Vontobel Holding Ltd. Buys New Holdings in SiTime Corporation $SITM

Vontobel Holding Ltd. purchased a new stake in SiTime Corporation (NASDAQ:SITM) in the third quarter, according to its most recent filing with the SEC. The fund purchased 1,695 shares of the company’s stock, valued at approximately $1,105,000.

A number of other institutional investors have also made changes to their positions in the company. V Square Quantitative Management LLC acquired a new stake in shares of SiTime during the 3rd quarter valued at approximately $35,000. Gunderson Capital Management LLC bought a new position in SiTime during the third quarter worth $332,000. Hudock Inc. lifted its stake in SiTime by 79.6% during the third quarter. Hudock Inc. now owns 853 shares of the company’s stock worth $556,000 after purchasing an additional 378 shares during the last quarter. Lodestone Wealth Management LLC boosted its holdings in SiTime by 10.5% in the third quarter. Lodestone Wealth Management LLC now owns 503 shares of the company’s stock worth $328,000 after purchasing an additional 48 shares during the period. Finally, Clay Northam Wealth Management LLC acquired a new position in SiTime in the third quarter worth $319,000. 84.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Weiss Ratings upgraded shares of SiTime from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Needham & Company LLC increased their target price on shares of SiTime from $850.00 to $900.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. UBS Group raised their price target on shares of SiTime from $775.00 to $840.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Benchmark began coverage on shares of SiTime in a report on Wednesday, August 19th. They issued a “buy” rating and a $850.00 price target for the company. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $900.00 price target on shares of SiTime in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $717.78.

SiTime Stock Up 5.0%

NASDAQ:SITM opened at $495.75 on Tuesday. The firm has a market capitalization of $14.91 billion, a PE ratio of 240.89 and a beta of 2.88. The stock has a 50 day moving average of $614.89 and a 200-day moving average of $617.37. SiTime Corporation has a 52 week low of $243.68 and a 52 week high of $901.81. The company has a current ratio of 19.44, a quick ratio of 18.50 and a debt-to-equity ratio of 1.29.

SiTime (NASDAQ:SITM) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.39. The business had revenue of $157.43 million for the quarter, compared to the consensus estimate of $146.46 million. SiTime had a return on equity of 4.99% and a net margin of 3.01%. The business’s revenue was up 126.5% on a year-over-year basis. During the same quarter last year, the business posted $0.47 EPS. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Analysts predict that SiTime Corporation will post 6.37 EPS for the current year.

Insider Activity

In related news, Director Torsten Kreindl sold 1,050 shares of the company’s stock in a transaction on Friday, August 7th. The stock was 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 $9,007,163.27. This represents a 7.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Katherine Schuelke sold 500 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $698.05, for a total value of $349,025.00. Following the completion of the sale, the director directly owned 12,010 shares in the company, valued at $8,383,580.50. This represents a 4.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 15,924 shares of company stock worth $10,056,661 over the last 90 days. Insiders own 1.40% of the company’s stock.

SiTime Company Profile

SiTime Corporation (NASDAQ: SITM) develops and supplies precision timing solutions for electronic systems. Its products are designed to generate, distribute and maintain accurate timing signals, which help connected devices and infrastructure operate reliably and efficiently.

The company’s portfolio includes silicon MEMS-based resonators and oscillators, clock generators, clock synchronizers, jitter attenuators and other timing components. These products are used in applications such as data centers, telecommunications and networking equipment, automotive systems, industrial machinery, aerospace and defense electronics, and consumer devices.

SiTime’s technology is intended to address demanding requirements for frequency stability, signal integrity, power efficiency and resilience in challenging operating environments.