Nisa Funding Advisors LLC elevated its holdings in Onsemi (NASDAQ:ON – Free Report) by 24.2% in the course of the third quarter, in keeping with its most up-to-date Kind 13F submitting with the Securities and Change Fee (SEC). The fund owned 42,028 shares of the semiconductor firm’s inventory after buying an extra 8,182 shares in the course of the quarter. Nisa Funding Advisors LLC’s holdings in Onsemi had been price $3,052,000 as of its most up-to-date submitting with the Securities and Change Fee (SEC).
Different hedge funds additionally just lately purchased and offered shares of the corporate. Mediolanum Worldwide Funds Ltd purchased a brand new place in Onsemi within the 1st quarter price $2,447,000. Assenagon Asset Administration S.A. lifted its holdings in Onsemi by 690.2% within the second quarter. Assenagon Asset Administration S.A. now owns 101,318 shares of the semiconductor firm’s inventory price $6,945,000 after shopping for an extra 88,496 shares in the course of the interval. Norden Group LLC purchased a brand new stake in Onsemi in the course of the 1st quarter valued at roughly $774,000. Axxcess Wealth Administration LLC bought a brand new place in shares of Onsemi in the course of the 1st quarter price roughly $808,000. Lastly, Meeder Asset Administration Inc. raised its place in shares of Onsemi by 42.9% within the 1st quarter. Meeder Asset Administration Inc. now owns 26,029 shares of the semiconductor firm’s inventory price $1,914,000 after buying an extra 7,820 shares within the final quarter. Hedge funds and different institutional traders personal 97.70% of the corporate’s inventory.
Onsemi Worth Efficiency
Shares of ON opened at $70.99 on Friday. The agency has a fifty day easy transferring common of $71.27 and a two-hundred day easy transferring common of $71.52. The agency has a market cap of $30.23 billion, a PE ratio of 17.62, a P/E/G ratio of seven.89 and a beta of 1.65. The corporate has a present ratio of three.07, a fast ratio of 1.95 and a debt-to-equity ratio of 0.30. Onsemi has a 1-year low of $59.34 and a 1-year excessive of $86.77.
Onsemi (NASDAQ:ON – Get Free Report) final posted its earnings outcomes on Monday, October twenty eighth. The semiconductor firm reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.02. Onsemi had a return on fairness of twenty-two.38% and a internet margin of 23.80%. The corporate had income of $1.76 billion for the quarter, in comparison with the consensus estimate of $1.75 billion. Throughout the identical quarter within the prior yr, the corporate earned $1.39 earnings per share. Onsemi’s income was down 19.2% on a year-over-year foundation. On common, equities analysts anticipate that Onsemi will put up 4 EPS for the present yr.
Insiders Place Their Bets
In associated information, CEO Hassane El-Khoury offered 1,500 shares of Onsemi inventory in a transaction on Tuesday, October fifteenth. The inventory was offered at a mean worth of $72.71, for a complete transaction of $109,065.00. Following the transaction, the chief government officer now instantly owns 839,210 shares within the firm, valued at roughly $61,018,959.10. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible by the SEC web site. Insiders personal 0.31% of the corporate’s inventory.
Wall Road Analysts Forecast Progress
ON has been the subject of a number of current analysis reviews. Rosenblatt Securities reaffirmed a “impartial” score and issued a $75.00 worth goal on shares of Onsemi in a analysis notice on Tuesday. BNP Paribas decreased their goal worth on shares of Onsemi from $60.00 to $55.00 in a analysis report on Friday, October twenty fifth. Mizuho set a $85.00 worth goal on shares of Onsemi in a analysis report on Friday, October 18th. Financial institution of America upped their worth goal on shares of Onsemi from $80.00 to $90.00 and gave the inventory a “purchase” score in a report on Tuesday, July thirtieth. Lastly, Roth Mkm lifted their goal worth on shares of Onsemi from $90.00 to $100.00 and gave the corporate a “purchase” score in a report on Tuesday, July thirtieth. Two funding analysts have rated the inventory with a promote score, six have assigned a maintain score and fifteen have assigned a purchase score to the corporate. In response to MarketBeat, Onsemi at present has a consensus score of “Average Purchase” and a mean worth goal of $85.91.
View Our Newest Inventory Evaluation on Onsemi
Onsemi Profile
onsemi is engaged in disruptive improvements and likewise a provider of energy and analog semiconductors. The agency provides automobile electrification and security, sustainable power grids, industrial automation, and 5G and cloud infrastructure, with a concentrate on automotive and industrial end-markets. It operates by the next segments: Energy Options Group, Superior Options Group, and Clever Sensing Group.
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