Wells Fargo analyst Gary Mobley maintained a Hold rating on ON Semi (ON) on December 6. The company’s shares closed last Monday at $22.14, close to its 52-week high of $23.54.
According to TipRanks.com, Mobley is a 4-star analyst with an average return of 11.9% and a 60.4% success rate. Mobley covers the Consumer Goods sector, focusing on stocks such as Silicon Laboratories, Cadence Design, and Microchip.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ON Semi with a $24.75 average price target.
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The company has a one-year high of $23.54 and a one-year low of $15.06. Currently, ON Semi has an average volume of 5.18M.
Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ON in relation to earlier this year.
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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 Intelligent Sensing Group.
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