Pacer Advisors Inc. Makes New $906,000 Investment in SiTime Corporation $SITM

Pacer Advisors Inc. acquired a new stake in shares of SiTime Corporation (NASDAQ:SITM) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,623 shares of the company’s stock, valued at approximately $906,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Parallel Advisors LLC boosted its holdings in SiTime by 26.2% during the first quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock worth $27,000 after buying an additional 16 shares in the last quarter. Optiver Holding B.V. increased its holdings in shares of SiTime by 433.3% in the first quarter. Optiver Holding B.V. now owns 128 shares of the company’s stock valued at $44,000 after buying an additional 104 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of SiTime by 53.7% in the first quarter. Bank of America Corp DE now owns 151,021 shares of the company’s stock valued at $52,155,000 after buying an additional 52,754 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in shares of SiTime during the 1st quarter valued at $758,000. Finally, Janus Henderson Group PLC boosted its stake in shares of SiTime by 13.2% during the 1st quarter. Janus Henderson Group PLC now owns 14,448 shares of the company’s stock worth $4,994,000 after acquiring an additional 1,688 shares in the last quarter. 84.31% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Christine Heckart sold 1,290 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $700.00, for a total transaction of $903,000.00. Following the completion of the sale, the director directly owned 790 shares in the company, valued at approximately $553,000. This trade represents a 62.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rajesh Vashist sold 30,000 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $701.13, for a total value of $21,033,900.00. Following the sale, the chief executive officer owned 402,898 shares of the company’s stock, valued at approximately $282,483,874.74. This represents a 6.93% decrease in their ownership of the stock. 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 a total of 69,709 shares of company stock valued at $50,230,546 in the last three months. Company insiders own 1.40% of the company’s stock.

Key Headlines Impacting SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: SiTime reported second-quarter adjusted earnings of $2.34 per share, above estimates of approximately $1.93–$1.95, while revenue rose 126.5% year over year to $157.4 million, exceeding expectations of about $146.5 million. SiTime Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company issued significantly stronger third-quarter guidance, calling for revenue of $285 million to $295 million and EPS of $3.50 to $3.65, well above consensus revenue of roughly $163.8 million and EPS of $1.90. SiTime Q2 Earnings Beat Estimates, Revenues Increase Year Over Year
• Positive Sentiment: Management highlighted accelerating demand for timing products in AI infrastructure and timing performance devices, with higher content per system, longer customer orders, and improving visibility into 2027. A Renesas relationship was also cited as supporting the outlook. SITM Q2 Earnings Call Points to AI Growth and TPD Upside
• Positive Sentiment: Needham raised its SiTime price target from $850 to $900 and maintained a Buy rating, reinforcing bullish analyst sentiment following the results. SiTime Price Target Raised at Needham
• Neutral Sentiment: SITM also benefited from a broader recovery in chip stocks, which may have amplified the positive reaction beyond the company-specific earnings catalysts. MACOM, SiTime Jump as Chip Stocks Stage Comeback

SiTime Stock Performance

Shares of SITM opened at $725.28 on Monday. The company has a market capitalization of $21.81 billion, a PE ratio of 1,480.16 and a beta of 2.94. The company has a debt-to-equity ratio of 1.29, a quick ratio of 18.50 and a current ratio of 19.44. The company’s 50 day moving average price is $636.53 and its 200 day moving average price is $530.01. SiTime Corporation has a 52 week low of $195.75 and a 52 week high of $901.81.

SiTime (NASDAQ:SITM) last released its earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.39. The company had revenue of $157.43 million during the quarter, compared to the consensus estimate of $146.46 million. SiTime had a net margin of 3.01% and a return on equity of 4.99%. The company’s revenue was up 126.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.47 EPS. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Research analysts expect that SiTime Corporation will post 3.23 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Zacks Research cut SiTime from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Roth Capital reaffirmed a “buy” rating and set a $900.00 target price on shares of SiTime in a report on Thursday, May 7th. Wall Street Zen upgraded SiTime from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. UBS Group lifted their price target on SiTime from $775.00 to $840.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of SiTime in a report on Friday, July 17th. 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, SiTime presently has a consensus rating of “Moderate Buy” and a consensus target price of $688.75.

About SiTime

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.