SiTime (NASDAQ:SITM) Reaches New 1-Year High – Still a Buy?

SiTime Corporation (NASDAQ:SITM) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $398.59 and last traded at $360.0350, with a volume of 33526 shares trading hands. The stock had previously closed at $374.18.

Key SiTime News

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q4 results topped expectations — revenue $113.3M (+66% YoY) and non‑GAAP EPS $1.53, with non‑GAAP gross margin ~61.2%; management emphasized broad‑based CED (communications, enterprise, datacenter) strength driven by AI demand. Earnings & Conference Call
• Positive Sentiment: SiTime agreed to acquire Renesas’ timing business (announced 2/4), a strategic deal management says will accelerate SiTime’s path to $1B revenue and expand its product footprint. Investors view the acquisition as a growth and scale catalyst. Acquisition Release
• Positive Sentiment: Analysts and firms are lifting targets/ratings after the newsflow — Needham raised its price target to $450 and reiterates a Buy, adding upward analyst momentum to the stock. Needham Price Target Raise
• Neutral Sentiment: Management outlined a strategic vision (including an expected gross‑margin lift to as much as ~70% with the Renesas assets) and provided an investor call/transcript for more detail — watch the upcoming guidance/discussion for specifics. Strategic Vision Coverage
• Neutral Sentiment: Full earnings call transcript is available for details on demand drivers, product cadence and integration plans — useful for parsing sustainability of the beat. Earnings Call Transcript
• Negative Sentiment: Acquisition execution risks and cost — the deal price (~$1.5B reported) plus integration and acquisition‑related expenses could pressure near‑term GAAP results and require financing choices; annual GAAP loss remains a reminder to watch cash/use of proceeds. Acquisition Release (risks)
• Negative Sentiment: Insider selling noted in recent filings/history — while not necessarily linked to this announcement, ongoing insider sales can be a cautionary datapoint for some investors. Quiver Quant Summary

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SITM. Roth Mkm reaffirmed a “buy” rating and issued a $450.00 price target on shares of SiTime in a report on Thursday. Weiss Ratings reiterated a “sell (d-)” rating on shares of SiTime in a research report on Thursday, January 22nd. UBS Group increased their price target on shares of SiTime from $430.00 to $485.00 and gave the company a “buy” rating in a research note on Thursday. Needham & Company LLC boosted their price objective on shares of SiTime from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Barclays set a $400.00 price objective on SiTime in a report on Thursday. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $409.38.

SiTime Stock Up 18.1%

The business has a fifty day moving average of $354.90 and a 200 day moving average of $293.30. The firm has a market cap of $10.73 billion, a P/E ratio of -139.65 and a beta of 2.51.

SiTime (NASDAQ:SITM) last posted its earnings results on Wednesday, February 4th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.33. The company had revenue of $113.28 million during the quarter, compared to analyst estimates of $101.91 million. SiTime had a negative return on equity of 5.69% and a negative net margin of 25.18%.The company’s revenue for the quarter was up 66.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 EPS. On average, sell-side analysts expect that SiTime Corporation will post -2.44 EPS for the current fiscal year.

Insiders Place Their Bets

In other SiTime news, insider Samsheer Ahamad sold 4,000 shares of SiTime stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $291.10, for a total transaction of $1,164,400.00. Following the transaction, the insider directly owned 51,711 shares in the company, valued at approximately $15,053,072.10. The trade was a 7.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Fariborz Assaderaghi sold 1,500 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $291.58, for a total value of $437,370.00. Following the completion of the sale, the insider owned 84,815 shares of the company’s stock, valued at $24,730,357.70. This trade represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 9,500 shares of company stock worth $2,922,210. Company insiders own 2.10% of the company’s stock.

Hedge Funds Weigh In On SiTime

Several institutional investors and hedge funds have recently modified their holdings of the business. Optiver Holding B.V. lifted its position in shares of SiTime by 56.1% during the 3rd quarter. Optiver Holding B.V. now owns 89 shares of the company’s stock valued at $27,000 after acquiring an additional 32 shares during the period. Atlas Brown Inc. raised its stake in SiTime by 1.6% in the fourth quarter. Atlas Brown Inc. now owns 2,292 shares of the company’s stock valued at $810,000 after purchasing an additional 37 shares in the last quarter. CWM LLC lifted its position in SiTime by 4.2% during the fourth quarter. CWM LLC now owns 951 shares of the company’s stock worth $336,000 after purchasing an additional 38 shares during the period. Verdence Capital Advisors LLC grew its stake in SiTime by 3.7% during the third quarter. Verdence Capital Advisors LLC now owns 1,118 shares of the company’s stock worth $309,000 after buying an additional 40 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in SiTime by 27.4% during the third quarter. Bessemer Group Inc. now owns 186 shares of the company’s stock worth $55,000 after buying an additional 40 shares in the last quarter. 84.31% of the stock is currently owned by institutional investors and hedge funds.

SiTime Company Profile

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.