On October 15, 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 sale, the insider now owns 839,210 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 various applications, including automotive, industrial, and consumer electronics, contributing to advancements in power and signal management, logic, discrete, and custom devices.
Over the past year, Hassane El-khoury has sold a total of 3,000 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been no insider buys but five insider sells over the past year.
Shares of ON Semiconductor Corp were trading at $72.71 on the day of the sale. The company's market cap is approximately $29.57 billion. The price-earnings ratio stands at 15.72, which is lower than both the industry median of 32.14 and the company's historical median.
The stock's GF Value is estimated at $67.83, leading to a price-to-GF-Value ratio of 1.07, indicating that the stock is Fairly Valued. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and valuation perspectives. The transaction details and the company's valuation metrics provide a comprehensive view of ON Semiconductor Corp's current market standing.
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.
