Onsemi's stock gains as major investors increase holdings, despite CEO selling shares.

Onsemi, a semiconductor company, saw its shares rise as institutional investors like Blue Trust Inc. and Exchange Traded Concepts LLC increased their holdings. Blue Trust Inc. now owns 8,076 shares, up 16.1%, while Exchange Traded Concepts LLC owns 4,129 shares, a 10% increase. Onsemi's CEO, Hassane El-Khoury, sold 1,500 shares. The company, valued at $22.29 billion, operates through three segments focusing on automotive and industrial markets.

2 months ago
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