sitime corporation is the leader in mems-based timing. we are transforming the timing industry with configurable solutions that replace legacy quartz devices and enable customers to differentiate their products with the highest performance, smallest size, lowest power and best reliability. the rich feature set and flexibility of sitime’s solutions allow customers to consolidate their supply-chain, reducing cost of ownership and time to market. by using standard semiconductor processes and high volume packaging, sitime offers the best availability and shortest lead times in the industry. with 90% market share and over 1 billion devices shipped, sitime is driving the electronics industry to use 100% silicon-based timing. sitime is a wholly owned subsidiary of megachips corporation (tokyo stock exchange: 6875).
Company profile
Ticker
SITM
Exchange
Website
CEO
Rajesh Vashist
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
SiTime Ukraine, LLC • SiTime Netherlands, B.V. • SiTime Malaysia SDN. BHD. • SiTime Korea Ltd. • SiTime Taiwan Ltd. • SiTime Germany GmbH • SiTime India Semiconductor Private Limited ...
SITM stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
27 Feb 24
424B5
Prospectus supplement for primary offering
27 Feb 24
S-3ASR
Automatic shelf registration
26 Feb 24
S-8
Registration of securities for employees
26 Feb 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
SiTime Reports Fourth Quarter 2023 Financial Results
13 Feb 24
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
25 Jan 24
Transcripts
SITM
Earnings call transcript
2023 Q4
13 Feb 24
SITM
Earnings call transcript
2023 Q3
1 Nov 23
SITM
Earnings call transcript
2023 Q2
2 Aug 23
SITM
Earnings call transcript
2023 Q1
3 May 23
SITM
Earnings call transcript
2022 Q4
1 Feb 23
SITM
Earnings call transcript
2022 Q3
3 Nov 22
SITM
Earnings call transcript
2022 Q2
4 Aug 22
SITM
Earnings call transcript
2022 Q1
5 May 22
SITM
Earnings call transcript
2021 Q4
3 Feb 22
SITM
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
144
Notice of proposed sale of securities
27 Mar 24
4
Samsheer Ahamad
19 Mar 24
4
Elizabeth A. Howe
19 Mar 24
4
Vincent P Pangrazio
19 Mar 24
4
Fariborz Assaderaghi
19 Mar 24
4
Lionel Bonnot
19 Mar 24
4
Piyush B Sevalia
19 Mar 24
4
RAJESH VASHIST
19 Mar 24
4
RAJESH VASHIST
11 Mar 24
3
Samsheer Ahamad
7 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 16.71 mm | 16.71 mm | 16.71 mm | 16.71 mm | 16.71 mm | |
Cash burn (monthly) | 583.75 k | 8.39 mm | 7.12 mm | 3.87 mm | 342.92 k | |
Cash used (since last report) | 3.49 mm | 50.17 mm | 42.58 mm | 23.11 mm | 2.05 mm | |
Cash remaining | 13.22 mm | -33.46 mm | -25.87 mm | -6.40 mm | 14.66 mm | |
Runway (months of cash) | 22.6 | -4.0 | -3.6 | -1.7 | 42.8 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 211 |
Opened positions | 24 |
Closed positions | 23 |
Increased positions | 70 |
Reduced positions | 78 |
13F shares | Current |
---|---|
Total value | 2.12 tn |
Total shares | 23.68 mm |
Total puts | 18.20 k |
Total calls | 42.90 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Megachips | 5.00 mm | $1.46 bn |
FMR | 3.05 mm | $349.02 bn |
BLK Blackrock | 2.59 mm | $295.92 bn |
Vanguard | 2.07 mm | $236.11 bn |
BEN Franklin Resources | 1.20 mm | $136.94 bn |
STT State Street | 955.48 k | $109.16 bn |
Wasatch Advisors | 866.78 k | $99.03 bn |
AMP Ameriprise Financial | 613.58 k | $70.10 bn |
Hood River Capital Management | 404.90 k | $46.26 bn |
Capital World Investors | 400.41 k | $45.75 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Elizabeth A. Howe | Common Stock | Grant | Acquire A | No | No | 0 | 5,629 | 0.00 | 75,826 |
15 Mar 24 | Elizabeth A. Howe | Common Stock | Grant | Acquire A | No | No | 0 | 5,629 | 0.00 | 70,197 |
15 Mar 24 | Elizabeth A. Howe | Common Stock | Grant | Acquire A | No | No | 0 | 11,258 | 0.00 | 64,568 |
15 Mar 24 | Pangrazio Vincent P | Common Stock | Grant | Acquire A | No | No | 0 | 2,968 | 0.00 | 82,059 |
15 Mar 24 | Pangrazio Vincent P | Common Stock | Grant | Acquire A | No | No | 0 | 2,968 | 0.00 | 79,091 |
15 Mar 24 | Pangrazio Vincent P | Common Stock | Grant | Acquire A | No | No | 0 | 5,936 | 0.00 | 76,123 |
15 Mar 24 | Fariborz Assaderaghi | Common Stock | Grant | Acquire A | No | No | 0 | 5,473 | 0.00 | 112,779 |
15 Mar 24 | Fariborz Assaderaghi | Common Stock | Grant | Acquire A | No | No | 0 | 5,473 | 0.00 | 107,306 |
15 Mar 24 | Fariborz Assaderaghi | Common Stock | Grant | Acquire A | No | No | 0 | 10,946 | 0.00 | 101,833 |
15 Mar 24 | Bonnot Lionel | Common Stock | Grant | Acquire A | No | No | 0 | 5,473 | 0.00 | 99,080 |
News
SiTime: Q4 Earnings Insights
13 Feb 24
SiTime Q4 Adj $0.24 Beats $0.20 Estimate, Sales $42.40M Beat $41.73M Estimate
13 Feb 24
Earnings Scheduled For February 13, 2024
13 Feb 24
Barclays Maintains Equal-Weight on SiTime, Raises Price Target to $130
16 Jan 24
Stifel Maintains Buy on SiTime, Raises Price Target to $150
2 Jan 24
Press releases
Attention SiTime Corporation Investors: Company Investigated by the Portnoy Law Firm
11 Mar 24
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of SiTime Corporation - SITM
7 Mar 24
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of SiTime Corporation - SITM
3 Mar 24
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of SiTime Corporation - SITM
28 Feb 24
SiTime to Present at the Morgan Stanley Technology, Media & Telecom Conference on March 5
27 Feb 24