SiTime (NASDAQ:SITM) Stock Rating Upgraded by Wall Street Zen

SiTime (NASDAQ:SITM) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Several other analysts have also recently commented on SITM. Loop Capital assumed coverage on shares of SiTime in a research note on Friday, November 21st. They set a “buy” rating and a $350.00 price objective for the company. The Goldman Sachs Group started coverage on shares of SiTime in a research note on Monday, December 15th. They set a “buy” rating and a $420.00 target price for the company. Roth Mkm restated a “buy” rating and issued a $450.00 price objective on shares of SiTime in a report on Thursday, February 5th. Barclays set a $400.00 target price on SiTime in a report on Thursday, February 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of SiTime in a research report on Thursday, January 22nd. Seven 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $409.38.

SiTime Stock Performance

SiTime stock opened at $420.23 on Friday. The stock has a market cap of $11.05 billion, a PE ratio of -230.90 and a beta of 2.51. The stock has a 50-day moving average of $369.02 and a two-hundred day moving average of $303.45. SiTime has a one year low of $105.40 and a one year high of $446.95.

SiTime (NASDAQ:SITM) last released its earnings results on Wednesday, February 4th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $113.29 million for the quarter, compared to the consensus estimate of $101.91 million. During the same quarter in the previous year, the firm earned $0.48 EPS. SiTime’s revenue was up 66.3% compared to the same quarter last year. As a group, sell-side analysts predict that SiTime will post -2.44 EPS for the current fiscal year.

Insider Transactions at SiTime

In related news, CEO Rajesh Vashist sold 2,000 shares of the company’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 transaction of $738,400.00. Following the sale, the chief executive officer directly owned 431,609 shares of the company’s stock, valued at $159,350,042.80. This represents a 0.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Akira Takata sold 3,500 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $431.73, for a total transaction of $1,511,055.00. Following the sale, the director owned 13,734 shares in the company, valued at approximately $5,929,379.82. This trade represents a 20.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 24,712 shares of company stock valued at $9,562,777. 2.10% of the stock is owned by insiders.

Institutional Trading of SiTime

A number of large investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in SiTime by 12.5% in the first quarter. Royal Bank of Canada now owns 4,411 shares of the company’s stock valued at $675,000 after purchasing an additional 491 shares during the period. Advisors Asset Management Inc. raised its position in SiTime by 33.6% in the 1st quarter. Advisors Asset Management Inc. now owns 350 shares of the company’s stock valued at $54,000 after purchasing an additional 88 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of SiTime by 310.8% in the 1st quarter. AQR Capital Management LLC now owns 10,754 shares of the company’s stock valued at $1,557,000 after buying an additional 8,136 shares during the period. Intech Investment Management LLC grew its position in shares of SiTime by 21.6% during the first quarter. Intech Investment Management LLC now owns 8,322 shares of the company’s stock worth $1,272,000 after buying an additional 1,477 shares in the last quarter. Finally, US Bancorp DE grew its position in shares of SiTime by 66.1% during the second quarter. US Bancorp DE now owns 2,747 shares of the company’s stock worth $585,000 after buying an additional 1,093 shares in the last quarter. Hedge funds and other institutional investors own 84.31% of the company’s stock.

Key Stories Impacting SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q4 beat and strong revenue growth — SiTime reported $1.53 EPS vs. $1.20 expected and revenue of $113.3M (up ~66% YoY), providing a clear near‑term fundamental tailwind. Earnings & data
• Positive Sentiment: Analyst support — multiple brokerages have Buy/Outperform calls and raised targets (UBS, Needham, Stifel, Barclays among them), giving a consensus “Moderate Buy” and average target near $409, which supports longer‑term upside. Analyst coverage
• Neutral Sentiment: High institutional ownership and momentum — institutions hold ~84% of shares and the stock has traded near 52‑week highs, which can amplify moves in either direction. Ownership data
• Neutral Sentiment: Business exposure — SiTime’s MEMS timing products serve telecom, data center, automotive and industrial markets (structurally attractive but still cyclical with semiconductor demand). Company profile
• Negative Sentiment: Large insider sale by Samsheer Ahamad — sold 9,100 shares (~$4.02M) on Feb 11, a ~14.7% reduction in his stake; sizable single‑day sellings often weigh on sentiment. Insider sale
• Negative Sentiment: Additional insider/director selling — Director sale reported at ~$1.51M plus Fariborz Assaderaghi sold 2,112 shares (~$904k) and 500 shares (~$208k) across Feb 10–11; multiple Form 4s increase near‑term selling pressure and may raise investor questions. Director sale SEC filing

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.