SiTime Corporation $SITM Stock: Motley Fool Asset Management LLC Trims Holdings

Motley Fool Asset Management LLC trimmed its holdings in SiTime Corporation (NASDAQ:SITM) by 37.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,330 shares of the company’s stock after selling 1,376 shares during the quarter. Motley Fool Asset Management LLC’s holdings in SiTime were worth $1,519,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Root Financial Partners LLC bought a new stake in SiTime during the 3rd quarter valued at $25,000. Parallel Advisors LLC boosted its position in SiTime by 26.2% during the 1st quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock worth $27,000 after acquiring an additional 16 shares during the period. USA Financial Formulas bought a new position in shares of SiTime in the first quarter worth $33,000. V Square Quantitative Management LLC bought a new position in shares of SiTime in the third quarter worth $35,000. Finally, Optiver Holding B.V. increased its holdings in shares of SiTime by 433.3% during the first quarter. Optiver Holding B.V. now owns 128 shares of the company’s stock valued at $44,000 after purchasing an additional 104 shares during the period. 84.31% of the stock is currently owned by institutional investors and hedge funds.

SiTime Stock Performance

Shares of NASDAQ SITM opened at $488.08 on Friday. The stock has a fifty day moving average price of $584.22 and a two-hundred day moving average price of $544.50. 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 market cap of $14.68 billion, a P/E ratio of 255.70 and a beta of 2.88. SiTime Corporation has a 1 year low of $243.68 and a 1 year high of $901.81.

SiTime (NASDAQ:SITM) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.34 EPS 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 company 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 business earned $0.47 EPS. The company’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 forecast that SiTime Corporation will post 6.37 EPS for the current fiscal year.

Insiders Place Their Bets

In other SiTime news, Director Edward Frank sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $745.00, for a total value of $745,000.00. Following the completion of the transaction, the director directly owned 10,999 shares in the company, valued at $8,194,255. This trade represents a 8.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Fariborz Assaderaghi sold 1,374 shares of the firm’s 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 completion of the transaction, the insider directly owned 66,861 shares of the company’s stock, valued at $46,872,904.05. This represents a 2.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 15,924 shares of company stock worth $10,056,661 over the last three months. Company insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Weiss Ratings cut shares of SiTime from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 23rd. Benchmark started coverage on shares of SiTime in a research report on Wednesday, August 19th. They issued a “buy” rating and a $850.00 target price for the company. Zacks Research cut shares of SiTime from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Seaport Research Partners assumed coverage on shares of SiTime in a research report on Tuesday, September 22nd. They set a “neutral” rating on the stock. Finally, Rosenblatt Securities initiated coverage on shares of SiTime in a research report on Tuesday, October 20th. They set a “buy” rating and a $750.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $721.00.

SiTime Company Profile

SiTime Corporation (NASDAQ: SITM) develops and supplies precision timing solutions for electronic systems. Its products are designed to generate, distribute and maintain accurate timing signals, which help connected devices and infrastructure operate reliably and efficiently.

The company’s portfolio includes silicon MEMS-based resonators and oscillators, clock generators, clock synchronizers, jitter attenuators and other timing components. These products are used in applications such as data centers, telecommunications and networking equipment, automotive systems, industrial machinery, aerospace and defense electronics, and consumer devices.

SiTime’s technology is intended to address demanding requirements for frequency stability, signal integrity, power efficiency and resilience in challenging operating environments.