SiTime (NASDAQ:SITM – Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.850-2.000 for the period, compared to the consensus estimate of 0.980. The company issued revenue guidance of $140.0 million-$150.0 million, compared to the consensus revenue estimate of $112.1 million.
SiTime Stock Performance
Shares of SiTime stock opened at $623.33 on Thursday. SiTime has a 1 year low of $158.63 and a 1 year high of $627.00. The firm’s 50-day simple moving average is $414.68 and its 200-day simple moving average is $366.95. The firm has a market cap of $16.46 billion, a PE ratio of -342.49 and a beta of 2.91.
SiTime (NASDAQ:SITM – Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.33. The business had revenue of $113.29 million during the quarter, compared to the consensus estimate of $101.91 million. SiTime had a negative return on equity of 2.06% and a negative net margin of 13.13%.The company’s revenue for the quarter was up 66.3% compared to the same quarter last year. During the same period last year, the firm earned $0.48 earnings per share. On average, equities analysts predict that SiTime will post 1.31 earnings per share for the current year.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on SITM
Insider Activity at SiTime
In other news, insider Piyush B. Sevalia sold 2,419 shares of the stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $484.05, for a total transaction of $1,170,916.95. Following the sale, the insider directly owned 84,250 shares in the company, valued at approximately $40,781,212.50. This represents a 2.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Akira Takata sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $431.73, for a total value of $1,511,055.00. Following the completion of the sale, the director directly owned 13,734 shares in the company, valued at approximately $5,929,379.82. This trade represents a 20.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 26,178 shares of company stock valued at $11,282,324. 1.40% of the stock is owned by insiders.
Hedge Funds Weigh In On SiTime
Institutional investors have recently modified their holdings of the company. Larson Financial Group LLC increased its holdings in shares of SiTime by 3,200.0% in the 3rd quarter. Larson Financial Group LLC now owns 99 shares of the company’s stock worth $30,000 after acquiring an additional 96 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in SiTime during the 4th quarter valued at about $33,000. Advisors Asset Management Inc. boosted its stake in SiTime by 33.6% during the 1st quarter. Advisors Asset Management Inc. now owns 350 shares of the company’s stock valued at $54,000 after purchasing an additional 88 shares during the period. State of Wyoming bought a new position in SiTime in the 2nd quarter worth about $58,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of SiTime in the third quarter valued at approximately $71,000. Institutional investors own 84.31% 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.
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