Why SiTime (SITM) Stock Is Down Today

SiTime Corporation (SITM) is down 5.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be broad semiconductor weakness rather than a new company-specific setback. This could be because investors are taking profits after SiTime’s very strong run in 2026, while the chip group has been under pressure from a wider pullback in AI-related names and softer risk appetite in technology stocks.

Details:

SiTime issued a routine notice on October 7 that it will report third-quarter 2026 financial results on November 4, with no negative business update attached to that announcement.

The company’s investor materials still point back to a very strong second quarter, when revenue more than doubled year over year, leaving the stock vulnerable to profit-taking after a large advance.

Semiconductor shares broadly sold off as investors reassessed AI-linked demand expectations and rotated away from high-growth technology names.

Recent analyst tracking also shows at least one downgrade earlier this week, which may have added pressure even without a major fundamental change at the company.

Sources:

SiTime Investor Relations, SEC, AP News, Yahoo Finance

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 27 times in the past 6 months. Of those trades, 0 have been purchases and 27 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.
PIYUSH B SEVALIA (See Remarks) has made 0 purchases and 2 sales selling 3,666 shares for an estimated $1,700,891.
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.

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$SITM Hedge Fund Activity

We have seen 326 institutional investors add shares of $SITM stock to their portfolio, and 212 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 4 analysts offer price targets for $SITM in the last 6 months, with a median target of $812.5.

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
Tore Svanberg from Stifel set a target price of $500.0 on 04/16/2026

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.