SiTime (SITM)

• Market cap: $4.52B
• 1 day: -4.87%
• 5 days: -14.18%
• 1 month: 10.52%
• 3 months: 38.41%
• 6 months: 49.45%
• Year to date: 64.83%
• 1 year: 65.40%
• 5 years: 937.96%
• 10 years: 937.96%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: SiTime Corp is a provider of silicon timing systems solutions. The company designs develops and sell silicon timing systems solutions for different industries including automotive, infrastructure, aerospace-defense, consumer, internet of things, consumer and industrials. Its product offerings include Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. It sells its products around Taiwan, Hong Kong, the United States, and other regions and generates the majority of its revenue from Taiwan.

Employees: 382

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

184% more call options, than puts

Call options by funds: $15.1M | Put options by funds: $5.32M

57% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 30

45% more capital invested

Capital invested by funds: $2.42B [Q2] → $3.51B (+$1.09B) [Q3]

8% more funds holding

Funds holding: 224 [Q2] → 241 (+17) [Q3]

2.96% more ownership

Funds ownership: 85.15% [Q2] → 88.1% (+2.96%) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 86

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $90 54% downside
• Avg. target: $175 10% downside
• High target: $230 19% upside

5 analyst ratings

• positive: 3 60%
• neutral: 0 0%
• negative: 2 40%

Barclays Tom O'Malley 55% 1-year accuracy 24 / 44 met price target	33% downside $130	Underweight Maintained	8 Nov 2024
Roth MKM Suji Desilva 50% 1-year accuracy 21 / 42 met price target	19% upside $230	Buy Maintained	7 Nov 2024
Needham Quinn Bolton 40% 1-year accuracy 51 / 127 met price target	16% upside $225	Buy Maintained	7 Nov 2024
Stifel Tore Svanberg 61% 1-year accuracy 27 / 44 met price target	3% upside $200	Buy Maintained	17 Oct 2024
Barclays Tom O'Malley 55% 1-year accuracy 24 / 44 met price target	54% downside $90	Underweight Downgraded	27 Aug 2024