Oppenheimer Asset Management Inc. bought a new stake in shares of ON Semiconductor Corporation during the first quarter worth $110,000. Tower Research Capital LLC TRC raised its position in shares of ON Semiconductor Corporation by 2,234.7% during the first quarter. Tower Research Capital LLC TRC now owns 10,039 shares of the semiconductor company’s stock worth $156,000 after acquiring an additional 9,609 shares during the last quarter. Nine Chapters Capital Management LLC bought a new stake in shares of ON Semiconductor Corporation during the second quarter worth $157,000. Marshall Wace North America L.P. bought a new stake in shares of ON Semiconductor Corporation during the second quarter worth $184,000. Finally, Airain ltd bought a new stake in shares of ON Semiconductor Corporation during the second quarter worth $207,000. Institutional investors own 97.92% of the company’s stock.

ON Semiconductor Corporation Company Profile

ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. The Company’s segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group. The Power Solutions Group offers a range of discrete, module and integrated semiconductor products.

NASDAQ:ON) opened at 19.59 on Tuesday. ON Semiconductor Corporation has a 12-month low of $10.74 and a 12-month high of $19.82. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 28.85 and a beta of 2.01. The company’s 50-day moving average price is $17.81 and its 200-day moving average price is $15.82.

WARNING: “ON Semiconductor Corporation (ON) VP Paul E. Rolls Sells 35,768 Shares” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another domain, it was stolen and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://ledgergazette.com/2017/10/17/on-semiconductor-corporation-on-vp-paul-e-rolls-sells-35768-shares.html.

A number of research analysts have recently commented on ON shares. BidaskClub lowered ON Semiconductor Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Zacks Investment Research lowered ON Semiconductor Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Needham & Company LLC raised ON Semiconductor Corporation from a “buy” rating to a “strong-buy” rating in a report on Monday, August 7th. B. Riley raised their price target on ON Semiconductor Corporation from $18.00 to $21.00 and gave the company a “buy” rating in a report on Monday, August 7th. Finally, Credit Suisse Group raised their price target on ON Semiconductor Corporation from $13.50 to $14.50 and gave the company an “underperform” rating in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $18.55.

Several hedge funds have recently added to or reduced their stakes in ON. Oppenheimer Asset Management Inc. bought a new stake in shares of ON Semiconductor Corporation during the first quarter worth $110,000. Tower Research Capital LLC TRC raised its position in shares of ON Semiconductor Corporation by 2,234.7% during the first quarter. Tower Research Capital LLC TRC now owns 10,039 shares of the semiconductor company’s stock worth $156,000 after acquiring an additional 9,609 shares during the last quarter. Nine Chapters Capital Management LLC bought a new stake in shares of ON Semiconductor Corporation during the second quarter worth $157,000. Marshall Wace North America L.P. bought a new stake in shares of ON Semiconductor Corporation during the second quarter worth $184,000. Finally, Airain ltd bought a new stake in shares of ON Semiconductor Corporation during the second quarter worth $207,000. Institutional investors own 97.92% of the company’s stock.

ON Semiconductor Corporation Company Profile

ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. The Company’s segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group. The Power Solutions Group offers a range of discrete, module and integrated semiconductor products.

Insider Buying and Selling by Quarter for ON Semiconductor Corporation (NASDAQ:ON)

Receive News & Ratings for ON Semiconductor Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ON Semiconductor Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply