SiTime (NASDAQ:SITM) Insider Fariborz Assaderaghi Sells 500 Shares of Stock

SiTime Corporation (NASDAQ:SITM) insider Fariborz Assaderaghi sold 500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $416.06, for a total transaction of $208,030.00. Following the transaction, the insider owned 100,049 shares in the company, valued at $41,626,386.94. This represents a 0.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Fariborz Assaderaghi also recently made the following trade(s):

• On Wednesday, February 11th, Fariborz Assaderaghi sold 2,112 shares of SiTime stock. The stock was sold at an average price of $428.08, for a total value of $904,104.96.
• On Monday, December 1st, Fariborz Assaderaghi sold 1,500 shares of SiTime stock. The stock was sold at an average price of $291.58, for a total transaction of $437,370.00.

SiTime Stock Down 3.0%

SITM opened at $423.20 on Friday. SiTime Corporation has a fifty-two week low of $105.40 and a fifty-two week high of $446.96. The firm has a market cap of $11.05 billion, a PE ratio of -232.53 and a beta of 2.51. The business has a fifty day simple moving average of $367.66 and a 200-day simple moving average of $301.88.

SiTime (NASDAQ:SITM) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.33. SiTime had a negative net margin of 13.13% and a negative return on equity of 2.06%. The company had revenue of $113.29 million during the quarter, compared to analyst estimates of $101.91 million. During the same period in the prior year, the firm earned $0.48 earnings per share. The business’s quarterly revenue was up 66.3% on a year-over-year basis. On average, equities research analysts anticipate that SiTime Corporation will post -2.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SITM. Loop Capital assumed coverage on SiTime in a research report on Friday, November 21st. They set a “buy” rating and a $350.00 price target on the stock. The Goldman Sachs Group assumed coverage on SiTime in a report on Monday, December 15th. They issued a “buy” rating and a $420.00 target price on the stock. Stifel Nicolaus set a $450.00 price target on shares of SiTime in a research report on Thursday, February 5th. Raymond James Financial restated an “outperform” rating on shares of SiTime in a report on Tuesday, December 2nd. Finally, Needham & Company LLC upped their price objective on shares of SiTime from $400.00 to $450.00 and gave the company a “buy” rating 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 given a Sell rating to the company. According to MarketBeat, SiTime has an average rating of “Moderate Buy” and a consensus target price of $409.38.

Institutional Trading of SiTime

Several large investors have recently added to or reduced their stakes in the business. American Century Companies Inc. bought a new position in shares of SiTime during the 2nd quarter valued at $64,873,000. Norges Bank acquired a new position in SiTime during the fourth quarter worth $83,977,000. Fuller & Thaler Asset Management Inc. bought a new position in SiTime during the fourth quarter valued at about $59,452,000. Wellington Management Group LLP lifted its position in shares of SiTime by 36.8% in the third quarter. Wellington Management Group LLP now owns 537,741 shares of the company’s stock worth $162,027,000 after buying an additional 144,671 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of SiTime by 22.0% in the second quarter. Ameriprise Financial Inc. now owns 736,281 shares of the company’s stock worth $156,887,000 after buying an additional 132,948 shares during the last quarter. 84.31% of the stock is owned by institutional investors.

Trending Headlines about SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q4 earnings beat and strong top-line growth: SiTime reported $1.53 EPS vs. $1.20 expected and revenue of $113.3M (vs. $101.9M est.), with revenue up ~66% year-over-year — a near-term fundamental tailwind. Earnings & data
• Positive Sentiment: Analyst support: Multiple brokerages have high targets and buy/outperform calls (Goldman Sachs initiated at Buy; Stifel, Barclays and others set targets above the current trading level), giving a consensus “Moderate Buy” view and an average target near $409. Analyst coverage
• Neutral Sentiment: High institutional ownership and momentum: Institutions own ~84% of SITM and the stock recently traded near its 52‑week highs, which can amplify moves in either direction. Ownership data
• Neutral Sentiment: Business profile: SiTime’s MEMS timing products address telecom, data center, automotive and industrial markets — a structurally attractive end‑market mix but cyclical exposure to semiconductor demand. Company profile
• Negative Sentiment: Large insider sale — Samsheer Ahamad: Sold 9,100 shares at ~$441.47 for ~$4.02M on Feb 11 (reducing his stake ~14.7%), a sizable disposition that often pressures near‑term sentiment. Insider sale
• Negative Sentiment: Other insider sales: Director and exec sales include a ~$1.51M director sale (reported) plus Fariborz Assaderaghi selling 2,112 shares at $428.08 and 500 shares at $416.06 — these multiple Form 4 filings increase selling pressure and raise questions about timing/intent. Director sale SEC filing

SiTime Company Profile

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.