SiTime (NASDAQ:SITM) Director Sells $349,025.00 in Stock

SiTime Corporation (NASDAQ:SITM) Director Katherine Schuelke sold 500 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was 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 approximately $8,383,580.50. The trade was a 4.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

SiTime Stock Up 3.5%

NASDAQ SITM opened at $711.91 on Friday. 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 simple moving average of $637.05 and a 200 day simple moving average of $540.22. SiTime Corporation has a twelve month low of $204.60 and a twelve month high of $901.81. The stock has a market cap of $21.41 billion, a PE ratio of 1,452.88 and a beta of 2.94.

SiTime (NASDAQ:SITM) last released 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 business had revenue of $157.43 million for the quarter, compared to the consensus estimate of $146.46 million. During the same period last year, the business earned $0.47 earnings per share. The firm’s revenue for the quarter was up 126.5% compared to the same quarter last year. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. On average, research analysts forecast that SiTime Corporation will post 6.33 EPS for the current year.

Institutional Investors Weigh In On SiTime

A number of institutional investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. raised its holdings in shares of SiTime by 188.5% in the 4th quarter. Rakuten Securities Inc. now owns 75 shares of the company’s stock worth $26,000 after buying an additional 49 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of SiTime by 26.2% during the 1st quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock worth $27,000 after buying an additional 16 shares during the period. Larson Financial Group LLC boosted its stake in 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 in the last quarter. USA Financial Formulas acquired a new stake in SiTime in the 1st quarter valued at $33,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in SiTime in the fourth quarter valued at $33,000. 84.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. UBS Group boosted their price objective on SiTime from $775.00 to $840.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Needham & Company LLC raised their target price on SiTime from $850.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Zacks Research downgraded shares of SiTime from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of SiTime in a research note on Friday, July 17th. Finally, Roth Capital reissued a “buy” rating and issued a $900.00 price target on shares of SiTime in a report on Thursday, May 7th. Eight research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, SiTime currently has a consensus rating of “Moderate Buy” and a consensus price target of $688.75.

About SiTime

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.