Rajesh Vashist Sells 12,000 Shares of SiTime (NASDAQ:SITM) Stock

SiTime Corporation (NASDAQ:SITM) CEO Rajesh Vashist sold 12,000 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $603.47, for a total value of $7,241,640.00. Following the completion of the transaction, the chief executive officer directly owned 345,544 shares of the company’s stock, valued at $208,525,437.68. The trade was a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Rajesh Vashist also recently made the following trade(s):

• On Monday, June 15th, Rajesh Vashist sold 5,000 shares of SiTime stock. The shares were sold at an average price of $750.00, for a total value of $3,750,000.00.
• On Monday, June 15th, Rajesh Vashist sold 15,000 shares of SiTime stock. The shares were sold at an average price of $750.20, for a total value of $11,253,000.00.

SiTime Stock Performance

Shares of SITM opened at $635.66 on Friday. SiTime Corporation has a 52-week low of $243.68 and a 52-week high of $901.81. The stock’s 50-day simple moving average is $601.84 and its 200 day simple moving average is $569.94. 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 stock has a market capitalization of $19.11 billion, a price-to-earnings ratio of 1,297.27 and a beta of 2.86.

SiTime (NASDAQ:SITM) last posted its earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $146.46 million. During the same quarter in the previous year, the firm earned $0.47 EPS. The company’s quarterly revenue was up 126.5% compared to the same quarter last year. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Research analysts forecast that SiTime Corporation will post 6.33 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Weiss Ratings raised shares of SiTime from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Wall Street Zen upgraded shares of SiTime from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Needham & Company LLC upped their price target on shares of SiTime from $850.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. UBS Group increased their price objective on SiTime from $775.00 to $840.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Benchmark assumed coverage on SiTime in a research note on Wednesday, August 19th. They set a “buy” rating and a $850.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $761.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SITM. Parallel Advisors LLC lifted its stake 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 purchasing an additional 16 shares during the last quarter. Los Angeles Capital Management LLC boosted its holdings in shares of SiTime by 0.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 9,023 shares of the company’s stock worth $3,187,000 after purchasing an additional 25 shares in the last quarter. Wedmont Private Capital increased its position in shares of SiTime by 4.5% during the 2nd quarter. Wedmont Private Capital now owns 650 shares of the company’s stock valued at $485,000 after purchasing an additional 28 shares during the last quarter. Allworth Financial LP raised its holdings in shares of SiTime by 50.0% during the 2nd quarter. Allworth Financial LP now owns 90 shares of the company’s stock valued at $67,000 after buying an additional 30 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in shares of SiTime by 5.9% during the 4th quarter. Corient Private Wealth LLC now owns 703 shares of the company’s stock valued at $249,000 after buying an additional 39 shares in the last quarter. 84.31% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: AI data-center demand supports growth outlook: Management highlighted increasing demand for precision timing in hyperscale data centers, 800G and 1.6T optical modules, and communications infrastructure. Its communications, enterprise and data-center revenue exceeded $100 million in the latest quarter, up 181% year over year. SiTime AI data-center and timing-market commentary
• Positive Sentiment: Product portfolio expansion improves positioning: SiTime completed its acquisition of Renesas’ timing business on July 1, adding more than 550 clocking products and broadening its reach across precision-timing applications. Management also sees substantial room for timing-market expansion through 2030. SiTime Goldman Sachs conference transcript
• Positive Sentiment: Bullish analyst coverage added support: Benchmark initiated coverage with a Buy rating and an $850 price target, citing the growing importance of precision timing for system manufacturers. The broader analyst consensus remains favorable, with reported targets generally above the recent trading range. Benchmark Buy rating for SiTime
• Neutral Sentiment: Strong operating momentum is already reflected in the valuation: SiTime’s latest quarterly revenue rose 126.5% year over year to $157.4 million, while EPS beat estimates. However, the stock trades at an exceptionally high reported price-to-earnings multiple, increasing sensitivity to any slowdown in AI-related growth expectations.
• Negative Sentiment: CEO stock sale may weigh on sentiment: CEO Rajesh Vashist sold 12,000 shares for approximately $7.2 million, reducing his direct stake by 3.36%. The transaction follows a broader pattern of insider selling, with no insider purchases reported in the cited six-month period. SiTime CEO stock sale

About SiTime

SiTime Corporation (NASDAQ: SITM) is a semiconductor company that develops precision timing solutions based on microelectromechanical systems (MEMS) technology. Its products are designed to generate, distribute and synchronize the timing signals used by electronic systems and are intended to provide alternatives to traditional quartz-based timing components.

The company’s portfolio includes MEMS oscillators, clock generators, clock buffers, resonators and related timing devices. These products are used in applications such as data centers, wired and wireless communications infrastructure, automotive systems, industrial equipment, consumer electronics, aerospace and defense systems, and other high-performance electronic devices.

SiTime was founded in 2004 and is headquartered in Santa Clara, California.