Key Points
- SiTime director Torsten Kreindl sold 1,050 shares at an average price of $721.67, generating $757,753.50; his remaining stake fell 7.76% to 12,481 shares.
- SiTime reported a strong quarter, with EPS of $2.34 versus the $1.95 consensus and revenue of $157.43 million, up 126.5% year over year. The company guided for third-quarter 2026 EPS of $3.50–$3.65.
- Analyst sentiment remains broadly positive, with eight Buy ratings and a consensus “Moderate Buy” rating, although the average price target of $688.75 is below the stock’s stated price of $689.96.
SiTime Corporation (NASDAQ:SITM - Get Free Report) Director Torsten Kreindl sold 1,050 shares of SiTime stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $721.67, for a total transaction of $757,753.50. Following the sale, the director owned 12,481 shares in the company, valued at $9,007,163.27. This represents a 7.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Torsten Kreindl also recently made the following trade(s):
- On Thursday, May 21st, Torsten Kreindl sold 710 shares of SiTime stock. The stock was sold at an average price of $720.00, for a total transaction of $511,200.00.
SiTime Price Performance
Shares of SITM stock opened at $689.96 on Tuesday. The firm has a fifty day simple moving average of $637.03 and a 200-day simple moving average of $532.31. The company has a market capitalization of $20.75 billion, a PE ratio of 1,408.08 and a beta of 2.94. SiTime Corporation has a twelve month low of $199.12 and a twelve month high of $901.81. The company has a current ratio of 19.44, a quick ratio of 18.50 and a debt-to-equity ratio of 1.29.
SiTime (NASDAQ:SITM - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.39. SiTime had a net margin of 3.01% and a return on equity of 4.99%. The firm had revenue of $157.43 million for the quarter, compared to the consensus estimate of $146.46 million. During the same quarter in the previous year, the firm posted $0.47 EPS. The firm's quarterly revenue was up 126.5% on a year-over-year basis. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Equities research analysts anticipate that SiTime Corporation will post 3.23 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several research analysts recently commented on the company. The Goldman Sachs Group reiterated a "buy" rating and issued a $900.00 price target on shares of SiTime in a research note on Thursday. Roth Capital restated a "buy" rating and set a $900.00 price objective on shares of SiTime in a research note on Thursday, May 7th. Zacks Research downgraded SiTime from a "strong-buy" rating to a "hold" rating in a report on Monday, July 6th. UBS Group upped their target price on SiTime from $775.00 to $840.00 and gave the company a "buy" rating in a research report on Thursday. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of SiTime in a research report on Friday, July 17th. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $688.75.
Check Out Our Latest Stock Analysis on SiTime
Institutional Trading of SiTime
Several institutional investors have recently added to or reduced their stakes in SITM. Rakuten Securities Inc. raised its holdings in shares of SiTime by 188.5% during the fourth quarter. Rakuten Securities Inc. now owns 75 shares of the company's stock worth $26,000 after purchasing an additional 49 shares during the period. Parallel Advisors LLC boosted its holdings in shares of SiTime by 26.2% in the 1st quarter. Parallel Advisors LLC now owns 77 shares of the company's stock valued at $27,000 after buying an additional 16 shares during the period. Larson Financial Group LLC boosted its holdings in shares of SiTime by 3,200.0% in the 3rd quarter. Larson Financial Group LLC now owns 99 shares of the company's stock valued at $30,000 after buying an additional 96 shares during the period. USA Financial Formulas bought a new stake in shares of SiTime during the 1st quarter valued at about $33,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of SiTime during the 4th quarter valued at about $33,000. Institutional investors own 84.31% of the company's stock.
About SiTime
(
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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