TimesSquare Capital Management LLC Acquires 107,980 Shares of SiTime Corporation $SITM

TimesSquare Capital Management LLC boosted its holdings in SiTime Corporation (NASDAQ:SITM) by 455.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 131,700 shares of the company’s stock after purchasing an additional 107,980 shares during the quarter. TimesSquare Capital Management LLC owned about 0.51% of SiTime worth $39,683,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. grew its stake in shares of SiTime by 190.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 90 shares of the company’s stock worth $27,000 after buying an additional 59 shares during the last quarter. Salomon & Ludwin LLC purchased a new position in SiTime during the third quarter valued at $47,000. Global Retirement Partners LLC boosted its holdings in SiTime by 3,220.0% in the third quarter. Global Retirement Partners LLC now owns 166 shares of the company’s stock worth $50,000 after acquiring an additional 161 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of SiTime by 33.6% in the first quarter. Advisors Asset Management Inc. now owns 350 shares of the company’s stock worth $54,000 after acquiring an additional 88 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of SiTime by 27.4% during the third quarter. Bessemer Group Inc. now owns 186 shares of the company’s stock valued at $55,000 after acquiring an additional 40 shares in the last quarter. 84.31% of the stock is currently owned by hedge funds and other institutional investors.

Key SiTime News

Here are the key news stories impacting SiTime this week:

• Positive Sentiment: Q4 beat and strong revenue growth — SiTime reported $1.53 EPS vs. $1.20 expected and revenue of $113.3M (up ~66% YoY), providing a clear near‑term fundamental tailwind. Earnings & data
• Positive Sentiment: Analyst support — multiple brokerages have Buy/Outperform calls and raised targets (UBS, Needham, Stifel, Barclays among them), giving a consensus “Moderate Buy” and average target near $409, which supports longer‑term upside. Analyst coverage
• Neutral Sentiment: High institutional ownership and momentum — institutions hold ~84% of shares and the stock has traded near 52‑week highs, which can amplify moves in either direction. Ownership data
• Neutral Sentiment: Business exposure — SiTime’s MEMS timing products serve telecom, data center, automotive and industrial markets (structurally attractive but still cyclical with semiconductor demand). Company profile
• Negative Sentiment: Large insider sale by Samsheer Ahamad — sold 9,100 shares (~$4.02M) on Feb 11, a ~14.7% reduction in his stake; sizable single‑day sellings often weigh on sentiment. Insider sale
• Negative Sentiment: Additional insider/director selling — Director sale reported at ~$1.51M plus Fariborz Assaderaghi sold 2,112 shares (~$904k) and 500 shares (~$208k) across Feb 10–11; multiple Form 4s increase near‑term selling pressure and may raise investor questions. Director sale SEC filing

Insider Buying and Selling at SiTime

In other news, insider Samsheer Ahamad sold 9,100 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $441.47, for a total value of $4,017,377.00. Following the transaction, the insider owned 52,938 shares of the company’s stock, valued at $23,370,538.86. This trade represents a 14.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction of $1,511,055.00. Following the sale, the director owned 13,734 shares in the company, valued at approximately $5,929,379.82. The trade was a 20.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 24,712 shares of company stock valued at $9,562,777 over the last three months. Insiders own 2.10% of the company’s stock.

SiTime Stock Down 0.7%

Shares of SITM stock opened at $420.23 on Friday. The company has a 50 day moving average price of $369.02 and a 200-day moving average price of $304.22. SiTime Corporation has a 52 week low of $105.40 and a 52 week high of $446.95. The firm has a market capitalization of $11.05 billion, a PE ratio of -230.90 and a beta of 2.51.

SiTime (NASDAQ:SITM) last issued its earnings results on Wednesday, February 4th. The company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.33. The company had revenue of $113.29 million for the quarter, compared to analysts’ expectations of $101.91 million. SiTime had a negative net margin of 13.13% and a negative return on equity of 2.06%. The firm’s quarterly revenue was up 66.3% on a year-over-year basis. During the same quarter last year, the company posted $0.48 earnings per share. Analysts anticipate that SiTime Corporation will post -2.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Barclays set a $400.00 price target on shares of SiTime in a research note on Thursday, February 5th. The Goldman Sachs Group started coverage on shares of SiTime in a research note on Monday, December 15th. They issued a “buy” rating and a $420.00 target price on the stock. Loop Capital assumed coverage on shares of SiTime in a research report on Friday, November 21st. They set a “buy” rating and a $350.00 price target for the company. UBS Group boosted their price objective on shares of SiTime from $430.00 to $485.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Roth Mkm reiterated a “buy” rating and set a $450.00 target price on shares of SiTime in a research note on Thursday, February 5th. Seven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, SiTime currently has an average rating of “Moderate Buy” and a consensus target price 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.