Tidal Investments LLC Buys 5,419 Shares of SiTime Corporation $SITM

Key Points

• Institutional interest increased: Tidal Investments raised its SiTime stake by 231.3% in the second quarter, while institutional investors collectively own 84.31% of the company.
• Strong results and favorable analyst sentiment: SiTime reported quarterly revenue of $157.4 million, up 126.5% year over year, and EPS of $2.34, beating estimates. Analysts maintain an overall “Buy” consensus with an average price target of $761.25.
• Valuation and insider selling remain risks: SiTime trades at an exceptionally high reported P/E ratio of 1,297, while its CEO sold 12,000 shares for approximately $7.2 million and insiders sold $9.1 million of stock over the past 90 days.

Tidal Investments LLC raised its stake in SiTime Corporation (NASDAQ:SITM - Free Report) by 231.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,762 shares of the company's stock after purchasing an additional 5,419 shares during the period. Tidal Investments LLC's holdings in SiTime were worth $5,787,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Tairen Capital Ltd acquired a new stake in SiTime in the second quarter valued at approximately $9,320,000. Stephens Investment Management Group LLC bought a new position in shares of SiTime in the 1st quarter worth $24,135,000. California State Teachers Retirement System grew its position in SiTime by 73,098.9% in the 2nd quarter. California State Teachers Retirement System now owns 18,779,165 shares of the company's stock valued at $14,000,994,000 after purchasing an additional 18,753,510 shares during the period. Rockefeller Capital Management L.P. increased its stake in SiTime by 1,368.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,259 shares of the company's stock valued at $1,151,000 after purchasing an additional 3,037 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in SiTime by 13.2% during the 1st quarter. Janus Henderson Group PLC now owns 14,448 shares of the company's stock valued at $4,994,000 after purchasing an additional 1,688 shares in the last quarter. Institutional investors own 84.31% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SITM. Wall Street Zen raised shares of SiTime from a "hold" rating to a "buy" rating in a research report on Sunday, July 12th. Zacks Research raised SiTime from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 13th. Needham & Company LLC lifted their target price on SiTime from $850.00 to $900.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Benchmark started coverage on SiTime in a research report on Wednesday, August 19th. They issued a "buy" rating and a $850.00 price target for the company. Finally, Weiss Ratings raised shares of SiTime from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, September 8th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, SiTime currently has an average rating of "Buy" and a consensus price target of $761.25.

Insider Transactions at SiTime

In other news, Director Katherine Schuelke sold 500 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $698.05, for a total value of $349,025.00. Following the sale, the director owned 12,010 shares of the company's stock, valued at $8,383,580.50. The trade was a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Rajesh Vashist sold 12,000 shares of the company's stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $603.47, for a total transaction of $7,241,640.00. Following the sale, the chief executive officer owned 345,544 shares in the company, valued at $208,525,437.68. The trade was a 3.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 14,550 shares of company stock valued at $9,093,418. 1.40% of the stock is currently owned by insiders.

SiTime Stock Performance

Shares of SITM stock opened at $635.66 on Monday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 18.50 and a current ratio of 19.44. The firm has a market cap of $19.11 billion, a price-to-earnings ratio of 1,297.27 and a beta of 2.86. SiTime Corporation has a 52 week low of $243.68 and a 52 week high of $901.81. The firm's 50-day simple moving average is $601.84 and its two-hundred day simple moving average is $571.16.

SiTime (NASDAQ:SITM - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.34 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $146.46 million. During the same quarter in the previous year, the firm posted $0.47 EPS. SiTime's revenue was up 126.5% on a year-over-year basis. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. As a group, equities analysts forecast that SiTime Corporation will post 6.33 earnings per share for the current year.

SiTime News Roundup

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: AI data-center demand supports growth outlook: Management highlighted increasing demand for precision timing in hyperscale data centers, 800G and 1.6T optical modules, and communications infrastructure. Its communications, enterprise and data-center revenue exceeded $100 million in the latest quarter, up 181% year over year. SiTime AI data-center and timing-market commentary
• Positive Sentiment: Product portfolio expansion improves positioning: SiTime completed its acquisition of Renesas’ timing business on July 1, adding more than 550 clocking products and broadening its reach across precision-timing applications. Management also sees substantial room for timing-market expansion through 2030. SiTime Goldman Sachs conference transcript
• Positive Sentiment: Bullish analyst coverage added support: Benchmark initiated coverage with a Buy rating and an $850 price target, citing the growing importance of precision timing for system manufacturers. The broader analyst consensus remains favorable, with reported targets generally above the recent trading range. Benchmark Buy rating for SiTime
• Neutral Sentiment: Strong operating momentum is already reflected in the valuation: SiTime’s latest quarterly revenue rose 126.5% year over year to $157.4 million, while EPS beat estimates. However, the stock trades at an exceptionally high reported price-to-earnings multiple, increasing sensitivity to any slowdown in AI-related growth expectations.
• Negative Sentiment: CEO stock sale may weigh on sentiment: CEO Rajesh Vashist sold 12,000 shares for approximately $7.2 million, reducing his direct stake by 3.36%. The transaction follows a broader pattern of insider selling, with no insider purchases reported in the cited six-month period. SiTime CEO stock sale

SiTime Profile

SiTime Corporation NASDAQ: SITM is a semiconductor company that develops precision timing solutions based on microelectromechanical systems (MEMS) technology. Its products are designed to generate, distribute and synchronize the timing signals used by electronic systems and are intended to provide alternatives to traditional quartz-based timing components.

The company's portfolio includes MEMS oscillators, clock generators, clock buffers, resonators and related timing devices. These products are used in applications such as data centers, wired and wireless communications infrastructure, automotive systems, industrial equipment, consumer electronics, aerospace and defense systems, and other high-performance electronic devices.

SiTime was founded in 2004 and is headquartered in Santa Clara, California.

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