SiTime (NASDAQ:SITM) Shares Gap Up – Time to Buy?

Posted by Stanley Muller on Jul 21st, 2026

SiTime Corporation (NASDAQ:SITM – Get Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $555.15, but opened at $592.56. SiTime shares last traded at $578.0290, with a volume of 28,311 shares.

Analysts Set New Price Targets

SITM has been the subject of several recent research reports. Zacks Research cut shares of SiTime from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. The Goldman Sachs Group reiterated a “buy” rating and issued a $800.00 price objective on shares of SiTime in a research note on Thursday, May 7th. Stifel Nicolaus lifted their target price on SiTime from $450.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Needham & Company LLC boosted their target price on SiTime from $450.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Barclays upgraded SiTime from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $400.00 to $850.00 in a report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $661.88.

Read Our Latest Stock Analysis on SiTime

SiTime Stock Up 4.7%

The company’s fifty day moving average is $687.15 and its two-hundred day moving average is $508.69. The stock has a market cap of $15.35 billion, a price-to-earnings ratio of -574.93 and a beta of 2.91.

SiTime (NASDAQ:SITM – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $1.44 EPS for the quarter, topping the consensus estimate of $1.14 by $0.30. SiTime had a negative net margin of 6.38% and a positive return on equity of 0.53%. The company had revenue of $113.57 million during the quarter, compared to analysts’ expectations of $103.51 million. During the same quarter in the previous year, the business posted $0.26 EPS. The firm’s revenue was up 88.3% on a year-over-year basis. Sell-side analysts predict that SiTime Corporation will post 3.23 EPS for the current fiscal year.

Insider Buying and Selling at SiTime

In other news, Director Torsten Kreindl sold 710 shares of SiTime stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $720.00, for a total transaction of $511,200.00. Following the completion of the sale, the director directly owned 13,141 shares of the company’s stock, valued at approximately $9,461,520. The trade was a 5.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Fariborz Assaderaghi sold 1,000 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $702.90, for a total transaction of $702,900.00. Following the transaction, the insider owned 78,936 shares of the company’s stock, valued at approximately $55,484,114.40. The trade was a 1.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 69,709 shares of company stock worth $50,230,546. 1.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Principal Financial Group Inc. lifted its stake in shares of SiTime by 3.9% in the fourth quarter. Principal Financial Group Inc. now owns 363,953 shares of the company’s stock valued at $128,545,000 after purchasing an additional 13,577 shares during the period. Rockefeller Capital Management L.P. grew its position in SiTime by 1,368.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,259 shares of the company’s stock worth $1,151,000 after buying an additional 3,037 shares during the period. Stephens Investment Management Group LLC acquired a new position in SiTime during the first quarter worth about $24,135,000. FengHe Fund Management Pte. Ltd. purchased a new position in SiTime in the fourth quarter valued at about $45,346,000. Finally, Berkshire Capital Holdings Inc. purchased a new position in SiTime in the fourth quarter valued at about $2,889,000. 84.31% of the stock is owned by institutional investors and hedge funds.

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.