SiTimeSITM
Market Cap: $3.02B
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 Q2 SEC filings by fund managers ($100M+ AUM)
165% more call options, than puts
Call options by funds: $9.52M | Put options by funds: $3.59M
38% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 34
37% more capital invested
Capital invested by funds: $1.76B [Q1] → $2.41B (+$650M) [Q2]
34% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 65
6% more funds holding
Funds holding: 211 [Q1] → 224 (+13) [Q2]
2.15% more ownership
Funds ownership: 82.41% [Q1] → 84.56% (+2.15%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barclays Tom O'Malley 53% 1-year accuracy 19 / 36 met price target | 31%downside $90 | Underweight Downgraded | 27 Aug 2024 |
Barclays Tom O'Malley 53% 1-year accuracy 19 / 36 met price target | 31%downside $90 | Equal-Weight Maintained | 8 Aug 2024 |
Stifel Tore Svanberg 46% 1-year accuracy 22 / 48 met price target | 34%upside $175 | Buy Maintained | 18 Jul 2024 |
Needham Quinn Bolton 34% 1-year accuracy 44 / 130 met price target | 0%downside $130 | Buy Reiterated | 25 Jun 2024 |