SiTime (SITM) Insider Raman Chitkara Sells $1.5M of Stock
Silicon timing system maker sees additional insider transactions as executives pare holdings following strong stock gains.
Reviewed by automated data checks against the source filing. How we make and check alerts
Raman Chitkara sold 2,000 shares of SiTime Corporation ($SITM) at an average price of $727.38, worth about $1.45 million, on June 12, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $SITM is up 3.2% after 1 week, down 17.4% after 1 month and down 35.3% to date (from the $729.89 close on Jun 12, 2026).
SITM
SiTime Corporation
Key Points
- SiTime Corporation insider Raman Chitkara sold 2,000 shares of stock on June 12, 2026, at an average price of $727.38 for a total value of $1,454,760.
- The semiconductor firm trades near $742.46, sitting far above its 52-week low of $243.68 while maintaining a forward P/E ratio of 33.62.
- Wall Street sentiment remains generally positive with ten analysts offering a mean price target of $849.50 ahead of the next earnings report.
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Insider Buying and Selling at SiTime Corporation
Raman Chitkara parted with 2,000 shares of SiTime Corporation (NasdaqGM: SITM) on June 12, 2026. The transaction was carried out under a pre-arranged trading plan at a price of $727.38 per share, bringing the total value of the sale to $1,454,760. This move forms part of a broader wave of executive stock sales at the semiconductor company during the month of June.
More Executive Sales Follow
The June reporting period saw several other top company officials reduce their share counts. Chief legal officer Vincent Pangrazio unloaded 2,000 shares on June 12, 2026, at an average price of $725.32 for a total value of $1,450,640. Chief executive officer Rajesh Vashist later sold 20,000 shares in a planned move on June 15, 2026, at an average price of $750.15, totaling $15,003,000. Executive Lionel Bonnot also parted with 500 shares on June 15, 2026, at a price of $736.02, accounting for $368,010 in proceeds.
Stock Valuation and Price Context
Shares changed hands around $742.46 recently, reflecting a period of high valuation for the technology firm. The business carries a market capitalization near $15.08 billion with a forward P/E ratio of 33.62. Its trailing P/E stands at 895.70 due to modest net earnings relative to the share price. The stock has experienced wide fluctuations over the past year, trading as low as $243.68 and reaching a peak of $901.81.
Wall Street Ratings and Targets
Analyst coverage includes multiple recent updates from major financial institutions. On August 6, 2026, Needham kept a buy rating while lifting its target to $900.00 from $850.00. UBS maintained a buy rating on August 6, 2026, moving its target to $840.00 from $775.00. Benchmark initiated coverage with a buy rating and an $850.00 price target on August 20, 2026, followed by Morgan Stanley initiating an overweight rating with a $730.00 target on September 17, 2026. Seaport Global initiated a neutral rating on September 23, 2026. Across ten analyst opinions, the mean price target sits at $849.50.
About SiTime Corporation
Headquartered in Santa Clara, California, SiTime Corporation designs and markets silicon timing systems solutions. The company produces various oscillators, clock integrated circuits, resonators, and synchronization software utilized in artificial intelligence systems, data centers, automotive applications, and consumer electronics.
Upcoming Financial Updates
Investors are keeping watch on the company's financial calendar, with the next earnings report scheduled for November 4, 2026. Insider transactions like these offer a window into how leadership manages personal holdings, though scheduled sales often reflect personal financial planning rather than shifts in business outlook.
Related Filing Alerts
Source: Raman Chitkara's Form 4 filing on $SITM (Jun 12, 2026). Find the original filing: SITM Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts