SiTime Corporation (SITM) is up 6.2% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver appears to be a broader rebound in AI and semiconductor shares rather than a fresh company-specific announcement today. SiTime also has a strong recent fundamental backdrop, with investors still weighing its completed Renesas timing-business acquisition, sharp revenue growth, and an upcoming November 4 earnings report.
Details:
Sources:
SiTime, SEC, AP News
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$SITM Insider Trading Activity
$SITM insiders have traded $SITM stock on the open market 25 times in the past 6 months. Of those trades, 0 have been purchases and 25 have been sales.
Here’s a breakdown of recent trading of $SITM stock by insiders over the last 6 months:
- CORP /FI MEGACHIPS sold 400,000 shares for an estimated $311,800,000
- RAJESH VASHIST (Chief Executive Officer) has made 0 purchases and 5 sales selling 72,000 shares for an estimated $50,289,840.
- FARIBORZ ASSADERAGHI (See Remarks) has made 0 purchases and 6 sales selling 6,583 shares for an estimated $4,696,133.
- VINCENT P PANGRAZIO (See Remarks) has made 0 purchases and 2 sales selling 5,000 shares for an estimated $3,325,640.
- LIONEL BONNOT (See Remarks) has made 0 purchases and 3 sales selling 3,000 shares for an estimated $2,155,510.
- RAMAN CHITKARA sold 2,000 shares for an estimated $1,454,760
- AKIRA TAKATA sold 1,500 shares for an estimated $1,291,290
- TORSTEN KREINDL has made 0 purchases and 3 sales selling 1,760 shares for an estimated $1,268,950.
- CHRISTINE HECKART sold 1,290 shares for an estimated $903,000
- EDWARD H. FRANK sold 1,000 shares for an estimated $745,000
- KATHERINE SCHUELKE sold 500 shares for an estimated $349,025
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SITM Hedge Fund Activity
We have seen 333 institutional investors add shares of $SITM stock to their portfolio, and 217 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 645,930 shares (+13905.9%) to their portfolio in Q2 2026, for an estimated $481,579,570
- BLACKROCK, INC. removed 490,670 shares (-17.0%) from their portfolio in Q2 2026, for an estimated $365,823,925
- PRICE T ROWE ASSOCIATES INC /MD/ removed 361,257 shares (-52.8%) from their portfolio in Q2 2026, for an estimated $269,338,768
- JPMORGAN CHASE & CO added 355,910 shares (+inf%) to their portfolio in Q2 2026, for an estimated $265,352,259
- ARTISAN PARTNERS LIMITED PARTNERSHIP added 289,116 shares (+147.5%) to their portfolio in Q2 2026, for an estimated $215,553,324
- JANE STREET GROUP, LLC added 235,361 shares (+133.1%) to their portfolio in Q2 2026, for an estimated $175,475,747
- AMERIPRISE FINANCIAL INC removed 207,618 shares (-44.5%) from their portfolio in Q2 2026, for an estimated $154,791,676
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SITM Price Targets
Multiple analysts have issued price targets for $SITM recently. We have seen 3 analysts offer price targets for $SITM in the last 6 months, with a median target of $850.0.
Here are some recent targets:
- N. Quinn Bolton from Needham set a target price of $850.0 on 05/07/2026
- Tom O'Malley from Barclays set a target price of $850.0 on 05/07/2026
- Timothy Arcuri from UBS set a target price of $775.0 on 05/07/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
