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Why SiTime (SITM) Stock Is Down Today

Investivoq PriceTracker

SiTime Corporation (SITM) is down 5.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be broad semiconductor weakness rather than a new company-specific setback. This could be because investors are taking profits after SiTime’s very strong run in 2026, while the chip group has been under pressure from a wider pullback in AI-related names and softer risk appetite in technology stocks.

Details:

  • SiTime issued a routine notice on October 7 that it will report third-quarter 2026 financial results on November 4, with no negative business update attached to that announcement.
  • The company’s investor materials still point back to a very strong second quarter, when revenue more than doubled year over year, leaving the stock vulnerable to profit-taking after a large advance.
  • Semiconductor shares broadly sold off as investors reassessed AI-linked demand expectations and rotated away from high-growth technology names.
  • Recent analyst tracking also shows at least one downgrade earlier this week, which may have added pressure even without a major fundamental change at the company.

    • Sources:

    SiTime Investor Relations, SEC, AP News, Yahoo Finance

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $SITM Insider Trading Activity

    SITM Insider Trades

    $SITM insiders have traded $SITM stock on the open market 27 times in the past 6 months. Of those trades, 0 have been purchases and 27 have been sales.

    Here’s a breakdown of recent trading of $SITM stock by insiders over the last 6 months:

    • CORP /FI MEGACHIPS sold 400,000 shares for an estimated $311,800,000
    • RAJESH VASHIST (Chief Executive Officer) has made 0 purchases and 5 sales selling 72,000 shares for an estimated $50,289,840.
    • FARIBORZ ASSADERAGHI (See Remarks) has made 0 purchases and 6 sales selling 6,583 shares for an estimated $4,696,133.
    • VINCENT P PANGRAZIO (See Remarks) has made 0 purchases and 2 sales selling 5,000 shares for an estimated $3,325,640.
    • LIONEL BONNOT (See Remarks) has made 0 purchases and 3 sales selling 3,000 shares for an estimated $2,155,510.
    • PIYUSH B SEVALIA (See Remarks) has made 0 purchases and 2 sales selling 3,666 shares for an estimated $1,700,891.
    • RAMAN CHITKARA sold 2,000 shares for an estimated $1,454,760
    • AKIRA TAKATA sold 1,500 shares for an estimated $1,291,290
    • TORSTEN KREINDL has made 0 purchases and 3 sales selling 1,760 shares for an estimated $1,268,950.
    • CHRISTINE HECKART sold 1,290 shares for an estimated $903,000
    • EDWARD H. FRANK sold 1,000 shares for an estimated $745,000
    • KATHERINE SCHUELKE sold 500 shares for an estimated $349,025

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $SITM Hedge Fund Activity

    We have seen 326 institutional investors add shares of $SITM stock to their portfolio, and 212 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 645,930 shares (+13905.9%) to their portfolio in Q2 2026, for an estimated $481,579,570
    • BLACKROCK, INC. removed 490,670 shares (-17.0%) from their portfolio in Q2 2026, for an estimated $365,823,925
    • PRICE T ROWE ASSOCIATES INC /MD/ removed 361,257 shares (-52.8%) from their portfolio in Q2 2026, for an estimated $269,338,768
    • JPMORGAN CHASE & CO added 355,910 shares (+inf%) to their portfolio in Q2 2026, for an estimated $265,352,259
    • ARTISAN PARTNERS LIMITED PARTNERSHIP added 289,116 shares (+147.5%) to their portfolio in Q2 2026, for an estimated $215,553,324
    • JANE STREET GROUP, LLC added 235,361 shares (+133.1%) to their portfolio in Q2 2026, for an estimated $175,475,747
    • AMERIPRISE FINANCIAL INC removed 207,618 shares (-44.5%) from their portfolio in Q2 2026, for an estimated $154,791,676

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $SITM Price Targets

    Multiple analysts have issued price targets for $SITM recently. We have seen 4 analysts offer price targets for $SITM in the last 6 months, with a median target of $812.5.

    Here are some recent targets:

    • N. Quinn Bolton from Needham set a target price of $850.0 on 05/07/2026
    • Tom O'Malley from Barclays set a target price of $850.0 on 05/07/2026
    • Timothy Arcuri from UBS set a target price of $775.0 on 05/07/2026
    • Tore Svanberg from Stifel set a target price of $500.0 on 04/16/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.