ON Semiconductor stock is trading -13.97% below its average target price of $83.66 after dropping -4.1% during today's afternoon session. Analysts are giving the Large-Cap Semiconductors company an average rating of buy and target prices ranging from $55.0 to $104.0 per share.
ON Semiconductor has an average level of shares sold short, at 6.2% of its total share float. The stock's short ratio (also called days to cover) is 2.64. The company's insiders own 0.44% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 100.5% of ON Semiconductor's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in ON Semiconductor
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | FMR, LLC | 14% | 58,216,995 | $4,189,877,201 |
| 2024-03-31 | Vanguard Group Inc | 12% | 50,215,301 | $3,613,995,274 |
| 2024-03-31 | Blackrock Inc. | 9% | 40,098,573 | $2,885,894,347 |
| 2024-03-31 | State Street Corporation | 5% | 20,566,420 | $1,480,165,272 |
| 2024-03-31 | Janus Henderson Group PLC | 3% | 11,903,241 | $856,676,269 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 10,050,124 | $723,307,436 |
| 2024-03-31 | Ameriprise Financial, Inc. | 2% | 9,435,265 | $679,056,033 |
| 2024-03-31 | Pictet Asset Management Holding SA | 2% | 8,418,831 | $605,903,277 |
| 2024-03-31 | Capital World Investors | 2% | 7,600,299 | $546,993,528 |
| 2024-03-31 | Bank of America Corporation | 2% | 7,595,078 | $546,617,772 |
