SiTime Corporation $SITM Position Increased by MBL Wealth LLC

MBL Wealth LLC raised its holdings in shares of SiTime Corporation (NASDAQ:SITM) by 169.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,227 shares of the company’s stock after buying an additional 1,402 shares during the period. MBL Wealth LLC’s holdings in SiTime were worth $1,452,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in shares of SiTime in the 3rd quarter worth $25,000. Woodward Diversified Capital LLC raised its position in shares of SiTime by 4.8% during the third quarter. Woodward Diversified Capital LLC now owns 2,140 shares of the company’s stock worth $1,395,000 after purchasing an additional 98 shares during the period. Crossmark Global Holdings Inc. lifted its holdings in shares of SiTime by 20.1% during the third quarter. Crossmark Global Holdings Inc. now owns 1,849 shares of the company’s stock valued at $1,206,000 after purchasing an additional 310 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of SiTime by 9.7% during the third quarter. Quadrant Capital Group LLC now owns 545 shares of the company’s stock valued at $355,000 after purchasing an additional 48 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of SiTime by 44.2% during the third quarter. IFP Advisors Inc now owns 333 shares of the company’s stock valued at $217,000 after purchasing an additional 102 shares during the last quarter. Institutional investors and hedge funds own 84.31% of the company’s stock.

Insider Activity

In other news, insider Fariborz Assaderaghi sold 1,374 shares of the company’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $701.05, for a total value of $963,242.70. Following the transaction, the insider owned 66,861 shares in the company, valued at $46,872,904.05. This represents a 2.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Torsten Kreindl sold 1,050 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $721.67, for a total value of $757,753.50. Following the completion of the transaction, the director owned 12,481 shares in the company, valued at $9,007,163.27. This represents a 7.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 15,924 shares of company stock worth $10,056,661. Corporate insiders own 1.40% of the company’s stock.

SiTime Price Performance

SITM opened at $462.72 on Friday. The stock has a fifty day moving average of $603.56 and a 200-day moving average of $620.33. The firm has a market capitalization of $13.91 billion, a P/E ratio of 259.80 and a beta of 2.88. SiTime Corporation has a 12-month low of $243.68 and a 12-month high of $901.81. The company has a quick ratio of 18.50, a current ratio of 19.44 and a debt-to-equity ratio of 1.29.

SiTime (NASDAQ:SITM) last issued its earnings results on Wednesday, August 5th. The company reported $2.34 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $146.46 million. During the same quarter last year, the firm posted $0.47 earnings per share. SiTime’s 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. Equities analysts forecast that SiTime Corporation will post 6.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SITM shares. Zacks Research lowered SiTime from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Weiss Ratings upgraded SiTime from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Benchmark started coverage on SiTime in a report on Wednesday, August 19th. They set a “buy” rating and a $850.00 price objective on the stock. UBS Group upped their price objective on shares of SiTime from $775.00 to $840.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Seaport Research Partners initiated coverage on shares of SiTime in a report on Tuesday, September 22nd. They issued a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $721.00.

SiTime 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.