1,673 Shares in SiTime Corporation $SITM Bought by Penserra Capital Management LLC

Penserra Capital Management LLC acquired a new stake in SiTime Corporation (NASDAQ:SITM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,673 shares of the company’s stock, valued at approximately $504,000.

Other hedge funds also recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in 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 acquiring an additional 491 shares during the period. Advisors Asset Management Inc. grew its position in shares of SiTime by 33.6% in the first 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. AQR Capital Management LLC increased its position in SiTime by 310.8% during the first 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 during the last quarter. Intech Investment Management LLC boosted its holdings in SiTime by 21.6% in the first quarter. Intech Investment Management LLC now owns 8,322 shares of the company’s stock valued at $1,272,000 after acquiring an additional 1,477 shares during the last quarter. Finally, Maryland State Retirement & Pension System grew its holdings in shares of SiTime by 10.0% during the 2nd quarter. Maryland State Retirement & Pension System now owns 6,138 shares of the company’s stock worth $1,308,000 after purchasing an additional 560 shares during the period. Institutional investors and hedge funds own 84.31% of the company’s stock.

SiTime Stock Up 2.0%

Shares of SITM opened at $418.69 on Monday. SiTime Corporation has a 12-month low of $105.40 and a 12-month high of $440.00. The firm has a market capitalization of $10.93 billion, a PE ratio of -230.05 and a beta of 2.51. The stock’s fifty day simple moving average is $359.69 and its 200-day simple moving average is $296.93.

SiTime (NASDAQ:SITM) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.33. SiTime had a negative return on equity of 2.06% and a negative net margin of 13.13%.The company had revenue of $113.28 million during the quarter, compared to analysts’ expectations of $101.91 million. During the same period in the prior year, the business posted $0.48 EPS. SiTime’s revenue was up 66.3% on a year-over-year basis. Analysts anticipate that SiTime Corporation will post -2.44 EPS for the current year.

Trending Headlines about SiTime

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q4 results materially beat expectations — EPS $1.53 vs. consensus $1.20 and revenue $113.3M (+66% y/y), driving confidence in near‑term demand and growth. SiTime Q4 beat
• Positive Sentiment: SiTime agreed to acquire Renesas’ timing business for ~$1.5B — the deal expands addressable market and underpins management’s $1B revenue vision and a projected ~70% gross‑margin uplift if cost synergies and product cross‑sell materialize. Acquisition announcement Vision & margins
• Positive Sentiment: Analyst support: Needham raised its price target to $450 and kept a Buy rating, signaling additional analyst conviction that could attract buyers. Price target raise
• Neutral Sentiment: Management commentary highlights upside potential: CEO said SiTime tech could eventually be used in “billions” of Renesas chips — promising but dependent on product qualification and ramp. CEO remarks
• Neutral Sentiment: Earnings call materials and transcripts are available for investor due diligence — useful for details on integration plans and margin guidance. Earnings presentation Call transcript
• Negative Sentiment: Deal and execution risks: the $1.5B acquisition is large relative to market cap and execution/integration risk could weigh on cash flow, margins and near‑term returns; the company still shows negative net margin and analysts expect negative EPS for the current year, so investor gains hinge on successful integration and margin delivery. Deal size & risks

Insiders Place Their Bets

In other SiTime news, insider Samsheer Ahamad sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $291.10, for a total transaction of $1,164,400.00. Following the completion of the sale, the insider directly owned 51,711 shares in the company, valued at $15,053,072.10. This trade represents a 7.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Fariborz Assaderaghi sold 1,500 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $291.58, for a total transaction of $437,370.00. Following the transaction, the insider owned 84,815 shares in the company, valued at approximately $24,730,357.70. The trade was a 1.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 9,500 shares of company stock valued at $2,922,210. 2.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on SITM shares. Loop Capital began coverage on shares of SiTime in a report on Friday, November 21st. They set a “buy” rating and a $350.00 target price on the stock. Barclays set a $400.00 target price on shares of SiTime in a research note on Thursday. The Goldman Sachs Group initiated coverage on shares of SiTime in a report on Monday, December 15th. They issued a “buy” rating and a $420.00 price objective for the company. Needham & Company LLC upped their price target on SiTime from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Stifel Nicolaus set a $450.00 target price on shares of SiTime in a research note on Thursday. Seven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $409.38.

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.