1,673 Shares in SiTime Corporation $SITM Bought by Penserra Capital Management LLC

Penserra Capital Management LLC bought a new stake in SiTime Corporation (NASDAQ:SITM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,673 shares of the company’s stock, valued at approximately $504,000.

Several other institutional investors have also modified their holdings of the business. Invesco Ltd. raised its stake in shares of SiTime by 4.8% in the 2nd quarter. Invesco Ltd. now owns 1,019,140 shares of the company’s stock valued at $217,158,000 after acquiring an additional 46,721 shares in the last quarter. State Street Corp grew its position in shares of SiTime by 3.7% in the 2nd quarter. State Street Corp now owns 911,280 shares of the company’s stock valued at $194,176,000 after purchasing an additional 32,178 shares during the period. Ameriprise Financial Inc. grew its stake in shares of SiTime by 22.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 736,281 shares of the company’s stock worth $156,887,000 after acquiring an additional 132,948 shares in the last quarter. Geode Capital Management LLC boosted its stake in SiTime by 11.2% in the 2nd quarter. Geode Capital Management LLC now owns 506,400 shares of the company’s stock valued at $107,918,000 after purchasing an additional 51,063 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in shares of SiTime by 1.1% during the 2nd quarter. Alliancebernstein L.P. now owns 448,036 shares of the company’s stock worth $95,468,000 after acquiring an additional 4,809 shares during the period. Institutional investors and hedge funds own 84.31% of the company’s stock.

Analyst Upgrades and Downgrades

SITM has been the subject of a number of analyst reports. Stifel Nicolaus set a $450.00 price objective on SiTime in a research report on Thursday. Barclays set a $400.00 price target on SiTime in a research note on Thursday. The Goldman Sachs Group began coverage on SiTime in a research note on Monday, December 15th. They issued a “buy” rating and a $420.00 target price for the company. UBS Group lifted their target price on shares of SiTime from $430.00 to $485.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Loop Capital started coverage on SiTime in a report on Friday, November 21st. They issued a “buy” rating and a $350.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $409.38.

SiTime Price Performance

Shares of NASDAQ:SITM opened at $418.69 on Monday. SiTime Corporation has a 1-year low of $105.40 and a 1-year high of $440.00. The firm’s 50 day simple moving average is $359.69 and its two-hundred day simple moving average is $296.93. The company has a market capitalization of $10.93 billion, a P/E ratio of -230.05 and a beta of 2.51.

SiTime (NASDAQ:SITM) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $1.53 EPS for the quarter, topping 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 business had revenue of $113.28 million during the quarter, compared to analysts’ expectations of $101.91 million. During the same period last year, the company posted $0.48 EPS. The business’s revenue was up 66.3% on a year-over-year basis. On average, sell-side analysts anticipate that SiTime Corporation will post -2.44 earnings per share for the current fiscal year.

Key Stories Impacting SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q4 results materially beat expectations — EPS $1.53 vs. consensus $1.20 and revenue $113.3M (+66% y/y), driving confidence in near‑term demand and growth. SiTime Q4 beat
• Positive Sentiment: SiTime agreed to acquire Renesas’ timing business for ~$1.5B — the deal expands addressable market and underpins management’s $1B revenue vision and a projected ~70% gross‑margin uplift if cost synergies and product cross‑sell materialize. Acquisition announcement Vision & margins
• Positive Sentiment: Analyst support: Needham raised its price target to $450 and kept a Buy rating, signaling additional analyst conviction that could attract buyers. Price target raise
• Neutral Sentiment: Management commentary highlights upside potential: CEO said SiTime tech could eventually be used in “billions” of Renesas chips — promising but dependent on product qualification and ramp. CEO remarks
• Neutral Sentiment: Earnings call materials and transcripts are available for investor due diligence — useful for details on integration plans and margin guidance. Earnings presentation Call transcript
• Negative Sentiment: Deal and execution risks: the $1.5B acquisition is large relative to market cap and execution/integration risk could weigh on cash flow, margins and near‑term returns; the company still shows negative net margin and analysts expect negative EPS for the current year, so investor gains hinge on successful integration and margin delivery. Deal size & risks

Insider Buying and Selling at SiTime

In related news, insider Fariborz Assaderaghi sold 1,500 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $291.58, for a total value of $437,370.00. Following the sale, the insider directly owned 84,815 shares in the company, valued at approximately $24,730,357.70. The trade was a 1.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Samsheer Ahamad sold 4,000 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $291.10, for a total value of $1,164,400.00. Following the completion of the sale, the insider directly owned 51,711 shares in the company, valued at $15,053,072.10. This represents a 7.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 9,500 shares of company stock worth $2,922,210. 2.10% of the stock is currently owned by insiders.

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.