SiTime (SITM) EVP Lionel Bonnot Sells $368K of Stock

Lionel Bonnot Sells SiTime Shares

Lionel Bonnot, Executive Vice President of Worldwide Sales and Business Development at SiTime Corporation (NasdaqGM: SITM), sold 500 shares of company stock on June 15, 2026. The transaction was executed at a price of $736.02 per share, bringing the total value to approximately $368,010. This filing comes straight from SEC paperwork and captures one specific piece of executive positioning during a busy month for company leadership.

Recent Insider Sales at SiTime

This sale joins a crowded string of insider transactions at SiTime in mid-June 2026. Earlier, on June 12, 2026, general counsel Vincent Pangrazio sold 2,000 shares at an average price of $725.32 for a total value of about $1.45 million. Raman Chitkara also unloaded 2,000 shares in a planned move on the same day at $727.38 per share, valued at roughly $1.45 million. The largest move came from Chief Executive Officer Rajesh Vashist, who disposed of 20,000 shares on June 15, 2026, under a pre-arranged plan at $750.15 per share, totaling about $15 million.

SiTime Stock Performance

Shares of SiTime changed hands at $742.46 on Tuesday. The semiconductor stock sits well above its 200-day moving average of $539.16 and its 50-day moving average of $626.18, reflecting strong gains over the past year within a 52-week trading span of $243.68 to $901.81. The company holds a forward price-to-earnings ratio of 33.62 based on upcoming profitability estimates, while trailing results yield no traditional P/E due to modest GAAP earnings.

Analysts Set New Price Targets

Wall Street firms continue to update their views on the chip designer. On September 23, 2026, Seaport Global initiated coverage with a Neutral rating. Days earlier on September 17, 2026, Morgan Stanley started coverage with an Overweight rating and a $730.00 price target. Benchmark launched coverage with a Buy rating and an $850.00 target on August 20, 2026. Earlier in August, UBS maintained a Buy rating while lifting its target to $840.00 from $775.00, and Needham kept a Buy rating while boosting its target to $900.00 from $850.00. Across ten analyst opinions, the stock carries a consensus mean target price of $849.50.

What SiTime Does

Based in Santa Clara, California, SiTime Corporation designs and sells silicon timing systems solutions. Its precision oscillators, clock integrated circuits, and resonators help run artificial intelligence systems, data centers, automotive electronics, and consumer devices. These hardware components manage timing and synchronization across complex modern networks.

Looking Ahead for SiTime

Investors will look toward the company's next scheduled earnings report on November 4, 2026, for further operational updates. Insider transactions remain backward-looking records of past executive choices and do not necessarily signal upcoming stock direction.