Janus Henderson Group PLC Grows Holdings in SiTime Corporation $SITM

Janus Henderson Group PLC raised its position in SiTime Corporation (NASDAQ:SITM) by 13.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 14,448 shares of the company’s stock after purchasing an additional 1,688 shares during the period. Janus Henderson Group PLC’s holdings in SiTime were worth $4,994,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new position in shares of SiTime in the fourth quarter worth about $83,977,000. Whale Rock Capital Management LLC increased its holdings in SiTime by 45.4% during the 4th quarter. Whale Rock Capital Management LLC now owns 698,539 shares of the company’s stock worth $246,717,000 after purchasing an additional 218,038 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of SiTime by 61.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 562,892 shares of the company’s stock valued at $198,808,000 after purchasing an additional 213,242 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in shares of SiTime during the 4th quarter valued at approximately $59,452,000. Finally, Wellington Management Group LLP grew its position in shares of SiTime by 36.8% during the third quarter. Wellington Management Group LLP now owns 537,741 shares of the company’s stock worth $162,027,000 after buying an additional 144,671 shares in the last quarter. 84.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at SiTime

In other SiTime news, insider Fariborz Assaderaghi sold 1,709 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $731.49, for a total transaction of $1,250,116.41. Following the transaction, the insider owned 81,436 shares of the company’s stock, valued at approximately $59,569,619.64. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Raman Chitkara sold 2,000 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $727.38, for a total transaction of $1,454,760.00. Following the sale, the director owned 19,898 shares in the company, valued at $14,473,407.24. This trade represents a 9.13% 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. Insiders have sold a total of 69,709 shares of company stock worth $50,230,546 over the last ninety days. Insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SITM shares. UBS Group lifted their price target on shares of SiTime from $775.00 to $840.00 and gave the stock a “buy” rating in a research note on Thursday. The Goldman Sachs Group reissued a “buy” rating and set a $900.00 price objective on shares of SiTime in a report on Thursday. Barclays raised shares of SiTime from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $400.00 to $850.00 in a research report on Thursday, May 7th. Zacks Research lowered shares of SiTime from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Needham & Company LLC lifted their price target on SiTime from $850.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday. Eight equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $688.75.

Key Headlines Impacting SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q2 results exceeded expectations: SiTime reported adjusted EPS of $2.34, ahead of the roughly $1.95 consensus, while revenue rose 126.5% year over year to $157.4 million, surpassing estimates of approximately $146.5 million. SiTime Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Q3 outlook dramatically topped forecasts: Management guided for $285 million-$295 million in revenue and EPS of $3.50-$3.65, well above consensus expectations of approximately $163.8 million and $1.90, respectively. The outlook reflects stronger orders, higher timing content and improving visibility into 2027. SiTime Q2 Earnings Beat Estimates, Revenues Increase Year over Year
• Positive Sentiment: AI and data-center demand are supporting growth: The earnings call highlighted AI infrastructure and time-sensitive networking, or TPD, as key drivers of the expected revenue acceleration. Growth in connected electronic devices and the company’s Renesas relationship also strengthened the forward outlook. SITM Q2 Earnings Call Points to AI Growth and TPD Upside
• Positive Sentiment: Analyst support added momentum: Needham raised its SiTime price target from $850 to $900 and maintained a Buy rating, signaling confidence that the earnings outlook could justify additional upside. SiTime Price Target Raised at Needham
• Neutral Sentiment: SiTime also benefited from a broader rebound in semiconductor stocks, although its elevated valuation—with a reported P/E ratio above 277—leaves the shares sensitive to any slowdown in AI-related demand or failure to meet the aggressive guidance.

SiTime Stock Performance

Shares of SITM opened at $687.50 on Friday. The firm has a fifty day moving average of $636.23 and a 200-day moving average of $527.52. The company has a market cap of $18.15 billion, a price-to-earnings ratio of 1,403.06 and a beta of 2.94. SiTime Corporation has a 1 year low of $192.00 and a 1 year high of $901.81.

SiTime (NASDAQ:SITM) last posted its earnings results on Wednesday, August 5th. The company reported $2.34 EPS for the quarter, beating the consensus estimate of $1.95 by $0.39. The firm had revenue of $157.43 million for the quarter, compared to analysts’ expectations of $146.46 million. SiTime had a return on equity of 4.86% and a net margin of 3.01%.The firm’s revenue was up 126.5% compared to the same quarter last year. During the same period last year, the firm earned $0.47 EPS. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Analysts predict that SiTime Corporation will post 3.23 EPS for the current year.

SiTime Profile

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.