SiTime (NASDAQ:SITM) Shares Down 9.2% – Here’s What Happened

12 Mar 2026, 16:32 by Michael Walen · The Markets Daily

SiTime Corporation (NASDAQ:SITM – Get Free Report) traded down 9.2% during mid-day trading on Thursday . The company traded as low as $331.21 and last traded at $318.6270. 52,116 shares were traded during mid-day trading, a decline of 85% from the average session volume of 345,646 shares. The stock had previously closed at $350.93.

Wall Street Analyst Weigh In

A number of research firms recently commented on SITM. Needham & Company LLC boosted their price target on SiTime from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Stifel Nicolaus set a $450.00 price target on SiTime in a report on Thursday, February 5th. Barclays set a $400.00 target price on shares of SiTime in a report on Thursday, February 5th. Loop Capital started coverage on shares of SiTime in a research note on Friday, November 21st. They set a “buy” rating and a $350.00 price target on the stock. Finally, Wall Street Zen raised shares of SiTime from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $409.38.

Get Our Latest Stock Analysis on SITM

SiTime Stock Down 8.4%

The business has a 50 day moving average price of $377.06 and a 200 day moving average price of $326.80. The stock has a market cap of $8.45 billion, a P/E ratio of -177.00 and a beta of 2.53.

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

Insider Buying and Selling at SiTime

In other news, insider Fariborz Assaderaghi sold 4,984 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $406.45, for a total value of $2,025,746.80. Following the completion of the sale, the insider owned 89,194 shares in the company, valued at approximately $36,252,901.30. The trade was a 5.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Rajesh Vashist sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $369.20, for a total transaction of $738,400.00. Following the completion of the transaction, the chief executive officer directly owned 431,609 shares of the company’s stock, valued at $159,350,042.80. This trade represents a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 23,263 shares of company stock worth $9,851,457. 2.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Ariose Capital Management Ltd purchased a new stake in shares of SiTime during the third quarter worth about $2,974,000. Emerald Mutual Fund Advisers Trust grew its position in SiTime by 10.6% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 98,689 shares of the company’s stock worth $29,736,000 after purchasing an additional 9,492 shares during the last quarter. Federated Hermes Inc. increased its stake in SiTime by 25.0% during the 3rd quarter. Federated Hermes Inc. now owns 125,000 shares of the company’s stock valued at $37,664,000 after purchasing an additional 25,000 shares in the last quarter. Intech Investment Management LLC raised its holdings in shares of SiTime by 241.3% in the second quarter. Intech Investment Management LLC now owns 28,400 shares of the company’s stock worth $6,051,000 after buying an additional 20,078 shares during the last quarter. Finally, Cibc World Market Inc. purchased a new position in shares of SiTime in the third quarter worth $2,259,000. Hedge funds and other institutional investors own 84.31% of the company’s stock.

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.