Hassane El-Khoury, on Semi ceo, sells $768k in ON stock

On August 13, 2025, Hassane El-Khoury, CEO & President of ON Semiconductor Corp (NASDAQ:ON), sold 15,000 shares of the company’s common stock, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $51.2173, for a total transaction value of $768259.

The sale was executed in multiple trades with prices ranging from $51.16 to $51.26. Following the transaction, El-Khoury directly owns 977,814 shares of ON Semiconductor Corp. While this insider sale might raise questions, InvestingPro analysis indicates the company has been actively buying back shares, and their Fair Value analysis suggests the stock is currently undervalued. Get access to 12+ additional exclusive ProTips and comprehensive valuation metrics with InvestingPro.

In other recent news, ON Semiconductor reported second-quarter earnings that surpassed expectations, with revenue approximately $17 million above forecasts and earnings aligning with consensus estimates. Despite this, several analyst firms have adjusted their outlook on the company. Benchmark raised its price target to $60, maintaining a Buy rating, citing stabilization across ON Semiconductor’s end markets. Conversely, Rosenblatt lowered its price target to $50, maintaining a Neutral rating, due to concerns about slightly lower non-GAAP gross margins despite positive results.

TD Cowen also reduced its price target to $55, maintaining a Buy rating, and expressed concerns over company-specific headwinds and stagnant gross margins. UBS lowered its price target to $50, maintaining a Neutral rating, highlighting revenue and gross margin headwinds expected in 2026. Additionally, BofA Securities downgraded ON Semiconductor from Buy to Neutral, reducing its price target to $56, due to a weak recovery outlook and missed industrial sales targets. These developments reflect mixed sentiment among analysts regarding ON Semiconductor’s future performance.

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