SiTime Corporation $SITM Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC grew its stake in shares of SiTime Corporation (NASDAQ:SITM) by 13.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,448 shares of the company’s stock after acquiring an additional 1,688 shares during the period. Janus Henderson Group PLC owned about 0.05% of SiTime worth $4,994,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Parallel Advisors LLC increased its stake in SiTime by 26.2% in the 1st quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock valued at $27,000 after purchasing an additional 16 shares in the last quarter. Los Angeles Capital Management LLC increased its position in shares of SiTime by 0.3% in the fourth quarter. Los Angeles Capital Management LLC now owns 9,023 shares of the company’s stock valued at $3,187,000 after buying an additional 25 shares in the last quarter. CWM LLC raised its stake in shares of SiTime by 4.2% during the 4th quarter. CWM LLC now owns 951 shares of the company’s stock worth $336,000 after buying an additional 38 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of SiTime by 5.9% during the 4th quarter. Corient Private Wealth LLC now owns 703 shares of the company’s stock worth $249,000 after buying an additional 39 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its position in shares of SiTime by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 654 shares of the company’s stock worth $139,000 after buying an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 84.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Zacks Research cut shares of SiTime from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Roth Capital reissued a “buy” rating and set a $900.00 price target on shares of SiTime in a research report on Thursday, May 7th. Stifel Nicolaus upped their price objective on SiTime from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of SiTime in a research note on Friday, July 17th. Finally, Wall Street Zen upgraded SiTime from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Eight research 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. According to data from MarketBeat, SiTime has an average rating of “Moderate Buy” and a consensus target price of $688.75.

SiTime Stock Up 26.6%

SITM stock opened at $687.50 on Friday. SiTime Corporation has a 52-week low of $192.00 and a 52-week high of $901.81. The stock’s fifty day simple moving average is $636.23 and its 200-day simple moving average is $527.52. The stock has a market capitalization of $18.15 billion, a price-to-earnings ratio of 1,403.06 and a beta of 2.94.

SiTime (NASDAQ:SITM) last released its earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.39. SiTime had a return on equity of 4.86% and a net margin of 3.01%.The firm had revenue of $157.43 million for the quarter, compared to the consensus estimate of $146.46 million. During the same period in the prior year, the business posted $0.47 earnings per share. The firm’s revenue for the quarter 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, analysts anticipate that SiTime Corporation will post 3.23 earnings per share for the current fiscal year.

Insider Buying and Selling at SiTime

In related news, CEO Rajesh Vashist sold 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $701.13, for a total value of $21,033,900.00. Following the sale, the chief executive officer directly owned 402,898 shares of the company’s stock, valued at approximately $282,483,874.74. This trade represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Raman Chitkara sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $727.38, for a total transaction of $1,454,760.00. Following the completion of the sale, the director owned 19,898 shares of the company’s stock, valued at approximately $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. Over the last 90 days, insiders sold 69,709 shares of company stock worth $50,230,546. 1.40% of the stock is currently owned by insiders.

More SiTime News

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q2 results exceeded expectations: SiTime reported adjusted EPS of $2.34, ahead of the roughly $1.95 consensus, while revenue rose 126.5% year over year to $157.4 million, surpassing estimates of approximately $146.5 million. SiTime Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Q3 outlook dramatically topped forecasts: Management guided for $285 million-$295 million in revenue and EPS of $3.50-$3.65, well above consensus expectations of approximately $163.8 million and $1.90, respectively. The outlook reflects stronger orders, higher timing content and improving visibility into 2027. SiTime Q2 Earnings Beat Estimates, Revenues Increase Year over Year
• Positive Sentiment: AI and data-center demand are supporting growth: The earnings call highlighted AI infrastructure and time-sensitive networking, or TPD, as key drivers of the expected revenue acceleration. Growth in connected electronic devices and the company’s Renesas relationship also strengthened the forward outlook. SITM Q2 Earnings Call Points to AI Growth and TPD Upside
• Positive Sentiment: Analyst support added momentum: Needham raised its SiTime price target from $850 to $900 and maintained a Buy rating, signaling confidence that the earnings outlook could justify additional upside. SiTime Price Target Raised at Needham
• Neutral Sentiment: SiTime also benefited from a broader rebound in semiconductor stocks, although its elevated valuation—with a reported P/E ratio above 277—leaves the shares sensitive to any slowdown in AI-related demand or failure to meet the aggressive guidance.

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.