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

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased $15,001–$50,000 of onsemi shares on September 28 through a Bank of America trust account.
• onsemi recently exceeded quarterly expectations, reporting $0.74 EPS and $1.60 billion in revenue, while revenue increased 9.2% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $95.56.
• Institutional investors own 97.7% of onsemi, with several firms increasing their positions. The stock is supported by potential growth from its revised Synaptics acquisition and AI-related demand, though broader semiconductor-sector weakness remains a risk.

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 Trading Up 0.9%

onsemi stock opened at $76.69 on Wednesday. The stock has a market cap of $29.86 billion, a P/E ratio of 49.16, a PEG ratio of 0.63 and a beta of 2.05. onsemi has a fifty-two week low of $44.56 and a fifty-two week high of $134.92. The firm's fifty day moving average price is $76.11 and its 200-day moving average price is $89.59. 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 - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.02. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. onsemi had a return on equity of 14.06% and a net margin of 10.17%. The firm's revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 earnings per share. onsemi has set its Q3 2026 guidance at 0.810-0.930 EPS. Equities research analysts forecast that onsemi will post 3.20 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ON. Krilogy Financial LLC boosted its holdings in shares of onsemi by 14.5% in the 3rd quarter. Krilogy Financial LLC now owns 12,114 shares of the semiconductor company's stock worth $921,000 after purchasing an additional 1,532 shares in the last quarter. Contravisory Investment Management Inc. raised its holdings in shares of onsemi by 6.1% during the 3rd quarter. Contravisory Investment Management Inc. now owns 17,433 shares of the semiconductor company's stock valued at $1,340,000 after buying an additional 1,007 shares in the last quarter. NorthCrest Asset Manangement LLC raised its holdings in shares of onsemi by 15.1% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 9,060 shares of the semiconductor company's stock valued at $719,000 after buying an additional 1,191 shares in the last quarter. Perpetual Ltd purchased a new position in shares of onsemi during the 3rd quarter valued at about $311,000. Finally, Wedmont Private Capital lifted its position in onsemi by 31.3% in the 3rd quarter. Wedmont Private Capital now owns 4,048 shares of the semiconductor company's stock worth $321,000 after buying an additional 964 shares during the last quarter. Institutional investors own 97.70% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on ON shares. Mizuho lowered their price target on onsemi from $110.00 to $95.00 and set an "outperform" rating on the stock in a report on Thursday, September 17th. Needham & Company LLC reissued a "buy" rating and set a $116.00 price objective on shares of onsemi in a report on Friday, October 2nd. Weiss Ratings upgraded shares of onsemi from a "sell (d+)" rating to a "hold (c)" rating in a research report on Friday, August 7th. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $85.00 target price on shares of onsemi in a research note on Thursday, September 17th. Finally, Seaport Research Partners assumed coverage on shares of onsemi in a research note on Tuesday, September 22nd. They issued a "buy" rating and a $100.00 target price on the stock. Fifteen investment analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $95.56.

Key Stories Impacting onsemi

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 Transactions at onsemi

In other onsemi news, insider Sudhir Gopalswamy sold 15,578 shares of the company's stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $80.00, for a total value of $1,246,240.00. Following the completion of the sale, the insider owned 158,177 shares of the company's stock, valued at $12,654,160. This represents 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 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 corporate insiders.

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.

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