Key Points
- SiTime Director Katherine Schuelke sold 500 shares at an average price of $698.05, totaling $349,025. Following the transaction, she retained 12,010 shares, a 4% reduction in her position.
- SiTime reported quarterly EPS of $2.34, beating estimates of $1.95, while revenue reached $157.43 million—up 126.5% year over year and above consensus expectations.
- Analyst sentiment remains positive, with eight Buy ratings, one Hold and one Sell; the stock has a consensus “Moderate Buy” rating and a $688.75 average price target.
SiTime Corporation (NASDAQ:SITM - Get Free Report) Director Katherine Schuelke sold 500 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $698.05, for a total transaction of $349,025.00. Following the transaction, the director owned 12,010 shares in the company, valued at $8,383,580.50. This represents a 4.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
SiTime Stock Performance
Shares of SITM opened at $680.52 on Thursday. The company has a debt-to-equity ratio of 1.29, a current ratio of 19.44 and a quick ratio of 18.50. SiTime Corporation has a one year low of $204.60 and a one year high of $901.81. The company has a 50-day simple moving average of $635.71 and a two-hundred day simple moving average of $536.59. The firm has a market capitalization of $20.46 billion, a PE ratio of 1,388.82 and a beta of 2.94.
SiTime (NASDAQ:SITM - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.39. SiTime had a return on equity of 4.99% and a net margin of 3.01%.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 prior year, the business earned $0.47 EPS. The business's revenue for the quarter was up 126.5% on a year-over-year basis. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. On average, analysts anticipate that SiTime Corporation will post 3.23 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Polymer Capital Management HK LTD purchased a new position in shares of SiTime during the 2nd quarter worth $1,491,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in SiTime during the 2nd quarter worth approximately $31,762,000. Meiji Yasuda Asset Management Co Ltd. purchased a new position in SiTime during the second quarter valued at approximately $2,370,000. Elevation Point Wealth Partners LLC bought a new stake in SiTime during the second quarter valued at about $203,000. Finally, Greenland Capital Management LP bought a new stake in SiTime during the 2nd quarter valued at approximately $485,000. Institutional investors own 84.31% of the company's stock.
Analyst Ratings Changes
Several brokerages recently weighed in on SITM. Stifel Nicolaus upped their price target on SiTime from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, April 16th. Barclays raised SiTime from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $400.00 to $850.00 in a research report on Thursday, May 7th. Zacks Research cut shares of SiTime from a "strong-buy" rating to a "hold" rating in a report on Monday, July 6th. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $900.00 target price on shares of SiTime in a research report on Thursday, August 6th. Finally, UBS Group increased their price target on shares of SiTime from $775.00 to $840.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Eight analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $688.75.
View Our Latest Stock Analysis on SiTime
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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