B. Metzler seel. Sohn & Co. AG Invests $4.98 Million in SiTime Corporation $SITM

Key Points

• B. Metzler seel. Sohn & Co. AG established a new SiTime position worth approximately $4.98 million by purchasing 6,675 shares. Institutional investors collectively own 84.31% of the company.
• Analyst sentiment is broadly positive: SiTime has an average “Buy” rating and a consensus price target of $761.25, with UBS raising its target to $840 and Roth Capital maintaining a $900 target.
• SiTime reported quarterly EPS of $2.34 versus estimates of $1.95, while revenue rose 126.5% year over year to $157.43 million. However, insiders sold 24,550 shares worth approximately $18.31 million during the last quarter.

B. Metzler seel. Sohn & Co. AG bought a new position in SiTime Corporation (NASDAQ:SITM - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 6,675 shares of the company's stock, valued at approximately $4,977,000.

A number of other institutional investors have also added to or reduced their stakes in SITM. Parallel Advisors LLC boosted its stake in SiTime by 26.2% in the first quarter. Parallel Advisors LLC now owns 77 shares of the company's stock worth $27,000 after buying an additional 16 shares in the last quarter. Los Angeles Capital Management LLC grew its stake in shares of SiTime by 0.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 9,023 shares of the company's stock valued at $3,187,000 after buying an additional 25 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of SiTime by 5.9% in the fourth quarter. Corient Private Wealth LLC now owns 703 shares of the company's stock worth $249,000 after buying an additional 39 shares during the period. Lazard Asset Management LLC increased its holdings in shares of SiTime by 7.7% in the second quarter. Lazard Asset Management LLC now owns 654 shares of the company's stock worth $139,000 after buying an additional 47 shares during the period. Finally, Saturna Capital Corp lifted its stake in shares of SiTime by 5.2% in the 4th quarter. Saturna Capital Corp now owns 1,010 shares of the company's stock valued at $357,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 84.31% of the company's stock.

Analyst Ratings Changes

SITM has been the subject of a number of analyst reports. Weiss Ratings raised SiTime from a "sell (d-)" rating to a "hold (c-)" rating in a research note on Tuesday, August 25th. UBS Group lifted their target price on shares of SiTime from $775.00 to $840.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Zacks Research upgraded shares of SiTime from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 13th. Wall Street Zen raised shares of SiTime from a "hold" rating to a "buy" rating in a research report on Sunday, July 12th. Finally, Roth Capital reissued a "buy" rating and issued a $900.00 price target on shares of SiTime in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $761.25.

Insider Activity

In related news, Director Edward H. Frank sold 1,000 shares of SiTime stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $745.00, for a total transaction of $745,000.00. Following the completion of the transaction, the director directly owned 10,999 shares of the company's stock, valued at $8,194,255. This trade represents a 8.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Rajesh Vashist sold 5,000 shares of SiTime stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $750.00, for a total transaction of $3,750,000.00. Following the transaction, the chief executive officer directly owned 9,781 shares of the company's stock, valued at approximately $7,335,750. This trade represents a 33.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 24,550 shares of company stock worth $18,309,538. 1.40% of the stock is currently owned by corporate insiders.

SiTime Stock Up 1.0%

Shares of SiTime stock opened at $574.47 on Friday. The company has a current ratio of 19.44, a quick ratio of 18.50 and a debt-to-equity ratio of 1.29. The company's fifty day simple moving average is $609.52 and its two-hundred day simple moving average is $562.66. The company has a market cap of $17.27 billion, a P/E ratio of 1,172.39 and a beta of 2.86. SiTime Corporation has a 12-month low of $222.77 and a 12-month high of $901.81.

SiTime (NASDAQ:SITM - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $157.43 million during the quarter, compared to analyst estimates of $146.46 million. During the same period in the prior year, the business earned $0.47 EPS. The company's revenue for the quarter was up 126.5% on a year-over-year basis. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Research analysts anticipate that SiTime Corporation will post 6.33 EPS for the current year.

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.

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