Today, the CEO & Pres. of ON Semi (NASDAQ: ON), Keith D. Jackson, sold shares of ON for $1.92M.
Following Keith D. Jackson’s last ON Sell transaction on February 16, 2016, the stock climbed by 17.5%. In addition to Keith D. Jackson, one other ON executive reported Sell trades in the last month.
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ON’s market cap is $10.7B and the company has a P/E ratio of 12.51. Currently, ON Semi has an average volume of 11.41M.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $28.00, reflecting a -7.7% downside. Four different firms, including Credit Suisse and Goldman Sachs, currently also have a Sell rating on the stock.
The insider sentiment on ON Semi has been negative according to 107 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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ON Semiconductor Corp. engages in the design, manufacture, and marketing of portfolio of semiconductor components. It operates through the following segments: Power Solutions Group, Analog Solutions Group, and Image Sensor Group.
