SiTime (NASDAQ:SITM) Insider Fariborz Assaderaghi Sells 2,112 Shares

SiTime Corporation (NASDAQ:SITMGet Free Report) insider Fariborz Assaderaghi sold 2,112 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $428.08, for a total transaction of $904,104.96. Following the completion of the transaction, the insider directly owned 97,937 shares of the company’s stock, valued at $41,924,870.96. This trade represents a 2.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Fariborz Assaderaghi also recently made the following trade(s):

  • On Tuesday, February 10th, Fariborz Assaderaghi sold 500 shares of SiTime stock. The shares were sold at an average price of $416.06, for a total value of $208,030.00.
  • On Monday, December 1st, Fariborz Assaderaghi sold 1,500 shares of SiTime stock. The stock was sold at an average price of $291.58, for a total value of $437,370.00.

SiTime Price Performance

Shares of NASDAQ SITM opened at $423.20 on Friday. SiTime Corporation has a 1-year low of $105.40 and a 1-year high of $446.96. The business has a fifty day moving average price of $367.66 and a 200 day moving average price of $301.88. The stock has a market capitalization of $11.05 billion, a P/E ratio of -232.53 and a beta of 2.51.

SiTime (NASDAQ:SITMGet Free Report) last posted its earnings results on Wednesday, February 4th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.33. The company had revenue of $113.29 million for the quarter, compared to analyst estimates of $101.91 million. SiTime had a negative return on equity of 2.06% and a negative net margin of 13.13%.The firm’s quarterly revenue was up 66.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.48 earnings per share. As a group, equities research analysts anticipate that SiTime Corporation will post -2.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on SITM. Roth Mkm reaffirmed a “buy” rating and set a $450.00 target price on shares of SiTime in a research report on Thursday, February 5th. Raymond James Financial restated an “outperform” rating on shares of SiTime in a research note on Tuesday, December 2nd. UBS Group increased their price objective on shares of SiTime from $430.00 to $485.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of SiTime in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group assumed coverage on shares of SiTime in a research note on Monday, December 15th. They set a “buy” rating and a $420.00 price target on the stock. Seven investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $409.38.

View Our Latest Report on SITM

Institutional Investors Weigh In On SiTime

A number of large investors have recently bought and sold shares of SITM. Castleark Management LLC raised its position in SiTime by 3.0% during the 4th quarter. Castleark Management LLC now owns 33,554 shares of the company’s stock worth $11,851,000 after buying an additional 970 shares during the last quarter. Advisors Asset Management Inc. lifted its position in SiTime by 29.7% during the fourth quarter. Advisors Asset Management Inc. now owns 695 shares of the company’s stock valued at $245,000 after purchasing an additional 159 shares during the period. Hollencrest Capital Management boosted its holdings in SiTime by 952.2% in the fourth quarter. Hollencrest Capital Management now owns 705 shares of the company’s stock valued at $249,000 after purchasing an additional 638 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its position in SiTime by 1,170.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,842 shares of the company’s stock worth $651,000 after purchasing an additional 1,697 shares during the period. Finally, HRT Financial LP acquired a new stake in SiTime during the 4th quarter worth about $1,292,000. 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 earnings beat and strong top-line growth: SiTime reported $1.53 EPS vs. $1.20 expected and revenue of $113.3M (vs. $101.9M est.), with revenue up ~66% year-over-year — a near-term fundamental tailwind. Earnings & data
  • Positive Sentiment: Analyst support: Multiple brokerages have high targets and buy/outperform calls (Goldman Sachs initiated at Buy; Stifel, Barclays and others set targets above the current trading level), giving a consensus “Moderate Buy” view and an average target near $409. Analyst coverage
  • Neutral Sentiment: High institutional ownership and momentum: Institutions own ~84% of SITM and the stock recently traded near its 52‑week highs, which can amplify moves in either direction. Ownership data
  • Neutral Sentiment: Business profile: SiTime’s MEMS timing products address telecom, data center, automotive and industrial markets — a structurally attractive end‑market mix but cyclical exposure to semiconductor demand. Company profile
  • Negative Sentiment: Large insider sale — Samsheer Ahamad: Sold 9,100 shares at ~$441.47 for ~$4.02M on Feb 11 (reducing his stake ~14.7%), a sizable disposition that often pressures near‑term sentiment. Insider sale
  • Negative Sentiment: Other insider sales: Director and exec sales include a ~$1.51M director sale (reported) plus Fariborz Assaderaghi selling 2,112 shares at $428.08 and 500 shares at $416.06 — these multiple Form 4 filings increase selling pressure and raise questions about timing/intent. Director sale SEC filing

SiTime Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for SiTime (NASDAQ:SITM)

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