Key Points
- SiTime insider Fariborz Assaderaghi sold 1,374 shares for approximately $963,243 under a pre-arranged Rule 10b5-1 trading plan, reducing his position by 2.01% while retaining 66,861 shares.
- SiTime reported quarterly EPS of $2.34, beating estimates of $1.95, while revenue rose 126.5% year over year to $157.43 million. The company issued Q3 2026 EPS guidance of $3.50–$3.65.
- Analyst sentiment remains broadly positive, with a consensus “Buy” rating and a $717.78 price target; institutional investors own 84.31% of the company.
SiTime Corporation (NASDAQ:SITM - Get Free Report) insider Fariborz Assaderaghi sold 1,374 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $701.05, for a total transaction of $963,242.70. Following the transaction, the insider directly owned 66,861 shares of the company's stock, valued at $46,872,904.05. The trade was a 2.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
SiTime Stock Up 0.1%
SiTime stock opened at $711.06 on Wednesday. SiTime Corporation has a fifty-two week low of $243.68 and a fifty-two week high of $901.81. The company has a debt-to-equity ratio of 1.29, a quick ratio of 18.50 and a current ratio of 19.44. The firm has a 50 day moving average price of $619.65 and a 200 day moving average price of $603.21. The company has a market capitalization of $21.38 billion, a PE ratio of 1,451.14 and a beta of 2.88.
SiTime (NASDAQ:SITM - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share (EPS) for the quarter, beating 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 company had revenue of $157.43 million for the quarter, compared to analyst estimates of $146.46 million. During the same quarter in the previous year, the company earned $0.47 earnings per share. The firm's quarterly revenue was up 126.5% compared to the same quarter last year. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Research analysts expect that SiTime Corporation will post 6.37 earnings per share for the current year.
Institutional Trading of SiTime
Large investors have recently modified their holdings of the stock. Congress Asset Management Co. acquired a new stake in shares of SiTime in the third quarter valued at $20,866,000. SkyView Investment Advisors LLC purchased a new position in SiTime in the second quarter valued at $261,000. Sequoia Financial Advisors LLC acquired a new position in SiTime during the 2nd quarter worth $262,000. Tidal Investments LLC grew its stake in SiTime by 231.3% during the 2nd quarter. Tidal Investments LLC now owns 7,762 shares of the company's stock worth $5,787,000 after purchasing an additional 5,419 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC increased its holdings in SiTime by 8.8% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 919 shares of the company's stock worth $685,000 after purchasing an additional 74 shares during the period. Hedge funds and other institutional investors own 84.31% of the company's stock.
Wall Street Analyst Weigh In
Several research firms recently issued reports on SITM. Benchmark assumed coverage on SiTime in a research note on Wednesday, August 19th. They set a "buy" rating and a $850.00 target price on the stock. The Goldman Sachs Group restated a "buy" rating and set a $900.00 target price on shares of SiTime in a report on Thursday, August 6th. Weiss Ratings downgraded SiTime from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, September 22nd. Zacks Research upgraded shares of SiTime from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 13th. Finally, Seaport Research Partners initiated coverage on shares of SiTime in a research report on Tuesday, September 22nd. They set a "neutral" rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, SiTime currently has a consensus rating of "Buy" and a consensus price target of $717.78.
Read Our Latest Analysis on SITM
SiTime Company Profile
(
Get Free Report)
SiTime Corporation is a fabless semiconductor company that develops precision timing solutions based on microelectromechanical systems (MEMS) technology. Its products are designed to generate, distribute, and synchronize timing signals used by electronic systems, helping equipment operate reliably and maintain accurate data transmission.
The company's portfolio includes MEMS oscillators, clock generators, clock buffers, resonators, and related timing components. These products are used in data centers, wired and wireless communications infrastructure, automotive systems, industrial equipment, consumer electronics, aerospace and defense applications, and other electronics markets.
Founded in 2005 and headquartered in Santa Clara, California, SiTime serves customers and markets internationally.
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