1,344 Shares in SiTime Corporation $SITM Purchased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC acquired a new stake in SiTime Corporation (NASDAQ:SITM) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 1,344 shares of the company’s stock, valued at approximately $1,002,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in shares of SiTime in the second quarter valued at approximately $48,000. Bank of New York Mellon Corp acquired a new stake in SiTime during the second quarter worth approximately $123,264,000. State of Wyoming bought a new position in SiTime during the 2nd quarter worth $248,000. GSA Capital Partners LLP bought a new position in SiTime during the 2nd quarter worth $775,000. Finally, USA Financial Formulas acquired a new position in SiTime in the 1st quarter valued at $33,000. Institutional investors and hedge funds own 84.31% of the company’s stock.

Analyst Upgrades and Downgrades

SITM has been the topic of several analyst reports. Needham & Company LLC increased their target price on SiTime from $850.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Roth Capital reaffirmed a “buy” rating and set a $900.00 price objective on shares of SiTime in a research report on Thursday, May 7th. The Goldman Sachs Group reiterated a “buy” rating and set a $900.00 price objective on shares of SiTime in a research note on Thursday, August 6th. Wall Street Zen raised shares of SiTime from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Zacks Research upgraded shares of SiTime from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, SiTime presently has a consensus rating of “Moderate Buy” and an average price target of $688.75.

SiTime Price Performance

Shares of SITM stock opened at $749.44 on Tuesday. The business has a fifty day simple moving average of $638.75 and a 200 day simple moving average of $544.35. The company has a market cap of $22.54 billion, a P/E ratio of 1,529.47 and a beta of 2.94. The company has a quick ratio of 18.50, a current ratio of 19.44 and a debt-to-equity ratio of 1.29. SiTime Corporation has a twelve month low of $204.60 and a twelve month high of $901.81.

SiTime (NASDAQ:SITM) last released its earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 4.99% and a net margin of 3.01%.The business’s revenue for the quarter was up 126.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.47 earnings per share. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. On average, sell-side analysts forecast that SiTime Corporation will post 6.33 EPS for the current fiscal year.

Insider Activity at SiTime

In other news, Director Torsten Kreindl sold 1,050 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $721.67, for a total transaction of $757,753.50. Following the completion of the transaction, the director directly owned 12,481 shares in the company, valued at approximately $9,007,163.27. This represents a 7.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Raman Chitkara sold 2,000 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $727.38, for a total value of $1,454,760.00. Following the completion of the transaction, the director owned 19,898 shares of the company’s stock, valued at $14,473,407.24. The trade was a 9.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 69,759 shares of company stock worth $50,046,035 in the last ninety days. Insiders own 1.40% of the company’s stock.

SiTime Company 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.