On Semiconductor Corp (ON): Paul E Rolls , Exec VP Sales & Marketing of On Semiconductor Corp sold 5,246 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $12.00 per share for a total value of $62,952.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 29, 2016, Paul E Rolls (Exec VP Sales & Marketing) sold 15,000 shares at $11.25 per share price.On Mar 24, 2016, Bernard Gutmann (Exec VP & CFO) sold 30,000 shares at $9.44 per share price.Also, On Mar 4, 2016, Daryl Ostrander (director) sold 5,700 shares at $9.05 per share price.On Feb 16, 2016, Teresa Ressel (director) purchased 86,037 shares at $7.04 per share price.
ON Semiconductor Corp: On Thursday, Sep 22, 2016 heightened volatility was witnessed in ON Semiconductor Corp which led to swings in the share price. The shares opened for trading at $11.95 and hit $12.22 on the upside , eventually ending the session at $12.04, with a gain of 2.21% or 0.26 points. The heightened volatility saw the trading volume jump to 1,16,86,553 shares. The 52-week high of the share price is $12 and the company has a market cap of $5,003 M . The 52-week low of the share price is at $6.97.
Company has been under the radar of several Street Analysts.ON Semiconductor Corp is Upgraded by Morgan Stanley to Equal-Weight. Earlier the firm had a rating of Underweight on the company shares. The Rating was issued on Sep 22, 2016.ON Semiconductor Corp is Resumed by Deutsche Bank to Buy and the brokerage firm has set the Price Target at $15. The Rating was issued on Sep 20, 2016.ON Semiconductor Corp is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 15 from a previous price target of $13 .The Rating was issued on Sep 20, 2016.ON Semiconductor Corp is Upgraded by Longbow to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Aug 24, 2016.
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.