Susquehanna Fundamental Investments LLC Makes New $4.09 Million Investment in SiTime Corporation $SITM

Susquehanna Fundamental Investments LLC bought a new position in shares of SiTime Corporation (NASDAQ:SITM) in the second quarter, HoldingsChannel reports. The institutional investor bought 5,480 shares of the company’s stock, valued at approximately $4,086,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Principal Financial Group Inc. grew its position in shares of SiTime by 3.9% during the 4th quarter. Principal Financial Group Inc. now owns 363,953 shares of the company’s stock worth $128,545,000 after purchasing an additional 13,577 shares in the last quarter. Tairen Capital Ltd acquired a new stake in shares of SiTime in the second quarter valued at approximately $9,320,000. Stephens Investment Management Group LLC bought a new stake in shares of SiTime in the first quarter valued at approximately $24,135,000. Rockefeller Capital Management L.P. boosted its stake in shares of SiTime by 1,368.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,259 shares of the company’s stock valued at $1,151,000 after buying an additional 3,037 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of SiTime by 13.2% in the first quarter. Janus Henderson Group PLC now owns 14,448 shares of the company’s stock valued at $4,994,000 after buying an additional 1,688 shares during the period. Institutional investors and hedge funds own 84.31% of the company’s stock.

Insider Buying and Selling

In related news, Director Torsten Kreindl sold 1,050 shares of SiTime stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $721.67, for a total transaction of $757,753.50. Following the sale, the director directly owned 12,481 shares of the company’s stock, valued at approximately $9,007,163.27. The trade was a 7.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $745.00, for a total transaction of $745,000.00. Following the transaction, the director owned 10,999 shares of the company’s stock, valued at approximately $8,194,255. This represents a 8.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 65,550 shares of company stock worth $47,057,638 in the last quarter. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Roth Capital restated a “buy” rating and set a $900.00 price objective on shares of SiTime in a research note on Thursday, May 7th. Zacks Research upgraded SiTime from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. UBS Group increased their target price on SiTime from $775.00 to $840.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Wall Street Zen upgraded SiTime from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Finally, Barclays raised SiTime from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $400.00 to $850.00 in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, SiTime currently has an average rating of “Buy” and a consensus target price of $761.25.

SiTime Stock Performance

Shares of NASDAQ:SITM opened at $565.42 on Tuesday. The company’s 50 day simple moving average is $617.09 and its 200 day simple moving average is $559.73. The stock has a market capitalization of $17.00 billion, a price-to-earnings ratio of 1,153.92 and a beta of 2.94. The company has a debt-to-equity ratio of 1.29, a current ratio of 19.44 and a quick ratio of 18.50. SiTime Corporation has a 1 year low of $222.12 and a 1 year high of $901.81.

SiTime (NASDAQ:SITM) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.34 EPS for the quarter, beating the consensus estimate of $1.95 by $0.39. SiTime had a net margin of 3.01% and a return on equity of 4.99%. The business had revenue of $157.43 million during the quarter, compared to the consensus estimate of $146.46 million. During the same period in the previous year, the business earned $0.47 earnings per share. The company’s revenue was up 126.5% on a year-over-year basis. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. As a group, research analysts predict that SiTime Corporation will post 6.33 EPS for the current fiscal year.

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.