Vontobel Holding Ltd. Acquires New Holdings in SiTime Corporation $SITM

Vontobel Holding Ltd. acquired a new stake in shares of SiTime Corporation (NASDAQ:SITM) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,695 shares of the company’s stock, valued at approximately $1,105,000.

Other hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new position in shares of SiTime in the third quarter valued at $35,000. Gunderson Capital Management LLC purchased a new stake in SiTime during the 3rd quarter worth $332,000. Hudock Inc. increased its stake in SiTime by 79.6% during the 3rd quarter. Hudock Inc. now owns 853 shares of the company’s stock worth $556,000 after buying an additional 378 shares during the period. Lodestone Wealth Management LLC increased its stake in SiTime by 10.5% during the 3rd quarter. Lodestone Wealth Management LLC now owns 503 shares of the company’s stock worth $328,000 after buying an additional 48 shares during the period. Finally, Clay Northam Wealth Management LLC acquired a new position in SiTime in the 3rd quarter worth $319,000. Hedge funds and other institutional investors own 84.31% of the company’s stock.

SiTime Stock Up 5.0%

SITM stock opened at $495.75 on Tuesday. The company has a current ratio of 19.44, a quick ratio of 18.50 and a debt-to-equity ratio of 1.29. The firm has a 50 day simple moving average of $614.89 and a 200-day simple moving average of $617.37. The company has a market capitalization of $14.91 billion, a P/E ratio of 240.89 and a beta of 2.88. SiTime Corporation has a twelve month low of $243.68 and a twelve month high of $901.81.

SiTime (NASDAQ:SITM) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.39. SiTime had a net margin of 3.01% and a return on equity of 4.99%. The firm had revenue of $157.43 million for the quarter, compared to analysts’ expectations of $146.46 million. During the same period in the prior year, the company posted $0.47 earnings per share. The firm’s quarterly revenue was up 126.5% on a year-over-year basis. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. On average, equities research analysts predict that SiTime Corporation will post 6.37 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SITM has been the subject of a number of analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $900.00 price objective on shares of SiTime in a research report on Thursday, August 6th. Zacks Research lowered SiTime from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Benchmark began coverage on SiTime in a research report on Wednesday, August 19th. They set a “buy” rating and a $850.00 target price on the stock. Seaport Research Partners began coverage on SiTime in a research note on Tuesday, September 22nd. They issued a “neutral” rating on the stock. Finally, Morgan Stanley assumed coverage on SiTime in a report on Thursday, September 17th. They issued an “overweight” rating and a $370.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, SiTime currently has an average rating of “Moderate Buy” and a consensus price target of $717.78.

Insider Activity at SiTime

In other news, CEO Rajesh Vashist sold 12,000 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $603.47, for a total value of $7,241,640.00. Following the sale, the chief executive officer owned 345,544 shares in the company, valued at approximately $208,525,437.68. This represents a 3.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Fariborz Assaderaghi sold 1,374 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $701.05, for a total transaction of $963,242.70. Following the transaction, the insider directly owned 66,861 shares in the company, valued at $46,872,904.05. The trade was a 2.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,924 shares of company stock worth $10,056,661 over the last 90 days. Company insiders own 1.40% of the company’s stock.

SiTime Company Profile

SiTime Corporation (NASDAQ: SITM) develops and supplies precision timing solutions for electronic systems. Its products are designed to generate, distribute and maintain accurate timing signals, which help connected devices and infrastructure operate reliably and efficiently.

The company’s portfolio includes silicon MEMS-based resonators and oscillators, clock generators, clock synchronizers, jitter attenuators and other timing components. These products are used in applications such as data centers, telecommunications and networking equipment, automotive systems, industrial machinery, aerospace and defense electronics, and consumer devices.

SiTime’s technology is intended to address demanding requirements for frequency stability, signal integrity, power efficiency and resilience in challenging operating environments.