Gotham Asset Management LLC Raises Holdings in onsemi $ON

18 Jun 2026, 12:01 by Mitch Edgeman · The Markets Daily

Gotham Asset Management LLC boosted its stake in shares of onsemi (NASDAQ:ON – Free Report) by 53.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 762,360 shares of the semiconductor company’s stock after acquiring an additional 267,130 shares during the quarter. Gotham Asset Management LLC’s holdings in onsemi were worth $41,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. CVA Family Office LLC raised its position in onsemi by 83.7% during the 4th quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 215 shares during the last quarter. Root Financial Partners LLC raised its position in onsemi by 42.1% during the 4th quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 149 shares during the last quarter. DV Equities LLC bought a new position in onsemi during the 4th quarter valued at approximately $30,000. Darwin Wealth Management LLC bought a new position in onsemi during the 2nd quarter valued at approximately $32,000. Finally, Close Asset Management Ltd bought a new position in onsemi during the 3rd quarter valued at approximately $38,000. Institutional investors own 97.70% of the company’s stock.

Insider Activity

In other news, CFO Trent Thad sold 30,000 shares of the stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total value of $2,790,000.00. Following the completion of the transaction, the chief financial officer owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This represents a 9.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on ON. Zacks Research raised onsemi from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 6th. Wall Street Zen raised onsemi from a “hold” rating to a “buy” rating in a research report on Monday, April 13th. Needham & Company LLC upped their price target on onsemi from $72.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Barclays upped their price target on onsemi from $75.00 to $100.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, TD Cowen upped their price target on onsemi from $80.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, onsemi has a consensus rating of “Moderate Buy” and a consensus target price of $94.68.

Get Our Latest Stock Report on ON

Key onsemi News

Here are the key news stories impacting onsemi this week:

Negative Sentiment: Semiconductor stocks are selling off amid higher-rate jitters and broader profit-taking, pressuring onsemi (ON) with the rest of the chip sector.
Negative Sentiment: onsemi’s recent convertible-notes financing may be creating short-term hedging and supply pressure in the shares.
Neutral Sentiment: The company’s latest quarterly results were stronger than expected, but that positive fundamental backdrop is being overshadowed by macro and technical factors.

onsemi Stock Down 4.5%

Shares of NASDAQ:ON opened at $112.92 on Thursday. onsemi has a 52-week low of $44.56 and a 52-week high of $134.92. The firm has a market capitalization of $44.25 billion, a P/E ratio of 80.09, a P/E/G ratio of 1.05 and a beta of 1.97. The stock has a 50 day moving average price of $104.04 and a 200-day moving average price of $75.88. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.14 and a current ratio of 4.87.

onsemi (NASDAQ:ON – Get Free Report) last announced its earnings results on Monday, May 4th. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.03. onsemi had a return on equity of 12.79% and a net margin of 9.46%.The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the company earned $0.55 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. As a group, equities research analysts anticipate that onsemi will post 3.09 EPS for the current fiscal year.

About onsemi

(Free Report)

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.