Media coverage about ON Semiconductor Corporation (NASDAQ:ON) has been trending somewhat positive on Friday, Accern Sentiment reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ON Semiconductor Corporation earned a news impact score of 0.08 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 43.4850995714032 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have effected Accern’s rankings:

ON Semiconductor Corporation (ON) opened at 19.24 on Friday. ON Semiconductor Corporation has a 1-year low of $10.74 and a 1-year high of $19.82. The company has a market capitalization of $8.11 billion, a P/E ratio of 28.34 and a beta of 2.01. The firm has a 50-day moving average price of $17.67 and a 200 day moving average price of $15.78.

ON has been the subject of several research reports. B. Riley reaffirmed a “buy” rating and set a $18.00 price target on shares of ON Semiconductor Corporation in a research report on Saturday, June 17th. Needham & Company LLC raised shares of ON Semiconductor Corporation from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 7th. BidaskClub raised shares of ON Semiconductor Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. KeyCorp reaffirmed a “hold” rating on shares of ON Semiconductor Corporation in a research report on Tuesday, September 12th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $17.00 price target (up previously from $16.00) on shares of ON Semiconductor Corporation in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. ON Semiconductor Corporation currently has a consensus rating of “Buy” and an average price target of $18.55.

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In other news, EVP George H. Cave sold 15,848 shares of ON Semiconductor Corporation stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $18.90, for a total value of $299,527.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP George H. Cave sold 19,385 shares of ON Semiconductor Corporation stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $18.00, for a total value of $348,930.00. Following the completion of the sale, the executive vice president now directly owns 308,054 shares in the company, valued at $5,544,972. The disclosure for this sale can be found here. Insiders sold 74,723 shares of company stock valued at $1,336,427 over the last 90 days. Company insiders own 1.60% of the company’s stock.

ON Semiconductor Corporation Company Profile

ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. The Company’s segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group. The Power Solutions Group offers a range of discrete, module and integrated semiconductor products.

Insider Buying and Selling by Quarter for ON Semiconductor Corporation (NASDAQ:ON)

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