SiTime Corporation $SITM Shares Sold by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC decreased its position in shares of SiTime Corporation (NASDAQ:SITM) by 37.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,330 shares of the company’s stock after selling 1,376 shares during the period. Motley Fool Asset Management LLC’s holdings in SiTime were worth $1,519,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SITM. Parallel Advisors LLC increased its position in shares of SiTime by 26.2% during the first quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock worth $27,000 after acquiring an additional 16 shares during the last quarter. Hanseatic Management Services Inc. boosted its holdings in SiTime by 2.0% in the third quarter. Hanseatic Management Services Inc. now owns 1,378 shares of the company’s stock valued at $898,000 after purchasing an additional 27 shares during the last quarter. Wedmont Private Capital boosted its holdings in SiTime by 4.5% in the second quarter. Wedmont Private Capital now owns 650 shares of the company’s stock valued at $485,000 after purchasing an additional 28 shares during the last quarter. Allworth Financial LP boosted its holdings in SiTime by 50.0% in the second quarter. Allworth Financial LP now owns 90 shares of the company’s stock valued at $67,000 after purchasing an additional 30 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in SiTime during the 3rd quarter valued at approximately $25,000. 84.31% of the stock is owned by hedge funds and other institutional investors.

SiTime Trading Down 2.6%

SiTime stock opened at $488.08 on Friday. SiTime Corporation has a 1 year low of $243.68 and a 1 year high of $901.81. The firm’s 50-day moving average is $584.22 and its 200-day moving average is $544.50. 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 company has a market cap of $14.68 billion, a P/E ratio of 255.70 and a beta of 2.88.

SiTime (NASDAQ:SITM) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.34 earnings per share for the quarter, beating 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 business had revenue of $157.43 million during the quarter, compared to the consensus estimate of $146.46 million. During the same quarter in the prior year, the firm earned $0.47 EPS. The company’s revenue for the quarter was up 126.5% compared to the same quarter last year. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. On average, equities analysts expect that SiTime Corporation will post 6.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SITM has been the subject of several research analyst reports. Rosenblatt Securities began coverage on SiTime in a research note on Tuesday, October 20th. They set a “buy” rating and a $750.00 target price for the company. Morgan Stanley began coverage on shares of SiTime in a report on Thursday, September 17th. They issued an “overweight” rating and a $370.00 price target on the stock. Seaport Research Partners initiated coverage on shares of SiTime in a report on Tuesday, September 22nd. They issued a “neutral” rating on the stock. Wall Street Zen upgraded shares of SiTime from a “hold” rating to a “buy” rating in a research note on Saturday, October 17th. Finally, Benchmark initiated coverage on shares of SiTime in a report on Wednesday, August 19th. They set a “buy” rating and a $850.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $721.00.

Insider Activity at SiTime

In related news, Director Torsten Kreindl sold 1,050 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $721.67, for a total value of $757,753.50. Following the sale, the director owned 12,481 shares of the company’s stock, valued at approximately $9,007,163.27. This trade represents a 7.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $745.00, for a total value of $745,000.00. Following the transaction, the director owned 10,999 shares of the company’s stock, valued at $8,194,255. This represents a 8.33% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 15,924 shares of company stock valued at $10,056,661. 1.40% of the stock is owned by insiders.

SiTime Company Profile

SiTime Corporation (NASDAQ: SITM) develops and supplies precision timing solutions for electronic systems. Its products are designed to generate, distribute and maintain accurate timing signals, which help connected devices and infrastructure operate reliably and efficiently.

The company’s portfolio includes silicon MEMS-based resonators and oscillators, clock generators, clock synchronizers, jitter attenuators and other timing components. These products are used in applications such as data centers, telecommunications and networking equipment, automotive systems, industrial machinery, aerospace and defense electronics, and consumer devices.

SiTime’s technology is intended to address demanding requirements for frequency stability, signal integrity, power efficiency and resilience in challenging operating environments.