Meiji Yasuda Asset Management Co Ltd. Makes New $2.37 Million Investment in SiTime Corporation $SITM

Posted by Francis Steltz on Aug 25th, 2026

Meiji Yasuda Asset Management Co Ltd. acquired a new stake in SiTime Corporation (NASDAQ:SITM – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,179 shares of the company’s stock, valued at approximately $2,370,000.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada grew its stake in shares of SiTime by 12.5% in the first quarter. Royal Bank of Canada now owns 4,411 shares of the company’s stock worth $675,000 after purchasing an additional 491 shares during the last quarter. Advisors Asset Management Inc. grew its position in shares of SiTime by 33.6% in the 1st quarter. Advisors Asset Management Inc. now owns 350 shares of the company’s stock worth $54,000 after buying an additional 88 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of SiTime by 310.8% during the first quarter. AQR Capital Management LLC now owns 10,754 shares of the company’s stock valued at $1,557,000 after buying an additional 8,136 shares during the period. Intech Investment Management LLC lifted its stake in SiTime by 21.6% in the first quarter. Intech Investment Management LLC now owns 8,322 shares of the company’s stock worth $1,272,000 after acquiring an additional 1,477 shares during the period. Finally, M&T Bank Corp bought a new stake in SiTime in the second quarter valued at $240,000. 84.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on SITM shares. UBS Group upped their price objective on shares of SiTime from $775.00 to $840.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Benchmark initiated coverage on shares of SiTime in a research report on Wednesday, August 19th. They set a “buy” rating and a $850.00 price target on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of SiTime in a research note on Friday, July 17th. Wall Street Zen upgraded shares of SiTime from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Needham & Company LLC lifted their price objective on SiTime from $850.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $706.67.

Get Our Latest Report on SiTime

Insider Transactions at SiTime

In related news, insider Fariborz Assaderaghi sold 1,500 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $712.72, for a total value of $1,069,080.00. Following the transaction, the insider owned 79,936 shares in the company, valued at $56,971,985.92. The trade was a 1.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Torsten Kreindl sold 1,050 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $721.67, for a total transaction of $757,753.50. Following the sale, the director directly owned 12,481 shares in the company, valued at $9,007,163.27. This trade represents a 7.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 68,340 shares of company stock worth $49,029,718 over the last quarter. Corporate insiders own 1.40% of the company’s stock.

SiTime Stock Down 5.5%

SITM stock opened at $580.97 on Tuesday. The business has a 50 day moving average of $630.27 and a 200 day moving average of $553.35. The firm has a market cap of $17.47 billion, a PE ratio of 1,185.65 and a beta of 2.94. SiTime Corporation has a twelve month low of $222.12 and a twelve month high of $901.81. The company has a quick ratio of 18.50, a current ratio of 19.44 and a debt-to-equity ratio of 1.29.

SiTime (NASDAQ:SITM – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $2.34 EPS for the quarter, topping the consensus estimate 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 in the previous year, the company posted $0.47 earnings per share. The company’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 fiscal year.

SiTime Profile

(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.