Rhumbline Advisers lifted its holdings in SiTime Co. (NASDAQ:SITM – Loose File) by way of 1.1% within the first quarter, consistent with the corporate in its most up-to-date disclosure with the Securities & Change Fee. The company owned 51,327 stocks of the corporate’s inventory after obtaining an extra 570 stocks right through the length. Rhumbline Advisers owned 0.23% of SiTime price $7,300,000 on the finish of the newest reporting length.

Various different hedge finances have additionally not too long ago made adjustments to their positions in SITM. Raymond James Monetary Services and products Advisors Inc. boosted its stake in stocks of SiTime by way of 87.8% within the first quarter. Raymond James Monetary Services and products Advisors Inc. now owns 6,084 stocks of the corporate’s inventory price $1,508,000 after obtaining an extra 2,844 stocks right through the length. US Bancorp DE boosted its stake in stocks of SiTime by way of 94.4% within the first quarter. US Bancorp DE now owns 933 stocks of the corporate’s inventory price $231,000 after obtaining an extra 453 stocks right through the length. Non-public Guide Crew LLC purchased a brand new place in stocks of SiTime within the first quarter price about $290,000. PNC Monetary Services and products Crew Inc. boosted its stake in stocks of SiTime by way of 191.2% within the first quarter. PNC Monetary Services and products Crew Inc. now owns 1,095 stocks of the corporate’s inventory price $270,000 after obtaining an extra 719 stocks right through the length. In the end, Financial institution of Montreal Can boosted its stake in SiTime by way of 2,115.2% right through the primary quarter. Financial institution of Montreal Can now owns 23,370 stocks of the corporate’s inventory valued at $6,100,000 after purchasing an extra 22,315 stocks right through the ultimate quarter. Institutional traders personal 84.31% of the corporate’s inventory.

Wall Boulevard Analysts Forecast Enlargement

Various equities analysts not too long ago commented at the corporate. Barclays higher their value goal on SiTime from $88.00 to $110.00 in a analysis be aware on Thursday, July twentieth. Raymond James higher their value goal on SiTime from $130.00 to $145.00 and gave the corporate an “outperform” score in a analysis be aware on Thursday, August third. Stifel Nicolaus higher their value goal on SiTime from $126.00 to $140.00 and gave the corporate a “purchase” score in a analysis be aware on Thursday, July twentieth. In the end, Wolfe Analysis assumed protection on SiTime in a analysis be aware on Wednesday, July nineteenth. They set an “outperform” score and a $160.00 value goal for the corporate. Two funding analysts have rated the inventory with a grasp score and 5 have assigned a purchase score to the inventory. Consistent with MarketBeat, the corporate these days has a median score of “Average Purchase” and a consensus goal value of $141.43.

View Our Newest Analysis File on SiTime

SiTime Value Efficiency

Stocks of SITM inventory opened at $130.51 on Wednesday. SiTime Co. has a 1 12 months low of $73.10 and a 1 12 months prime of $142.88. The inventory’s 50 day easy shifting reasonable is $127.10 and its two-hundred day easy shifting reasonable is $119.78. The corporate has a marketplace cap of $2.90 billion, a PE ratio of -75.01 and a beta of one.86.

SiTime (NASDAQ:SITM – Get Loose File) ultimate issued its quarterly income information on Wednesday, August 2d. The corporate reported ($1.17) income consistent with proportion (EPS) for the quarter, lacking analysts’ consensus estimates of ($0.99) by way of ($0.18). SiTime had a damaging web margin of nineteen.08% and a damaging go back on fairness of five.40%. The corporate had earnings of $27.73 million for the quarter, in comparison to analysts’ expectancies of $26.51 million. Equities analysis analysts be expecting that SiTime Co. will submit -3.12 EPS for the present 12 months.

Insider Transactions at SiTime

In different SiTime information, CFO Arthur D. Chadwick offered 11,465 stocks of the inventory in a transaction on Friday, August 4th. The inventory used to be offered at a median value of $137.58, for a complete transaction of $1,577,354.70. Following the sale, the executive monetary officer now owns 49,060 stocks of the corporate’s inventory, valued at roughly $6,749,674.80. The sale used to be disclosed in a prison submitting with the Securities & Change Fee, which may also be accessed thru this link. In different information, EVP Piyush B. Sevalia offered 579 stocks of the company’s inventory in a transaction on Thursday, July thirteenth. The inventory used to be offered at a median value of $130.00, for a complete price of $75,270.00. Following the of entirety of the sale, the chief vp now owns 90,764 stocks of the corporate’s inventory, valued at roughly $11,799,320. The transaction used to be disclosed in a prison submitting with the Securities & Change Fee, which may also be accessed thru the SEC site. Additionally, CFO Arthur D. Chadwick offered 11,465 stocks of the company’s inventory in a transaction on Friday, August 4th. The inventory used to be offered at a median value of $137.58, for a complete price of $1,577,354.70. Following the of entirety of the sale, the executive monetary officer now at once owns 49,060 stocks of the corporate’s inventory, valued at roughly $6,749,674.80. The disclosure for this sale may also be discovered right here. During the last 3 months, insiders have offered 35,024 stocks of corporate inventory price $4,604,499. 1.60% of the inventory is these days owned by way of corporate insiders.

SiTime Profile

(Loose File)

SiTime Company designs, develops, and sells silicon timing programs answers in Taiwan, Hong Kong, the USA, and the world over. The corporate supplies resonators and clock built-in circuits, and quite a lot of forms of oscillators. Its answers have programs in quite a lot of markets, together with communications and endeavor, car, commercial, Web of Issues, cell, shopper, and aerospace and protection.

Additional Studying

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