Katherine Schuelke Sells 500 Shares of SiTime (NASDAQ:SITM) 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. This trade represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

SiTime Price Performance

Shares of NASDAQ:SITM opened at $687.93 on Friday. The company has a quick ratio of 18.50, a current ratio of 19.44 and a debt-to-equity ratio of 1.29. The company has a market cap of $20.69 billion, a P/E ratio of 1,403.94 and a beta of 2.94. SiTime Corporation has a 52 week low of $204.60 and a 52 week high of $901.81. The company has a 50-day moving average price of $635.32 and a 200 day moving average price of $539.01.

SiTime (NASDAQ:SITM) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.39. The company had revenue of $157.43 million for the quarter, compared to analyst estimates of $146.46 million. SiTime had a return on equity of 4.99% and a net margin of 3.01%.The firm’s revenue for the quarter was up 126.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.47 EPS. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Research analysts predict that SiTime Corporation will post 3.23 earnings per share for the current year.

Institutional Investors Weigh In On SiTime

Large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC raised its position in SiTime by 26.2% during the first quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock worth $27,000 after acquiring an additional 16 shares during the last quarter. Los Angeles Capital Management LLC raised its stake in SiTime by 0.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 9,023 shares of the company’s stock valued at $3,187,000 after purchasing an additional 25 shares during the last quarter. CWM LLC lifted its stake in shares of SiTime by 4.2% during the fourth quarter. CWM LLC now owns 951 shares of the company’s stock valued at $336,000 after buying an additional 38 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of SiTime by 5.9% during the fourth quarter. Corient Private Wealth LLC now owns 703 shares of the company’s stock worth $249,000 after purchasing an additional 39 shares during the last quarter. Finally, Lazard Asset Management LLC grew its holdings in SiTime by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 654 shares of the company’s stock valued at $139,000 after buying an additional 47 shares during the period. 84.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SITM has been the topic of a number of recent analyst reports. Zacks Research lowered SiTime from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Roth Capital restated a “buy” rating and set a $900.00 target price on shares of SiTime in a research report on Thursday, May 7th. Stifel Nicolaus upped their price target on shares of SiTime from $450.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, April 16th. Needham & Company LLC increased their price target on shares of SiTime from $850.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of SiTime in a research note on Friday, July 17th. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average 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.