GAMMA Investing LLC Sells 870 Shares of SiTime Corporation $SITM

GAMMA Investing LLC lessened its stake in shares of SiTime Corporation (NASDAQ:SITM) by 37.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,481 shares of the company’s stock after selling 870 shares during the quarter. GAMMA Investing LLC’s holdings in SiTime were worth $1,104,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Rakuten Securities Inc. boosted its stake in SiTime by 188.5% during the fourth quarter. Rakuten Securities Inc. now owns 75 shares of the company’s stock worth $26,000 after buying an additional 49 shares during the period. Parallel Advisors LLC raised its stake in shares of SiTime by 26.2% in the first quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock valued at $27,000 after acquiring an additional 16 shares during the period. Larson Financial Group LLC raised its stake in shares of SiTime by 3,200.0% in the third quarter. Larson Financial Group LLC now owns 99 shares of the company’s stock valued at $30,000 after acquiring an additional 96 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of SiTime in the 4th quarter worth about $33,000. Finally, Danske Bank A S bought a new stake in shares of SiTime in the 4th quarter worth about $35,000. 84.31% of the stock is currently owned by institutional investors.

SiTime Stock Up 5.5%

Shares of SITM opened at $725.28 on Friday. The firm has a fifty day moving average price of $636.53 and a 200-day moving average price of $528.90. The company has a current ratio of 19.44, a quick ratio of 11.28 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $19.15 billion, a P/E ratio of 1,480.16 and a beta of 2.94. SiTime Corporation has a 12-month low of $195.75 and a 12-month high of $901.81.

SiTime (NASDAQ:SITM) last posted its quarterly 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 net margin of 3.01% and a return on equity of 4.99%. The company had revenue of $157.43 million for the quarter, compared to the consensus estimate of $146.46 million. During the same quarter last year, the firm posted $0.47 EPS. The firm’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 research analysts expect that SiTime Corporation will post 3.23 earnings per share for the current year.

Key Stories 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

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Wall Street Zen upgraded shares of SiTime from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Needham & Company LLC raised their price objective on shares of SiTime from $850.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday. Stifel Nicolaus boosted their target price on SiTime from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Roth Capital reaffirmed a “buy” rating and set a $900.00 target price on shares of SiTime in a research note on Thursday, May 7th. Finally, Barclays upgraded SiTime from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $400.00 to $850.00 in a report on Thursday, May 7th. Eight research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, SiTime has a consensus rating of “Moderate Buy” and an average price target of $688.75.

Insiders Place Their Bets

In other news, Director Raman Chitkara sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $727.38, for a total transaction of $1,454,760.00. Following the transaction, the director directly owned 19,898 shares of the company’s stock, valued at approximately $14,473,407.24. This trade represents a 9.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Christine Heckart sold 1,290 shares of the firm’s stock in a transaction that occurred 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 transaction, 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 SEC filing for this sale provides additional information. Over the last three months, insiders sold 69,709 shares of company stock worth $50,230,546. 1.40% of the stock is owned by company insiders.

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.