GAMMA Investing LLC Sells 870 Shares of SiTime Corporation $SITM

GAMMA Investing LLC trimmed its holdings in SiTime Corporation (NASDAQ:SITM) by 37.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,481 shares of the company’s stock after selling 870 shares during the period. GAMMA Investing LLC’s holdings in SiTime were worth $1,104,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Royal Bank of Canada grew its position in shares of SiTime by 12.5% during the first quarter. Royal Bank of Canada now owns 4,411 shares of the company’s stock worth $675,000 after purchasing an additional 491 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in SiTime by 33.6% in the 1st quarter. Advisors Asset Management Inc. now owns 350 shares of the company’s stock worth $54,000 after purchasing an additional 88 shares in the last quarter. AQR Capital Management LLC lifted its holdings in SiTime by 310.8% in the 1st quarter. AQR Capital Management LLC now owns 10,754 shares of the company’s stock worth $1,557,000 after purchasing an additional 8,136 shares in the last quarter. Intech Investment Management LLC boosted its stake in SiTime by 21.6% in the 1st quarter. Intech Investment Management LLC now owns 8,322 shares of the company’s stock worth $1,272,000 after purchasing an additional 1,477 shares during the period. Finally, M&T Bank Corp bought a new position in SiTime in the 2nd quarter worth approximately $240,000. Institutional investors own 84.31% of the company’s stock.

More SiTime News

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: SiTime reported second-quarter adjusted earnings of $2.34 per share, above estimates of approximately $1.93–$1.95, while revenue rose 126.5% year over year to $157.4 million, exceeding expectations of about $146.5 million. SiTime Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company issued significantly stronger third-quarter guidance, calling for revenue of $285 million to $295 million and EPS of $3.50 to $3.65, well above consensus revenue of roughly $163.8 million and EPS of $1.90. SiTime Q2 Earnings Beat Estimates, Revenues Increase Year Over Year
• Positive Sentiment: Management highlighted accelerating demand for timing products in AI infrastructure and timing performance devices, with higher content per system, longer customer orders, and improving visibility into 2027. A Renesas relationship was also cited as supporting the outlook. SITM Q2 Earnings Call Points to AI Growth and TPD Upside
• Positive Sentiment: Needham raised its SiTime price target from $850 to $900 and maintained a Buy rating, reinforcing bullish analyst sentiment following the results. SiTime Price Target Raised at Needham
• Neutral Sentiment: SITM also benefited from a broader recovery in chip stocks, which may have amplified the positive reaction beyond the company-specific earnings catalysts. MACOM, SiTime Jump as Chip Stocks Stage Comeback

SiTime Stock Performance

NASDAQ:SITM opened at $725.28 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 19.44 and a quick ratio of 11.28. SiTime Corporation has a 1 year low of $195.75 and a 1 year high of $901.81. The stock’s 50 day simple moving average is $636.53 and its two-hundred day simple moving average is $528.90. The company has a market cap of $19.15 billion, a price-to-earnings ratio of 1,480.16 and a beta of 2.94.

SiTime (NASDAQ:SITM) last posted its earnings results on Wednesday, August 5th. The company reported $2.34 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.39. SiTime had a return on equity of 4.99% and a net margin of 3.01%.The firm had revenue of $157.43 million during the quarter, compared to the consensus estimate of $146.46 million. During the same period in the prior year, the company earned $0.47 EPS. The company’s quarterly revenue was up 126.5% compared to the same quarter last year. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. As a group, equities analysts anticipate that SiTime Corporation will post 3.23 earnings per share for the current fiscal year.

Insider Activity at SiTime

In other SiTime news, insider Fariborz Assaderaghi sold 1,000 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $702.90, for a total transaction of $702,900.00. Following the completion of the transaction, the insider owned 78,936 shares in the company, valued at $55,484,114.40. This trade represents a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Raman Chitkara sold 2,000 shares of SiTime stock in a transaction on 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 completion of the transaction, the director directly 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. 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 69,709 shares of company stock valued at $50,230,546 over the last quarter. 1.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Barclays raised shares of SiTime from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $400.00 to $850.00 in a report on Thursday, May 7th. Needham & Company LLC upped their target price on shares of SiTime from $850.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday. Stifel Nicolaus raised their target price on shares of SiTime from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Wall Street Zen upgraded shares of SiTime from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, UBS Group lifted their price target on shares of SiTime from $775.00 to $840.00 and gave the company a “buy” rating in a report on Thursday. Eight analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $688.75.

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.