Stocks of ON Semiconductor Corp (NASDAQ:ON) traded higher last session on Wall Street, up 3.04% to $40.98.
ON stock price is now 1.61% away from the 50-day moving average and -31.39% away from the 200-day moving average. The market capitalization of the company currently stands at $17.12B.
With the price target enhanced from $38 to $44, TD Cowen maintained Buy rating for ON Semiconductor Corp (NASDAQ: ON). On April 24, 2025, B. Riley Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $41, while ‘Truist’ rates the stock as ‘Hold’
In other news, Campbell Alan, Director sold 10,000 shares of the company’s stock on Mar 12 ’25. The stock was sold for $432,257 at an average price of $43.23. Upon completion of the transaction, the Director now directly owns 85,006 shares in the company, valued at $3.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Director ALAN CAMPBELL bought 10,000 shares of the business’s stock. A total of $432,256 was incurred on buying the stock at an average price of $43.23. A total of 0.70% of the company’s stock is owned by insiders.
During the past 12 months, ON Semiconductor Corp has had a low of $31.04 and a high of $80.08. As of last week, the company has a debt-to-equity ratio of 0.45, a current ratio of 4.95, and a quick ratio of 3.32.
The net profit margin was 9.51% and return on equity was 7.85% for ON. The company reported revenue of $1.45 billion for the quarter, compared to $1.86 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -22.39 percent.
