SiTime (NASDAQ:SITM) Shares Gap Up Following Analyst Upgrade

SiTime Corporation (NASDAQ:SITM)’s stock price gapped up before the market opened on Thursday after UBS Group raised their price target on the stock from $430.00 to $485.00. The stock had previously closed at $347.96, but opened at $384.42. UBS Group currently has a buy rating on the stock. SiTime shares last traded at $408.6740, with a volume of 391,231 shares traded.

Other analysts also recently issued reports about the stock. Loop Capital began coverage on shares of SiTime in a report on Friday, November 21st. They issued a “buy” rating and a $350.00 price objective on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of SiTime in a report on Tuesday, December 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SiTime in a research report on Thursday, January 22nd. Stifel Nicolaus boosted their price objective on SiTime from $360.00 to $400.00 and gave the company a “buy” rating in a report on Friday, January 16th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $350.00 target price on shares of SiTime in a report on Thursday, November 6th. 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 stock. Based on data from MarketBeat.com, SiTime currently has an average rating of “Moderate Buy” and a consensus target price of $409.38.

Insider Buying and Selling

In other SiTime news, insider Samsheer Ahamad sold 4,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $291.10, for a total transaction of $1,164,400.00. Following the transaction, the insider owned 51,711 shares in the company, valued at approximately $15,053,072.10. This represents a 7.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Rajesh Vashist sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $369.20, for a total value of $738,400.00. Following the completion of the sale, the chief executive officer directly owned 431,609 shares in the company, valued at approximately $159,350,042.80. The trade was a 0.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 9,500 shares of company stock valued at $2,922,210. 2.10% of the stock is owned by company insiders.

SiTime News Roundup

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

Institutional Trading of SiTime

Several institutional investors have recently modified their holdings of SITM. Legato Capital Management LLC increased its stake in shares of SiTime by 171.1% during the fourth quarter. Legato Capital Management LLC now owns 9,788 shares of the company’s stock worth $3,457,000 after purchasing an additional 6,178 shares in the last quarter. FourThought Financial Partners LLC acquired a new stake in SiTime in the 4th quarter worth about $223,000. PNC Financial Services Group Inc. increased its stake in SiTime by 7.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,300 shares of the company’s stock worth $812,000 after buying an additional 163 shares in the last quarter. Handelsbanken Fonder AB raised its holdings in shares of SiTime by 16.5% during the fourth quarter. Handelsbanken Fonder AB now owns 6,504 shares of the company’s stock valued at $2,297,000 after acquiring an additional 920 shares during the last quarter. Finally, ProShare Advisors LLC raised its holdings in shares of SiTime by 4.1% during the fourth quarter. ProShare Advisors LLC now owns 4,192 shares of the company’s stock valued at $1,481,000 after acquiring an additional 164 shares during the last quarter. Institutional investors and hedge funds own 84.31% of the company’s stock.

SiTime Stock Up 2.0%

The firm has a 50-day moving average price of $359.69 and a two-hundred day moving average price of $295.56. The firm has a market cap of $10.93 billion, a PE ratio of -230.05 and a beta of 2.51.

SiTime (NASDAQ:SITM) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.20 by $0.33. The firm had revenue of $113.28 million during the quarter, compared to the consensus estimate of $101.91 million. SiTime had a negative return on equity of 2.06% and a negative net margin of 13.13%.The firm’s revenue was up 66.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.48 EPS. Research analysts forecast that SiTime Corporation will post -2.44 earnings per share for the current fiscal year.

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.