Key Points
- Insider selling: Fariborz Assaderaghi sold 500 shares at $416.06 on Feb. 10 (and recently sold 2,112 shares on Feb. 11 and 1,500 on Dec. 1), reducing his stake to 100,049 shares, while other insiders—including Samsheer Ahamad—also made large disposals, adding near‑term selling pressure.
- Strong Q4 results: SiTime beat expectations with $1.53 EPS vs. $1.20 expected and revenue of $113.3M (vs. $101.9M), with revenue up ~66% year‑over‑year, though the company still shows negative net margin and ROE.
- Market and analyst positioning: The stock trades near its 52‑week high with a market cap around $11.05B and ~84% institutional ownership; analysts have a consensus “Moderate Buy” and an average target near $409, with several firms setting higher targets (up to $485).
SiTime Corporation (NASDAQ:SITM - Get Free Report) insider Fariborz Assaderaghi sold 500 shares of the company's stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $416.06, for a total value of $208,030.00. Following the sale, the insider directly owned 100,049 shares of the company's stock, valued at $41,626,386.94. The trade was a 0.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Fariborz Assaderaghi also recently made the following trade(s):
- On Wednesday, February 11th, Fariborz Assaderaghi sold 2,112 shares of SiTime stock. The shares were sold at an average price of $428.08, for a total transaction of $904,104.96.
- On Monday, December 1st, Fariborz Assaderaghi sold 1,500 shares of SiTime stock. The stock was sold at an average price of $291.58, for a total value of $437,370.00.
SiTime Stock Performance
SITM opened at $423.20 on Friday. The firm has a market cap of $11.05 billion, a price-to-earnings ratio of -232.53 and a beta of 2.51. SiTime Corporation has a twelve month low of $105.40 and a twelve month high of $446.96. The firm's 50-day simple moving average is $367.66 and its 200-day simple moving average is $301.88.
SiTime (NASDAQ:SITM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.33. The company had revenue of $113.29 million during the quarter, compared to analyst estimates of $101.91 million. SiTime had a negative net margin of 13.13% and a negative return on equity of 2.06%. The company's revenue was up 66.3% on a year-over-year basis. During the same quarter last year, the business posted $0.48 earnings per share. As a group, sell-side analysts anticipate that SiTime Corporation will post -2.44 EPS for the current fiscal year.
Hedge Funds Weigh In On SiTime
Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in SiTime by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 2,825,402 shares of the company's stock valued at $997,904,000 after buying an additional 61,336 shares in the last quarter. Invesco Ltd. increased its position in SiTime by 1.8% in the 3rd quarter. Invesco Ltd. now owns 1,037,305 shares of the company's stock valued at $312,550,000 after acquiring an additional 18,165 shares during the period. State Street Corp increased its stake in shares of SiTime by 3.7% in the second quarter. State Street Corp now owns 911,280 shares of the company's stock valued at $194,176,000 after buying an additional 32,178 shares during the period. Ameriprise Financial Inc. increased its position in SiTime by 22.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 736,281 shares of the company's stock valued at $156,887,000 after purchasing an additional 132,948 shares during the period. Finally, Geode Capital Management LLC raised its stake in SiTime by 3.0% during the fourth quarter. Geode Capital Management LLC now owns 539,425 shares of the company's stock worth $190,550,000 after buying an additional 15,850 shares during the last quarter. Institutional investors own 84.31% of the company's stock.
SiTime News Roundup
Here are the key news stories impacting SiTime this week:
- Positive Sentiment: Q4 earnings beat and strong top-line growth: SiTime reported $1.53 EPS vs. $1.20 expected and revenue of $113.3M (vs. $101.9M est.), with revenue up ~66% year-over-year — a near-term fundamental tailwind. Earnings & data
- Positive Sentiment: Analyst support: Multiple brokerages have high targets and buy/outperform calls (Goldman Sachs initiated at Buy; Stifel, Barclays and others set targets above the current trading level), giving a consensus “Moderate Buy” view and an average target near $409. Analyst coverage
- Neutral Sentiment: High institutional ownership and momentum: Institutions own ~84% of SITM and the stock recently traded near its 52‑week highs, which can amplify moves in either direction. Ownership data
- Neutral Sentiment: Business profile: SiTime’s MEMS timing products address telecom, data center, automotive and industrial markets — a structurally attractive end‑market mix but cyclical exposure to semiconductor demand. Company profile
- Negative Sentiment: Large insider sale — Samsheer Ahamad: Sold 9,100 shares at ~$441.47 for ~$4.02M on Feb 11 (reducing his stake ~14.7%), a sizable disposition that often pressures near‑term sentiment. Insider sale
- Negative Sentiment: Other insider sales: Director and exec sales include a ~$1.51M director sale (reported) plus Fariborz Assaderaghi selling 2,112 shares at $428.08 and 500 shares at $416.06 — these multiple Form 4 filings increase selling pressure and raise questions about timing/intent. Director sale SEC filing
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on SITM. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of SiTime in a research note on Thursday, January 22nd. Barclays set a $400.00 price objective on shares of SiTime in a research report on Thursday, February 5th. Stifel Nicolaus set a $450.00 target price on SiTime in a research report on Thursday, February 5th. Needham & Company LLC upped their target price on SiTime from $400.00 to $450.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Finally, UBS Group upped their price objective on SiTime from $430.00 to $485.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Seven research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, SiTime has a consensus rating of "Moderate Buy" and an average target price of $409.38.
Read Our Latest Report on SITM
SiTime Company Profile
(
Get Free Report)
SiTime Corporation is a fabless semiconductor company specializing in silicon timing solutions that leverage micro-electromechanical systems (MEMS) technology as an alternative to traditional quartz crystals. Its portfolio of programmable oscillators, resonators, clock generators, jitter attenuators and network synchronizers addresses precision timekeeping requirements across a wide range of electronic systems. By integrating MEMS resonators with advanced mixed-signal control circuitry, SiTime's products offer enhanced reliability, resistance to shock and vibration, and a smaller footprint compared with conventional quartz devices.
The company's timing devices serve diverse end markets, including telecommunications infrastructure, data center and enterprise networking, consumer electronics, automotive systems, industrial automation, and aerospace and defense applications.
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