Trillium Asset Management LLC Makes New $11.60 Million Investment in SiTime Corporation $SITM

Trillium Asset Management LLC acquired a new stake in SiTime Corporation (NASDAQ:SITM) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 15,560 shares of the company’s stock, valued at approximately $11,601,000.

Several other hedge funds have also recently bought and sold shares of the stock. Parallel Advisors LLC boosted its holdings in shares of SiTime by 26.2% in the first quarter. Parallel Advisors LLC now owns 77 shares of the company’s stock valued at $27,000 after buying an additional 16 shares during the period. Los Angeles Capital Management LLC raised its holdings in shares of SiTime by 0.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 9,023 shares of the company’s stock worth $3,187,000 after acquiring an additional 25 shares during the period. CWM LLC raised its holdings in shares of SiTime by 4.2% during the fourth quarter. CWM LLC now owns 951 shares of the company’s stock worth $336,000 after acquiring an additional 38 shares during the period. Corient Private Wealth LLC lifted its position in SiTime by 5.9% in the 4th quarter. Corient Private Wealth LLC now owns 703 shares of the company’s stock valued at $249,000 after acquiring an additional 39 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its position in SiTime by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 654 shares of the company’s stock valued at $139,000 after acquiring an additional 47 shares in the last quarter. 84.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Benchmark assumed coverage on SiTime in a report on Wednesday. They set a “buy” rating and a $850.00 target price for the company. Roth Capital restated a “buy” rating and issued a $900.00 price target on shares of SiTime in a report on Thursday, May 7th. Zacks Research raised SiTime from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. The Goldman Sachs Group reiterated a “buy” rating and set a $900.00 price objective on shares of SiTime in a report on Thursday, August 6th. Finally, UBS Group increased their price objective on SiTime from $775.00 to $840.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $706.67.

SiTime Stock Performance

Shares of SITM opened at $598.81 on Friday. The stock has a market capitalization of $18.01 billion, a price-to-earnings ratio of 1,222.06 and a beta of 2.94. SiTime Corporation has a 12 month low of $217.64 and a 12 month high of $901.81. The firm has a fifty day simple moving average of $635.80 and a 200 day simple moving average of $550.04. 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 issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.34 earnings per share (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 firm had revenue of $157.43 million for the quarter, compared to analyst estimates of $146.46 million. During the same period in the previous year, the business earned $0.47 EPS. The company’s revenue was up 126.5% compared to the same quarter last year. SiTime has set its Q3 2026 guidance at 3.500-3.650 EPS. Research analysts forecast that SiTime Corporation will post 6.33 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Fariborz Assaderaghi sold 1,500 shares of SiTime stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $712.72, for a total value of $1,069,080.00. Following the sale, the insider owned 79,936 shares of the company’s stock, valued at approximately $56,971,985.92. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Raman Chitkara sold 2,000 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $727.38, for a total value of $1,454,760.00. Following the sale, the director owned 19,898 shares in the company, valued at $14,473,407.24. The trade was a 9.13% decrease in their position. 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. Insiders have sold 68,340 shares of company stock worth $49,029,718 over the last three months. Company insiders own 1.40% of the company’s stock.

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.