APG Asset Management N.V. Sells 6,758 Shares of ON Semiconductor Corporation $ON

Key Points

• APG Asset Management N.V. reduced its stake in ON Semiconductor by 2.7% during Q1, now holding 248,064 shares worth approximately $9.34 million.
• CEO Hassane El-Khoury sold 15,000 shares at $51.22 each, decreasing his ownership by 1.51% and retaining around 977,814 shares valued at over $50 million.
• ON Semiconductor reported Q2 earnings with an EPS of $0.53, missing estimates, and its quarterly revenue decreased by 15.4% year-over-year, alongside setting Q3 2025 EPS guidance between 0.540-0.640.

APG Asset Management N.V. cut its stake in ON Semiconductor Corporation (NASDAQ:ON - Free Report) by 2.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 248,064 shares of the semiconductor company's stock after selling 6,758 shares during the quarter. APG Asset Management N.V. owned about 0.06% of ON Semiconductor worth $9,344,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Costello Asset Management INC bought a new stake in ON Semiconductor in the first quarter worth $26,000. Golden State Wealth Management LLC lifted its position in ON Semiconductor by 83.3% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company's stock worth $29,000 after buying an additional 320 shares during the last quarter. Elequin Capital LP lifted its position in ON Semiconductor by 108.3% in the fourth quarter. Elequin Capital LP now owns 527 shares of the semiconductor company's stock worth $33,000 after buying an additional 274 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in ON Semiconductor in the first quarter worth $41,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in ON Semiconductor by 69.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,263 shares of the semiconductor company's stock worth $51,000 after buying an additional 518 shares during the last quarter. 97.70% of the stock is currently owned by institutional investors.

Insider Activity at ON Semiconductor

In other news, CEO Hassane El-Khoury sold 15,000 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $51.22, for a total transaction of $768,300.00. Following the transaction, the chief executive officer owned 977,814 shares in the company, valued at approximately $50,083,633.08. This trade represents a 1.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.31% of the company's stock.

ON Semiconductor Stock Performance

Shares of ON Semiconductor stock opened at $50.95 on Tuesday. The firm has a market cap of $20.84 billion, a P/E ratio of 47.62, a P/E/G ratio of 2.58 and a beta of 1.45. The company has a current ratio of 5.02, a quick ratio of 3.37 and a debt-to-equity ratio of 0.42. ON Semiconductor Corporation has a 12 month low of $31.04 and a 12 month high of $78.61. The stock's fifty day moving average price is $54.28 and its 200-day moving average price is $47.30.

ON Semiconductor (NASDAQ:ON - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.01). The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.45 billion. ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The business's quarterly revenue was down 15.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.96 EPS. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. On average, equities research analysts expect that ON Semiconductor Corporation will post 2.6 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on ON. B. Riley reiterated a "neutral" rating on shares of ON Semiconductor in a research report on Tuesday, August 5th. JPMorgan Chase & Co. lifted their target price on ON Semiconductor from $48.00 to $56.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Citigroup decreased their target price on ON Semiconductor from $60.00 to $54.00 and set a "neutral" rating for the company in a research report on Tuesday, August 5th. Truist Financial lifted their target price on ON Semiconductor from $43.00 to $49.00 and gave the stock a "hold" rating in a research report on Tuesday, August 5th. Finally, Loop Capital decreased their target price on ON Semiconductor from $65.00 to $55.00 and set a "buy" rating for the company in a research report on Tuesday, May 6th. Twelve investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $56.84.

ON Semiconductor 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.

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