Lionel Bonnot Sells Shares of SiTime Corporation
On June 15, 2026, Lionel Bonnot sold 500 shares of SiTime Corporation, valued at $368,010.
Key Points
- Lionel Bonnot, EVP of SiTime Corporation, sold 500 shares worth $368,010 on June 15, 2026.
- SiTime Corporation's stock traded at $729.89, with a market cap of $19.27 billion and a forward P/E of 68.46.
- FMR LLC increased its SiTime stake by 606,711 shares, while BlackRock reduced its holdings by 497,127 shares.
On June 15, 2026, Lionel Bonnot, the Executive Vice President of Worldwide Sales and Business Development at SiTime Corporation, sold 500 shares of the company. The shares sold at an average price of $736.02, totaling a transaction value of $368,010. This sale was not part of a pre-scheduled trading plan.
Insider Buying and Selling at SiTime Corporation
Several insiders at SiTime Corporation have been active in selling shares recently. On June 15, 2026, CEO Rajesh Vashist sold 20,000 shares at $750.15 each, as part of a planned sale. On June 12, 2026, Raman Chitkara sold 2,000 shares at $727.38, and Vincent Pangrazio sold 2,000 shares at $725.32, with Pangrazio's sale being unplanned. Earlier, on June 11, 2026, Lionel Bonnot also sold 1,000 shares at $700.00.
Other Institutional Activity in SiTime Corporation
Institutional investors have shown varied interest in SiTime Corporation. FMR LLC increased its holdings by 606,711 shares, ending with 3,954,935 shares valued at approximately $1.37 billion. In contrast, BlackRock, Inc. reduced its position by 497,127 shares, resulting in a total of 2,880,735 shares worth about $994.86 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both established new positions, holding 1,391,565 shares and 993,986 shares, respectively. State Street Corp made a modest increase of 6,686 shares, bringing its total to 924,843 shares.
SiTime Corporation Stock Snapshot
Shares of NasdaqGM:SITM traded near $729.89. SiTime Corporation, with a market cap of $19.27 billion, has a forward P/E ratio of 68.46 and a beta of 2.922, indicating significant volatility. The stock has seen a 52-week low of $186.49 and a high of $901.81. It has a 50-day moving average of $618.99 and a 200-day moving average of $401.19. The company maintains a strong liquidity position with a current ratio of 12.48 and a quick ratio of 11.09.
Recent Earnings
SiTime Corporation reported revenue of $379.91 million, reflecting a growth rate of 88.3%. However, the company is not currently profitable, with a net margin of -6.38% and a return on equity of -2.62%. The next earnings report is scheduled for August 5, 2026.
Analysts Set New Price Targets
On May 7, 2026, UBS maintained its buy rating on SiTime with a price target of $775. Barclays upgraded the stock to a buy with a target of $850, while Needham also maintained a buy rating with an $850 target. Stifel, on April 16, 2026, kept a buy rating with a $500 target. The consensus among nine analysts is a strong buy, with a mean price target of $827.78.
About SiTime Corporation
SiTime Corporation, headquartered in Santa Clara, California, designs and sells silicon timing solutions used in various industries, including AI, data centers, and automotive. Founded in 2003, the company offers oscillators, clock integrated circuits, and synchronization software. Led by CEO Rajesh Vashist, SiTime operates internationally with 441 employees.
Bottom Line
Lionel Bonnot's recent sale of SiTime shares highlights ongoing insider activity at the company. SiTime's stock performance reflects its position in the volatile semiconductor industry, with a notable forward P/E ratio and recent revenue growth. Institutional investors are actively adjusting their positions, and analysts maintain a strong buy consensus, suggesting continued interest in SiTime's potential.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
