Large Inflow of Money Witnessed in ON Semiconductor Corporation

ON Semiconductor Corporation (NASDAQ:ON) : Wednesdays money flow data in ON Semiconductor Corporation (NASDAQ:ON) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $1.78 million, whereas, $1.1 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.62, in favor of the bulls. The total money flow into the stock was $0.68 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.63 million. The total value of block trades done on upticks was $0.63 million. ON Semiconductor Corporation (NASDAQ:ON) fell $0.02 and traded at $8.66, down -0.17% for the day, over previous days close. On a weekly basis, the shares are -4.79% over the previous weeks close.


In an insider trading activity,The officer (Exec VP & CFO) of On Semiconductor Corp, Gutmann Bernard sold 30,000 shares at $9.44 on March 22, 2016. The Insider selling transaction had a total value worth of $283,200. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1.6% of ON Semiconductor Corporation shares according to the proxy statements. Institutional Investors own 94.37% of ON Semiconductor Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 4.91%.

The company shares have dropped -25.06% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $11.86 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $9.48 and the 200 Day Moving Average price is recorded at $9.15. ON Semiconductor Corporation (NASDAQ:ON): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.80 and $8.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.69, notching a gain of 0.23% for the day. The total traded volume was 3,631,945 . The stock had closed at $8.67 on the previous day.

ON Semiconductor Corporation offers a portfolio of analog, digital and mixed signal ICs, image sensors and custom devices for customers to solve their design challenges in electronic systems and products. The company operates through four segments: Application Products Group designs and develops analog, mixed-signal and logic ASIC and ASSP solutions for end-users in the automotive, consumer electronics, computing, industrial, communications, medical and military/aerospace markets. Image Sensor Group designs and develops CMOS and CCD image sensors and image processors for end-users in the automotive, industrial, consumer electronics, wireless, medical, and military/aerospace markets. Standard Products Group offers discrete and integrated semiconductor products that perform multiple application functions. System Solutions Group designs and develops analog and mixed signal ICs, DSPs, analog and digital tuners, intelligent power modules, memory and discrete semiconductors.

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