SiTime (NASDAQ:SITM) Director Sells $1,454,760.00 in Stock

Posted by George Bondi on Jun 18th, 2026

SiTime Corporation (NASDAQ:SITM – Get Free Report) Director Raman Chitkara sold 2,000 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $727.38, for a total value of $1,454,760.00. Following the sale, the director owned 19,898 shares in the company, valued at $14,473,407.24. The trade was a 9.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SiTime Stock Performance

NASDAQ:SITM opened at $677.21 on Thursday. The stock’s fifty day moving average is $638.97 and its 200 day moving average is $461.49. SiTime Corporation has a fifty-two week low of $186.49 and a fifty-two week high of $901.81. The firm has a market capitalization of $17.88 billion, a PE ratio of -670.50 and a beta of 2.94.

SiTime (NASDAQ:SITM – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.30. SiTime had a positive return on equity of 0.53% and a negative net margin of 6.38%.The company had revenue of $113.57 million for the quarter, compared to analyst estimates of $103.51 million. During the same quarter in the prior year, the firm posted $0.26 EPS. SiTime’s quarterly revenue was up 88.3% compared to the same quarter last year. Equities analysts forecast that SiTime Corporation will post 3.23 EPS for the current year.

Hedge Funds Weigh In On SiTime

Institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. increased its stake in shares of SiTime by 3.9% during the fourth quarter. Principal Financial Group Inc. now owns 363,953 shares of the company’s stock valued at $128,545,000 after buying an additional 13,577 shares during the period. Teachers Retirement System of The State of Kentucky boosted its position in SiTime by 145.9% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 12,215 shares of the company’s stock valued at $3,681,000 after purchasing an additional 7,247 shares in the last quarter. Cibc World Market Inc. bought a new stake in SiTime during the third quarter valued at about $2,259,000. Royce & Associates LP boosted its position in SiTime by 95.0% during the third quarter. Royce & Associates LP now owns 54,476 shares of the company’s stock valued at $16,414,000 after purchasing an additional 26,538 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in SiTime by 95.8% during the third quarter. HighTower Advisors LLC now owns 30,368 shares of the company’s stock valued at $9,151,000 after purchasing an additional 14,859 shares in the last quarter. Hedge funds and other institutional investors own 84.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. UBS Group increased their target price on SiTime from $675.00 to $775.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Wall Street Zen upgraded SiTime from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Zacks Research upgraded SiTime from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. Barclays upgraded SiTime from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $400.00 to $850.00 in a research note on Thursday, May 7th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $800.00 target price on shares of SiTime in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $661.88.

Check Out Our Latest Stock Report on SITM

SiTime Company Profile

(Get Free Report)

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.