On Tuesday, 30th May, 910 shares were sold in an exchange. The stock was bought at an average of $100.36 for a total of $91,327.60. After the completion of this transaction, the director owns 16,006 company shares valued at $1,606,362.16. This link
Katherine Schuelke made the following recent trades:
Katherine Schuelke, on Thursday, 9th March, sold 1,000 shares in SiTime. The stock was bought at an average of $131.32 for a total of $131.320.00.
Trading on Thursday saw a gain of $3.70, bringing the total to $102.87. The company's shares changed hands 248,914 times, as opposed to the average of 287,958. SiTime Co.'s 12 month low is $73.10, and its 12 month high is $234.89. The company's 50-day moving median is $111.18, and its 200-day moving medium is $112.74.
Wall Street analysts forecast growth
Recent comments from several equity research analysts on SITM's shares. Roth Capital raised their target price for shares of SiTime in a report published on February 1st from $125.00 up to $150.00. They also gave the stock an 'buy rating'. TheStreet upgraded shares of SiTime to a "d+" rating from a "c" rating in a report published on Wednesday, May 3. Stifel Nicolaus reduced their target price for shares of SiTime in a report published on Thursday, 5th May from $140.00 down to $126.00. Barclays downgraded SiTime shares from 'overweight to 'equal-weight' and dropped the target price from $135.00 per share to $88.00 per share in a report published on Friday, 5th May. Raymond James raised their price target on shares of SiTime to $130.00 in a report published on Thursday, 2nd February. The company was also given an "outperform" rating. Three analysts gave the stock a buy recommendation, while two research analysts rated it as a hold. MarketBeat.com data shows that SiTime's average rating is 'Moderate' Buy with an average price target of $129.83.
Inflows of Institutional Capital and Outflows
Hedge funds and institutional investors have bought and sold the shares of this company recently. Macquarie Group Ltd. purchased a new SiTime position worth approximately $50,000 in the first quarter. Quadrant Capital Group, LLC increased its holdings in SiTime in the fourth quarter by 3084%. Quadrant Capital group LLC owns 388 of the company's shares worth $39,000, after buying an additional 293 during the last quarter. Covestor Ltd increased its holdings in SiTime in the first quarter by 14,500.0%. Covestor Ltd owns 438 of the company stock, worth $109,000, after buying 435 additional shares in the last quarter. Point72 Hong Kong Ltd purchased a new share of SiTime worth about $129,000 in the first quarter. FourThought Financial LLC increased its stake in SiTime shares by 34.3% during the third quarter. FourThought Financial LLC owns 658 of the company stock, worth $52,000. This is after adding 168 additional shares. 74.96% is owned by institutional investors.
SiTime Corporation is a Taiwan-based company that designs, develops and sells silicon time systems in Taiwan, Hong Kong and the United States. The company offers resonators, clock integrated circuits and different types of oscillators. The company's solutions are used in a variety of markets including automotive, industrial and Internet of Things.
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