SiTime Corporation (NASDAQ:SITM – Get Free Report) insider Samsheer Ahamad sold 9,100 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $441.47, for a total value of $4,017,377.00. Following the sale, the insider directly owned 52,938 shares of the company’s stock, valued at $23,370,538.86. This represents a 14.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Samsheer Ahamad also recently made the following trade(s):
- On Monday, December 1st, Samsheer Ahamad sold 4,000 shares of SiTime stock. The stock was sold at an average price of $291.10, for a total transaction of $1,164,400.00.
SiTime Trading Down 0.7%
SITM opened at $420.23 on Friday. SiTime Corporation has a 1-year low of $105.40 and a 1-year high of $446.95. The company has a market cap of $11.05 billion, a P/E ratio of -230.90 and a beta of 2.51. The company has a fifty day moving average price of $369.02 and a two-hundred day moving average price of $304.22.
SiTime News Summary
Here are the key news stories impacting SiTime this week:
- Positive Sentiment: Q4 beat and strong revenue growth — SiTime reported $1.53 EPS vs. $1.20 expected and revenue of $113.3M (up ~66% YoY), providing a clear near‑term fundamental tailwind. Earnings & data
- Positive Sentiment: Analyst support — multiple brokerages have Buy/Outperform calls and raised targets (UBS, Needham, Stifel, Barclays among them), giving a consensus “Moderate Buy” and average target near $409, which supports longer‑term upside. Analyst coverage
- Neutral Sentiment: High institutional ownership and momentum — institutions hold ~84% of shares and the stock has traded near 52‑week highs, which can amplify moves in either direction. Ownership data
- Neutral Sentiment: Business exposure — SiTime’s MEMS timing products serve telecom, data center, automotive and industrial markets (structurally attractive but still cyclical with semiconductor demand). Company profile
- Negative Sentiment: Large insider sale by Samsheer Ahamad — sold 9,100 shares (~$4.02M) on Feb 11, a ~14.7% reduction in his stake; sizable single‑day sellings often weigh on sentiment. Insider sale
- Negative Sentiment: Additional insider/director selling — Director sale reported at ~$1.51M plus Fariborz Assaderaghi sold 2,112 shares (~$904k) and 500 shares (~$208k) across Feb 10–11; multiple Form 4s increase near‑term selling pressure and may raise investor questions. Director sale SEC filing
Institutional Trading of SiTime
Several institutional investors and hedge funds have recently made changes to their positions in SITM. American Century Companies Inc. bought a new stake in SiTime in the 2nd quarter worth about $64,873,000. Norges Bank bought a new position in shares of SiTime in the fourth quarter valued at approximately $83,977,000. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of SiTime during the fourth quarter valued at approximately $59,452,000. Wellington Management Group LLP increased its position in shares of SiTime by 36.8% during the third quarter. Wellington Management Group LLP now owns 537,741 shares of the company’s stock valued at $162,027,000 after acquiring an additional 144,671 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in SiTime by 22.0% during the second quarter. Ameriprise Financial Inc. now owns 736,281 shares of the company’s stock worth $156,887,000 after acquiring an additional 132,948 shares during the period. Hedge funds and other institutional investors own 84.31% of the company’s stock.
Wall Street Analyst Weigh In
SITM has been the topic of a number of research reports. Stifel Nicolaus set a $450.00 target price on SiTime in a research report on Thursday, February 5th. The Goldman Sachs Group initiated coverage on shares of SiTime in a report on Monday, December 15th. They set a “buy” rating and a $420.00 price objective on the stock. UBS Group lifted their price objective on shares of SiTime from $430.00 to $485.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Weiss Ratings restated a “sell (d-)” rating on shares of SiTime in a report on Thursday, January 22nd. Finally, Roth Mkm reiterated a “buy” rating and set a $450.00 price target on shares of SiTime in a research note on Thursday, February 5th. Seven investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, SiTime currently has an average rating of “Moderate Buy” and a consensus price target of $409.38.
Read Our Latest Stock Report on SITM
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.
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