Public Sector Pension Investment Board Purchases 14,008 Shares of SiTime Corporation $SITM

Public Sector Pension Investment Board raised its position in SiTime Corporation (NASDAQ:SITM) by 19.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,194 shares of the company’s stock after acquiring an additional 14,008 shares during the quarter. Public Sector Pension Investment Board’s holdings in SiTime were worth $25,670,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SITM. American Century Companies Inc. bought a new stake in shares of SiTime in the second quarter worth about $64,873,000. Ameriprise Financial Inc. grew its position in shares of SiTime by 22.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 736,281 shares of the company’s stock worth $156,887,000 after buying an additional 132,948 shares during the last quarter. Fortress Investment Group LLC bought a new stake in shares of SiTime in the 2nd quarter worth approximately $22,182,000. Geode Capital Management LLC increased its stake in shares of SiTime by 11.2% during the second quarter. Geode Capital Management LLC now owns 506,400 shares of the company’s stock valued at $107,918,000 after buying an additional 51,063 shares during the period. Finally, Osterweis Capital Management Inc. bought a new position in shares of SiTime during the second quarter valued at approximately $10,267,000. 84.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Wall Street Zen upgraded shares of SiTime from a “hold” rating to a “buy” rating in a report on Saturday. Stifel Nicolaus set a $450.00 target price on shares of SiTime in a research note on Thursday, February 5th. Roth Mkm reiterated a “buy” rating and set a $450.00 price target on shares of SiTime in a research report on Thursday, February 5th. Needham & Company LLC raised their price objective on shares of SiTime from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, The Goldman Sachs Group initiated coverage on SiTime in a research report on Monday, December 15th. They set a “buy” rating and a $420.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $409.38.

SiTime Price Performance

Shares of SiTime stock opened at $420.23 on Friday. SiTime Corporation has a 1 year low of $105.40 and a 1 year high of $446.95. The firm has a market cap of $11.05 billion, a price-to-earnings ratio of -230.90 and a beta of 2.51. The company has a 50-day moving average of $369.02 and a 200 day moving average of $303.45.

SiTime (NASDAQ:SITM) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $113.29 million for the quarter, compared to analysts’ expectations of $101.91 million. During the same quarter in the prior year, the company earned $0.48 earnings per share. The business’s revenue was up 66.3% compared to the same quarter last year. On average, equities analysts anticipate that SiTime Corporation will post -2.44 EPS for the current year.

Insider Buying and Selling

In other news, CEO Rajesh Vashist sold 2,000 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $369.20, for a total value of $738,400.00. Following the sale, the chief executive officer directly owned 431,609 shares of the company’s stock, valued at approximately $159,350,042.80. This represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Fariborz Assaderaghi sold 2,112 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $428.08, for a total value of $904,104.96. Following the transaction, the insider owned 97,937 shares of the company’s stock, valued at $41,924,870.96. The trade was a 2.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 24,712 shares of company stock worth $9,562,777. 2.10% of the stock is currently owned by corporate insiders.

More SiTime News

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.