SiTime (SITM)

• Market cap: $5.86B
• 1 day: 3.31%
• 5 days: 11.91%
• 1 month: 1.01%
• 3 months: 45.07%
• 6 months: 59.73%
• Year to date: 12.24%
• 1 year: 118.42%
• 5 years: 887.68%
• 10 years: 1,245.68%
• 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

81% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 27

45% more capital invested

Capital invested by funds: $2.43B [Q2] → $3.52B (+$1.09B) [Q3]

8% more funds holding

Funds holding: 225 [Q2] → 244 (+19) [Q3]

2.93% more ownership

Funds ownership: 85.3% [Q2] → 88.23% (+2.93%) [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

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

• Low target: $160 36% downside
• Avg. target: $216 14% downside
• High target: $250 0% upside

4 analyst ratings

• positive: 3 75%
• neutral: 0 0%
• negative: 1 25%

Barclays Tom O'Malley 40% 1-year accuracy 18 / 45 met price target	36% downside $160	Underweight Maintained	17 Jan 2025
Stifel Tore Svanberg 65% 1-year accuracy 30 / 46 met price target	0% downside $250	Buy Maintained	6 Jan 2025
Roth MKM Suji Desilva 60% 1-year accuracy 26 / 43 met price target	8% downside $230	Buy Maintained	7 Nov 2024
Needham Quinn Bolton 51% 1-year accuracy 67 / 131 met price target	10% downside $225	Buy Maintained	7 Nov 2024