ON Semiconductor Corp
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Information Technology : Semiconductors & Semiconductor Equipment | Mid Cap Blend
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. The Analog Solutions Group designs and develops analog, mixed-signal and logic application specific integrated circuits (ASICs) and application specific standard products (ASSPs), and power solutions. The Image Sensor Group designs and develops complementary metal oxide semiconductor (CMOS) and charge-coupled device (CCD) image sensors, as well as proximity sensors, image signal processors, and actuator drivers for autofocus and image stabilization for various end users in the automotive, industrial, consumer, wireless, medical, and aerospace/defense markets.

Closing Price
Day's Change
0.01 (0.03%)
B/A Size
Day's High
Day's Low
(Below Average)

10-day average volume:

AMC board members sold nearly $4 million worth of stock this week

9:23 am ET June 10, 2021 (MarketWatch)

Tomi Kilgore

Five directors sold less than half their AMC shares, and now they each still own 17,722 shares

AMC Entertainment Holdings Inc. disclosed in a series of filings that five members of its board of directors sold a total of nearly $4 million worth of shares in the past two days.

Two of the directors sold a total of 27,923 share on Wednesday, to raise more than $700,000 each, and three directors sold a total of 46,137 shares on June 8 to raise more than $800,000 each.

After the sales, the five directors now each own 17,722 AMC shares. AMC has about 501.8 million shares outstanding, according to FactSet data.

AMC's stock (AMC) fell 4.1% in premarket trading Thursday. The meme stock has rocketed 400.9% over the past three months through Wednesday, and soared 2,227.4% year to date, while the S&P 500 index has gained 12.3% this year.

Don't miss: Meme stocks stumble after GameStop discloses SEC probe into the frenzy (https://www.marketwatch.com/story/meme-stocks-stumble-after-gamestop-discloses-sec-probe-into-the-frenzy-11623277586).

Here's the breakdown of the sales, as disclosed late Wednesday in Form 4 filings with the Securities and Exchange Commission (https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001411579&owner=include&count=40):

The stock dropped on June 9 to close at $49.34, after trading in an intraday range of $48.12 to $53.39.

The stock fell 0.9% on June 8 to close at $55.05, after trading in an intraday range of $52.77 to $60.62.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com


(END) Dow Jones Newswires

June 10, 2021 09:23 ET (13:23 GMT)

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