On September 16, 2024, Hassane El-khoury, CEO & President of ON Semiconductor Corp (ON, Financial), executed a sale of 1,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this transaction, the insider now owns 840,620 shares of ON Semiconductor Corp.
ON Semiconductor Corp, a prominent player in the semiconductor industry, specializes in energy-efficient electronics innovations. The company's products are used in a variety of applications including automotive, industrial, and consumer electronics, contributing to advancements in power management and efficiency.
Over the past year, the insider transaction history at ON Semiconductor Corp shows a trend of more sales than purchases among insiders. Specifically, there have been zero insider buys and four insider sells.
On the date of the latest transaction by Hassane El-khoury, shares of ON Semiconductor Corp were trading at $70.8 each. This pricing gives the company a market cap of approximately $30.59 billion. The price-earnings ratio of the stock stands at 16.27, which is lower than both the industry median of 29.15 and the company's historical median.
According to the GF Value, an intrinsic value estimate used by GuruFocus, ON Semiconductor Corp has a price-to-GF-Value ratio of 1.03, indicating that the stock is Fairly Valued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates provided by Morningstar analysts.
This recent sale by Hassane El-khoury aligns with the broader insider selling trend at ON Semiconductor Corp over the past year, reflecting a period where insiders have opted to sell shares rather than purchase new stakes.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
