Legato Capital Management LLC Boosts Holdings in SiTime Corporation $SITM
Legato Capital Management LLC significantly increased its stake in SiTime Corporation (NASDAQ:SITM) by 171.1% in the fourth quarter, now owning 9,788 shares valued at $3.46 million. This boost follows SiTime's strong quarterly earnings, where the company exceeded EPS and revenue estimates, achieving 88.3% year-over-year revenue growth. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $661.88 for SiTime.
Berkshire Capital Holdings Inc. Buys New Position in SiTime Corporation $SITM
Berkshire Capital Holdings Inc. has acquired a new position in SiTime Corporation ($SITM), purchasing 8,180 shares valued at approximately $2.89 million, making it their 20th largest holding. This investment comes as SiTime reported stronger-than-expected quarterly results, with significant revenue growth. Despite favorable fundamentals and analyst price targets, some insiders have recently decreased their holdings, and the stock has shown high volatility.
SiTime Completes $1.35 Billion 0% Convertible Notes Offering Under Underwriting Agreement
SiTime successfully raised $1.35 billion through a public offering of 0% Convertible Senior Notes due 2031, managed by Wells Fargo Securities and Goldman Sachs. The company entered into an Indenture with U.S. Bank Trust Company for these notes, which have an initial conversion price of $1,040.47 per share. SiTime also executed capped call transactions to mitigate dilution and fund the acquisition of Renesas timing assets and other corporate purposes.
SiTime (NASDAQ: SITM) raises $1.35B via 0% convertible notes maturing 2031
SiTime Corporation has successfully raised $1.35 billion through an offering of 0% Convertible Senior Notes due 2031. The notes are unsecured, carry no regular interest, and mature on June 15, 2031, with an initial conversion price of approximately $1,040.47 per share, representing a 50% premium over the May 19, 2026 stock price. The net proceeds, approximately $1.32 billion after expenses and capped call costs, are primarily allocated to fund the acquisition of certain timing-business assets from Renesas Electronics Corporation and for general corporate purposes.
Insider Sell Alert: Torsten Kreindl Sells Shares of SiTime Corp (SITM)
Torsten Kreindl, a Director at SiTime Corp (SITM), sold 710 shares of the company on May 21, 2026. This transaction continues a trend of significant insider selling, with 47 insider sells and no buys over the past year. With shares trading at $720 and a GF Value of $342.75, the stock is considered significantly overvalued.
Sitime director Kreindl sells $511,200 in common stock
SITIME Corp director Kreindl Torsten sold 710 shares of common stock for $511,200 on May 21, 2026, at $720 per share. This sale followed a significant 249% return over the past year for the stock, despite an 8% decline in the week prior to the transaction. After the sale, Kreindl directly holds 13,141 shares of SITIME Corp.
SiTime (NASDAQ: SITM) director sells 710 shares in open-market trade
SiTime (NASDAQ: SITM) director Torsten Kreindl sold 710 shares of the company's common stock at $720.00 per share in an open-market transaction on May 21, 2026. This sale totaled $511,200, and after the transaction, Kreindl still directly owns 13,141 shares. The trade was reported via an SEC Form 4 filing, which provides transparency on insider transactions.
SITIME (SITM) executive uses 3,438 shares for equity tax withholding
SITIME Corp executive Vincent P. Pangrazio reported a tax-related share disposition where 3,438 shares of common stock were used to cover tax obligations at $697 per share. This non-market transaction was classified as a tax-withholding disposition. Following this event, Pangrazio directly holds 55,416 shares, which includes 39,966 shares issuable from unvested restricted stock units and performance-based restricted stock units.
SiTime (SITM) officer reports 6,049-share tax withholding, holds 83,145
SiTime Corp officer Fariborz Assaderaghi reported a tax-withholding disposition of 6,049 shares of common stock at $697 per share, an action for tax obligations rather than an open-market sale. After this transaction, he directly holds 83,145 shares. His holdings also include 76,830 unvested restricted stock units and performance-based restricted stock units, which vest based on time and company stock price performance.
SiTime (NASDAQ: SITM) officer uses 5,977 shares for tax payment
SiTime (NASDAQ: SITM) officer Lionel Bonnot reported a tax-related disposition of 5,977 common shares on May 20, 2026. These shares, valued at $697 each, were used to cover tax liabilities and not as an open-market sale. Following this transaction, Bonnot directly holds 74,297 shares, including 65,813 unvested restricted stock units.
SITIME Corp (NASDAQ: SITM) CFO reports tax-withholding of 2,738 shares at $697
SITIME Corp's CFO, Elizabeth A. Howe, reported a tax-withholding disposition of 2,738 shares of common stock at $697 per share on May 20, 2026, to cover tax obligations. This was a non-market transaction and not an open-market sale, resulting in Howe holding 67,888 shares, including a significant portion of unvested restricted stock units. An equity compensation analyst noted that this transaction is a mechanical consequence of vesting and does not indicate a change in sentiment regarding the company.
SiTime (NASDAQ: SITM) exec uses 6,048 shares for tax withholding
SiTime executive Piyush B. Sevalia used 6,048 shares of common stock, valued at $697.00 per share, for tax withholding purposes. This non-market transaction was a tax-withholding disposition, not a sale. Following this transaction, Sevalia directly holds 78,202 shares, including 69,607 unvested restricted stock units and performance-based restricted stock units.
[144] SITIME Corp SEC Filing
This article reports on a Form 144 SEC filing by SITIME Corp (SITM) on May 21, 2026, indicating a proposed sale of securities. The filing is categorized as neutral in both impact and sentiment. It details the filer, issuer, and securities information, including the sale of 710 shares of common stock with an aggregate market value of $511,200.00.
SiTime plans $1.1B convertible senior notes offering due 2031
The text provided is incomplete and does not contain enough information to generate a summary. The article title mentions SiTime planning a $1.1 billion convertible senior notes offering due in 2031. However, no further details or context are available in the given content.
SiTime Corp stock (US82967N1081): market reacts to upsized $1.2 billion convertible notes
SiTime Corp has upsized its convertible senior notes offering from $1.1 billion to $1.2 billion, drawing significant investor attention. This financing move is expected to close on May 22, 2026, and will provide capital for the company's growth ambitions in the fast-growing timing chip market, particularly for its MEMS-based solutions which are critical for various electronic systems. The market has shown a measured reaction, with the stock trading modestly higher, indicating investor confidence in the company's long-term strategy and enhanced financial flexibility despite potential future dilution.
Book value per share of SiTime Corporation – TRADEGATE:3HS
This article provides financial information for SiTime Corporation (TRADEGATE:3HS), specifically focusing on its book value per share. It highlights that the market for this stock is currently closed and presents various data points related to the company's financials on the TradingView platform.
SiTime (SITM) Upsizes Convertible Senior Notes Offering to $1.2B
SiTime (SITM) announced an upsizing of its convertible senior notes offering to $1.2 billion from $1.1 billion, with the closing anticipated on May 22, 2026. This strategic move aims to raise capital for the acquisition of assets from Renesas Electronics and other corporate needs. While SiTime exhibits strong financial strength and growth potential, its low profitability and significant insider selling, combined with a high price-to-sales ratio, suggest caution for investors.
SiTime Corporation: Sale of Notes to Underwriters Expected to Close on May 22 >SITM
This article announces that SiTime Corporation expects the sale of notes to underwriters to close on May 22, 2026. This financial transaction is a key event for the company, indicating potential capital infusion or restructuring. The news is relevant for investors tracking SITM.
SiTime Corporation announces pricing of upsized offering of $1.2 bln of convertible senior notes due 2031
SiTime Corporation has announced the pricing of an upsized offering of $1.2 billion in convertible senior notes due in 2031. This financing move is likely aimed at strengthening the company's capital structure or funding strategic initiatives.
SiTime Corporation: Notes Will Mature on June 15, 2031, Unless Earlier Converted, Redeemed or Repurchased >SITM
This article announces that SiTime Corporation's outstanding 0.50% Convertible Senior Notes due 2026 will mature on June 15, 2031. The notes will be converted into cash, shares of SiTime's common stock, or a combination thereof, according to the indenture terms, unless they are earlier converted, redeemed, or repurchased.
SiTime Corporation Announces Pricing of Upsized Offering of $1.2 Billion of Convertible Senior Notes
SiTime Corporation has announced the pricing of an upsized offering of $1.2 billion in convertible senior notes. The news was disseminated via Quantisnow, a real-time market data platform for retail investors. The update also mentioned related SEC filings, including a Form 8-K and details on insider transactions.
SiTime prices $1.2 billion convertible notes offering
SiTime Corporation has priced an underwritten offering of $1.2 billion in convertible senior notes due 2031, an increase from the previously announced $1.1 billion. The notes carry a 0% interest rate and will mature on June 15, 2031. The proceeds are intended to fund a portion of the cash consideration for its acquisition of Renesas Electronics Corporation's timing business assets and for capped call transactions, with any remainder for general corporate purposes.
SiTime Corporation Announces Pricing of Upsized Offering of $1.2 Billion of Convertible Senior Notes
SiTime Corporation (NASDAQ: SITM) has announced the pricing of an upsized offering of $1.2 billion in 0% Convertible Senior Notes due 2031, increased from the previous $1.1 billion. The net proceeds, estimated at $1.17 billion, will primarily fund the acquisition of assets from Renesas Electronics Corporation's timing business and cover the cost of capped call transactions, with any remainder used for general corporate purposes. The notes will mature on June 15, 2031, are unsecured, and can be converted into cash, common stock, or a combination thereof, at SiTime's election.
SiTime Corporation Announces Pricing Of Upsized Offering Of $1.2 Bln Of Convertible Senior Notes Due 2031
SiTime Corporation has announced the pricing of an upsized offering of $1.2 billion in convertible senior notes due in 2031. This brief article from Reuters, republished via Refinitiv, provides a concise update on this financial move by SiTime Corporation.
SiTime (SITM) Drops 8.2% to $666.18
SiTime Corporation (SITM) shares fell 8.2% to $666.18 following the announcement of a proposed convertible senior notes offering. The stock decline occurred on elevated trading volume as investors reacted to the news of the dilutive debt issuance. This offering allows bondholders to convert debt into equity, potentially increasing share count and diluting existing shareholders.
SiTime (SITM) Plans $1.1B Convertible Senior Notes Offering
SiTime Corporation (SITM) announced plans to issue $1.1 billion in Convertible Senior Notes maturing in 2031, aiming to strengthen its financial position despite a 3.2% premarket stock decline. The company, which has a GF Score of 68/100, shows strong financial strength but struggles with profitability and has seen significant insider selling. GuruFocus highlights investor caution due to high valuation metrics and negative earnings.
Why SiTime is planning $1.1B in convertible notes for Renesas deal
SiTime (NASDAQ: SITM) announced its plan to offer $1.1 billion in Convertible Senior Notes due 2031, with an additional $150 million over-allotment option. The proceeds are primarily intended to fund a portion of its acquisition of Renesas Electronics Corporation's timing business assets, cover capped call transaction costs, and for general corporate purposes. This offering follows a historical pattern of SiTime using capital markets to finance growth initiatives, though such announcements have previously led to negative market reactions, as seen by the stock's 7.85% decline on the news.
SiTime plans $1.1B convertible senior notes offering due 2031
SiTime (NASDAQ:SITM) has announced its intention to offer $1.1 billion in convertible senior notes due 2031. The offering will be made in a private placement to qualified institutional buyers, with an option for initial purchasers to buy an additional $150 million. SiTime also plans to use the proceeds to repurchase approximately $150 million of its common stock concurrently with the pricing of the notes.
SiTime Corporation Announces $1.1 Billion Convertible Senior Notes Offering Due 2031
SiTime Corporation announced its plan to offer $1.1 billion in Convertible Senior Notes due in 2031, with an option for underwriters to purchase an additional $150 million. The proceeds are intended to fund an acquisition from Renesas Electronics, pay for capped call transactions, and cover general corporate expenses. The offering aims to enhance financial stability and growth opportunities while mitigating potential stock dilution for existing shareholders.
TimesSquare Capital Management LLC Cuts Position in SiTime Corporation $SITM
TimesSquare Capital Management LLC reduced its stake in SiTime Corporation by 21.5% in the fourth quarter, selling 28,277 shares but still owning 103,423 shares valued at approximately $36.5 million. Despite this sale, institutional ownership in SiTime remains high at 84.31%, with several other firms increasing their positions. SiTime recently reported strong quarterly results, beating EPS estimates and showing significant revenue growth, while analysts maintain a "Moderate Buy" rating with a consensus target price of $661.88.
SiTime (NASDAQ: SITM) outlines $1.5B Timing Product Business acquisition with pro forma impact
SiTime (NASDAQ: SITM) has detailed its planned acquisition of Renesas’ Timing Product Business for $1.5 billion in cash and 4.13 million shares of SiTime common stock. The Timing Product Business generated $207.744 million in product revenue in 2025 and $69.306 million in Q1 2026. Pro forma financial statements indicate that after amortization and financing adjustments, the combined company would report net losses.
SiTime files financial statements related to Renesas timing business acquisition
SiTime Corporation has filed financial statements and pro forma financial information with the SEC regarding its acquisition of Renesas Electronics America Inc.'s Timing Product Business. The filing includes audited results for 2024 and 2025, and unaudited interim statements for Q1 2026, detailing financial impacts of the acquisition. SiTime, which recently reported strong Q1 2026 earnings, is positioned for strategic growth with a strong balance sheet.
SiTime Corporation Announces Proposed Convertible Senior Notes Offering
SiTime Corporation announced its intent to offer $1.1 billion in Convertible Senior Notes due in 2031, with an option for underwriters to purchase an additional $150 million. The company plans to use the net proceeds to fund a portion of the cash consideration for its acquisition of timing business assets from Renesas Electronics Corporation, cover capped call transactions, and for general corporate purposes. The offering is subject to market conditions and other factors, and the Notes will be general unsecured obligations of SiTime.
SiTime Corporation’s SWOT analysis: stock faces valuation concerns
SiTime Corporation (SITM) faces valuation concerns from analysts despite its strong growth in AI and consumer electronics, with an underweight rating and a price target suggesting potential downside. While the company demonstrates robust earnings growth projections and market capitalization increases, its premium valuation, high Price/Book multiple, and reliance on specific growth drivers pose risks. The article presents a SWOT analysis, highlighting strengths like AI exposure and consumer electronics performance against weaknesses like valuation concerns and competition, balanced by opportunities in AI adoption and threats from market volatility.
SiTime (SITM) director gifts 18,610 shares, shifts stock to family trust
SiTime Corp director, Christine Heckart, gifted a total of 18,610 shares of common stock on May 14, 2026, primarily for estate planning purposes. Of these, 9,305 shares were transferred to the H D & Christine Heckart 2014 Family Trust, where she remains the beneficial owner. Following these transactions, Heckart directly holds 1,690 shares (including unvested RSUs) and indirectly holds 9,305 shares through the family trust.
Why SiTime Stock Is Sinking Despite Strong Earnings
SiTime Corporation (SITM) stock is experiencing a sharp decline despite strong recent earnings. This volatility is attributed to a broad semiconductor sector selloff, investor concerns over rising Treasury yields, and a hotter-than-expected CPI report weakening hopes for 2026 rate cuts. Traders are cashing in gains on high-valuation tech names like SiTime due to shifting macro signals, overshadowing the company's solid fundamentals in the short term.
Sitime 10% Owner Sold Shares Worth Over $311M
Megachips Corp /Fi, a 10% owner of Sitime, sold 400,000 shares of Sitime common stock for a total of $311,800,000 at a price of $779.50 per share on May 14, 2026. Following this transaction, Megachips Corp /Fi directly owns 3,020,000 shares of Sitime common stock. The sale was reported in an SEC Filing Form 4.
MEGACHIPS CORP /FI trims SiTime (SITM) stake with 400K-share sale
MEGACHIPS CORP /FI, a ten percent owner of SiTime Corp (SITM), has reduced its stake by selling 400,000 shares of common stock on May 14, 2026, at an average price of $779.50 per share, totaling approximately $311.8 million. Despite this significant sale, MEGACHIPS CORP /FI still retains 3,020,000 shares, maintaining its position as a large shareholder. The transaction was an open-market sale, and no derivative exercises or Rule 10b5-1 trading plans were disclosed.
SiTime Corp (SITM) Shares Fall 6.3% -- GF Value Says Still Overvalued
SiTime Corp (SITM) shares recently fell 6.3% to $725.59, but GuruFocus's GF Value still indicates the stock is significantly overvalued by 113.3% compared to its intrinsic value of $340.25. The company's GF Score of 68/100 points to above-average performance in financial strength, growth, and momentum, yet its valuation score is very low at 1/10. Notably, insiders have sold $7.9 million in shares over the last three months with no buying activity, suggesting a lack of insider confidence.
SiTime Corp stock (US82967N1081): sharp slide puts high-flying timing specialist in the spotlight
SiTime Corp (SITM) shares have experienced a sharp multi-day decline, dropping over 5% on Nasdaq, despite the company's strong rally earlier in the year. SiTime specializes in MEMS-based timing chips, which are crucial for high-performance communication, data centers, automotive, industrial, and consumer electronics, and its business model focuses on design and engineering rather than manufacturing. The stock's recent volatility and a GuruFocus assessment suggesting significant overvaluation have put the high-flying timing specialist in the spotlight, raising questions about future growth expectations and potential risks within the semiconductor industry.
Sitime director Takata Akira sells $1.29m in common stock
Sitime director Takata Akira sold 1,500 shares of the company's common stock for $1.29 million on May 12, 2026. This transaction occurred after SITM stock surged 298% over the past year, trading near its 52-week high, although InvestingPro analysis suggests the stock is overvalued. Following the sale, Takata Akira directly holds 12,234 shares of SITIME, including restricted stock units.
SiTime Corporation $SITM is Peregrine Investment Management Inc.'s 9th Largest Position
Peregrine Investment Management reduced its stake in SiTime Corporation by 39.1% in Q1 2026, though SiTime remains its 9th largest holding, comprising 5.5% of its portfolio. SiTime reported strong quarterly results, with EPS of $1.44 and revenue of $113.57 million, exceeding estimates, and analysts have become more bullish, raising price targets. Other institutional investors have also adjusted their positions in the company, while insider transactions show recent sales by a director and an insider.
Sitime director Takata Akira sells $1.29m in common stock
SITIME Corp. director Takata Akira sold 1,500 shares of company stock for over $1.29 million on May 12, 2026. Following the sale, Takata Akira still holds 12,234 shares. The transaction occurred as SITM stock reached near its 52-week high, despite being on a "Most Overvalued" list, while the company recently reported strong Q1 2026 financial results exceeding expectations.
SiTime (NASDAQ: SITM) director sells 1,500 shares, holds 12,234
SiTime Corp director Akira Takata reported an open-market sale of 1,500 shares of Common Stock on May 12, 2026, at a price of $860.86 per share. Following this transaction, Takata directly holds 12,234 shares, which includes 1,290 unvested restricted stock unit awards. The sale, valued at over $1.29 million, was detailed in an SEC Form 4 filing, providing transparency on insider trading activity.
[144] SITIME Corp SEC Filing
This article reports on a Form 144 SEC filing by SITIME Corp (SITM) for a proposed sale of securities. The filing indicates an intent to sell 400,000 shares of common stock with an aggregate market value of $320,000,000 on NASDAQ as of May 14, 2026. The shares were acquired through a private offering in 2014, and there are no other sales reported in the last three months.
SiTime Corp stock (US82967N1081): Precision timing specialist in semiconductor spotlight
SiTime Corp, a leader in MEMS-based timing solutions, is highlighted for its innovation in semiconductors, significant ETF holdings, and strong market positioning. The company develops and sells silicon micro-electromechanical systems (MEMS) timing products, crucial for wireless, IoT, and enterprise sectors, and offers advantages over traditional quartz-based components. Its technology is particularly relevant for 5G infrastructure, AI servers, and data centers, aligning with growing demand in the US semiconductor supply chain and CHIPS Act incentives.
SITM (NASDAQ) Form 144: 290, 300 and 910 restricted shares listed
Morgan Stanley Smith Barney LLC Executive Financial Services has filed a Form 144 for SITM, listing proposed sales of common stock. The filing details three restricted stock lots: 290 shares dated May 20, 2025; 300 shares dated November 20, 2022; and 910 shares dated May 20, 2023, totaling 1,500 shares. This indicates potential future market activity for SITIME Corp securities.
SiTime Announces Expiration of Hart-Scott-Rodino Waiting Period
SiTime Corporation announced that the Hart-Scott-Rodino (HSR) Antitrust Improvements Act waiting period expired on May 8, 2026, for its pending acquisition of certain assets from Renesas Electronics America Inc. This satisfies a key condition for the acquisition, which is still subject to other customary closing conditions. SiTime has secured a financing commitment of up to $900 million from Wells Fargo for the acquisition.
SiTime (NASDAQ: SITM) advances $1.5B cash-and-stock Renesas timing acquisition
SiTime Corporation announced that the Hart-Scott-Rodino antitrust waiting period for its $1.5 billion cash-and-stock acquisition of Renesas’ timing business expired on May 8, 2026. This satisfies a key regulatory closing condition for the deal, which includes $1.5 billion in cash and 4,130,644 shares of SiTime common stock. SiTime has a commitment for up to $900 million in a 364-day senior secured bridge loan from Wells Fargo to help fund the cash portion, though it may pursue alternative financing.
SiTime sees HSR waiting period expire for $1.5B timing-assets acquisition
SiTime announced that the HSR waiting period for its approximately $1.5 billion acquisition of Renesas' timing-business assets expired on May 8, 2026. This satisfies a key closing condition for the deal, which involves a cash payment of about $1.5 billion plus 4,130,644 SiTime shares. The acquisition remains subject to other closing conditions, though financing is not one of them, as SiTime has secured a bridge facility.
