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

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed buying $1,001–$15,000 of onsemi shares on October 14, in an account held through a trust.
• onsemi’s latest quarter topped expectations, with EPS of $0.90 versus $0.88 forecast and revenue up 11% year over year to $1.72 billion. AI data-center revenue surged 175% from a smaller base.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $95.03; the stock was quoted at $73.88 in the article.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of onsemi (NASDAQ:ON). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in onsemi stock on October 14th. 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 $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 11/2/2026.
• Purchased $1,001 - $15,000 in shares of argenex NASDAQ: ARGX on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Illumina NASDAQ: ILMN on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 10/27/2026.
• Sold $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 10/27/2026.
• Purchased $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 10/27/2026.
• Sold $1,001 - $15,000 in shares of Micron Solutions OTCMKTS: MICR on 10/21/2026.
• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/21/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 10/21/2026.

onsemi Price Performance

ON stock traded up $0.26 during midday trading on Thursday, reaching $73.88. The company had a trading volume of 1,224,774 shares, compared to its average volume of 10,595,979. The company has a market capitalization of $28.76 billion, a P/E ratio of 42.75, a P/E/G ratio of 0.56 and a beta of 2.11. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.55 and a quick ratio of 2.61. onsemi has a 1 year low of $44.56 and a 1 year high of $134.92. The firm has a 50-day moving average price of $74.08 and a 200-day moving average price of $82.28.

onsemi (NASDAQ:ON - Get Free Report) last released its earnings results on Monday, November 2nd. The semiconductor company reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.02. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.71 billion. onsemi had a return on equity of 15.53% and a net margin of 10.82%. onsemi's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.63 EPS. On average, research analysts anticipate that onsemi will post 3.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In related 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 sale, the insider owned 158,177 shares in the company, 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 at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.35% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ON. Provenance Wealth Advisors LLC increased its position in shares of onsemi by 3,318.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 376 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 365 shares during the period. Ascentis Independent Advisors purchased a new position in shares of onsemi in the first quarter worth about $36,000. Ninety One UK Ltd purchased a new position in shares of onsemi in the third quarter worth about $36,000. Compass Financial Management LLC acquired a new stake in shares of onsemi during the second quarter worth about $67,000. Finally, First Command Advisory Services Inc. lifted its holdings in shares of onsemi by 157.5% during the third quarter. First Command Advisory Services Inc. now owns 1,424 shares of the semiconductor company's stock worth $109,000 after purchasing an additional 871 shares during the period. 97.70% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting onsemi

Investors following ON have been watching these stories:

• Positive Sentiment: onsemi launched its fourth-generation EliteSiC M4 platform for AI data centers, electric vehicles and energy infrastructure. The company says the devices can deliver up to 35% lower losses than the prior generation, with a 750-volt automotive traction die among the early offerings. ON Semiconductor Stock Gets A Lift From New Chip Platform And Earnings Momentum
• Positive Sentiment: Recent third-quarter results provide further support: revenue rose 11% year over year to about $1.72 billion, while AI data-center revenue grew 175% from a smaller base. An InvestorPlace contributor also named ON a 2027 pick, citing its sensing and power technologies for AI-related applications. What Could ON Semiconductor Gain From Its EliteSiC M4 Launch? Best Stocks for 2027: 3 Experts Name Their Top Picks

Wall Street Analyst Weigh In

ON has been the topic of a number of research analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $116.00 target price on shares of onsemi in a report on Tuesday, November 3rd. Sanford C. Bernstein reissued an "outperform" rating and set a $62.00 price target on shares of onsemi in a research report on Wednesday, August 12th. TD Cowen restated a "hold" rating and set a $75.00 target price on shares of onsemi in a research note on Tuesday, November 3rd. B. Riley Financial dropped their price target on onsemi from $105.00 to $97.00 and set a "buy" rating on the stock in a research note on Tuesday, November 3rd. Finally, Susquehanna reduced their target price on shares of onsemi from $150.00 to $120.00 and set a "positive" rating for the company in a report on Wednesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and sixteen have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $95.03.

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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