The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. ON Semiconductor Corp shares valued at $432,257 were sold by Campbell Alan on Mar 12 ’25. At $43.23 per share, Campbell Alan sold 10,000 shares. The insider’s holdings dropped to 85,006 shares worth approximately $3.67 million following the completion of this transaction.
Also, ALAN CAMPBELL purchased 10,000 shares, netting a total of over 432,256 in proceeds.
Before that, KEETON SIMON had sold 28,000 shares from its account. In a trade valued at $1,919,789, the Group President, PSG traded ON Semiconductor Corp shares for $68.56 each. Upon closing the transaction, the insider’s holdings decreased to 28,000 shares, worth approximately $8.78 million.
As published in a research note from B. Riley Securities on January 24, 2025, ON Semiconductor Corp [ON] has been retained to a Buy and the price target has been revised to $90. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early January. As of November 22, 2024, Wells Fargo has initiated its “an Overweight” rating for ON. Earlier on November 12, 2024, Loop Capital initiated its rating. Their recommendation was “a Buy” for ON stock.
Analyzing ON Stock Performance
During the last five days, there has been a surge of approximately 2.49%. Over the course of the year, ON Semiconductor Corp shares have dropped approximately -31.48%. Shares of the company reached a 52-week high of $67.00 on 01/06/25 and a 52-week low of $41.59 on 03/13/25. A 50-day SMA is recorded $50.49, while a 200-day SMA reached $65.68.
Support And Resistance Levels for ON Semiconductor Corp (ON)
According to the 24-hour chart, there is a support level at 42.68, which, if violated, would cause prices to drop to 42.15. In the upper region, resistance lies at 43.78. The next price resistance is at 44.36. RSI (Relative Strength Index) is 36.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.50, which suggests the price will decrease in the coming days. Percent R is at 74.92%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
