Vincent Pangrazio Sells $1.45M in SiTime Shares
SiTime's EVP, Vincent Pangrazio, sold 2,000 shares on June 12, 2026.
Key Points
- Vincent Pangrazio, SiTime's EVP, sold 2,000 shares for $1.45 million on June 12, 2026, at an average price of $725.32.
- SiTime shares are trading around $729.89 with a market cap of $19.27 billion and a forward P/E of 68.46.
- FMR LLC increased its SiTime holdings by 606,711 shares, while BlackRock reduced its stake by 497,127 shares.
On June 12, 2026, Vincent Pangrazio, the Executive Vice President and Chief Legal Officer at SiTime Corporation, sold 2,000 shares of the company. The shares were sold at an average price of $725.32, totaling about $1.45 million. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at SiTime Corporation
The recent sale by Vincent Pangrazio was one of several insider transactions at SiTime. On June 15, 2026, Rajesh Vashist, the CEO, sold 20,000 shares at $750.15 per share as part of a pre-planned sale. Around the same time, Lionel Bonnot, Executive Vice President of Worldwide Sales and Business Development, also sold shares across multiple transactions.
Other Institutional Activity in SiTime Corporation
FMR LLC increased its holdings in SiTime by 606,711 shares, ending with 3,954,935 shares valued at approximately $1.37 billion. In contrast, BlackRock, Inc. reduced its stake by 497,127 shares, holding 2,880,735 shares worth about $994.86 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both added new positions, each holding 1,391,565 and 993,986 shares, respectively. Meanwhile, State Street Corp slightly increased its holdings by 6,686 shares.
SiTime Corporation Stock Snapshot
Shares of NasdaqGM:SITM are currently trading 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 higher volatility compared to the market. The stock's 52-week range spans from $186.49 to $901.81, with a 50-day moving average of $618.99 and a 200-day moving average of $401.19. The company maintains a strong financial position with a current ratio of 12.48 and a quick ratio of 11.09.
Analysts Set New Price Targets
On May 7, 2026, Barclays upgraded SiTime to a 'buy' rating with a price target of $850. UBS and Needham also maintained their 'buy' ratings with targets of $775 and $850, respectively. The consensus among nine analysts is a 'strong buy' recommendation, with a mean target price of $827.78.
About SiTime Corporation
SiTime Corporation designs and sells silicon timing systems solutions, serving a wide range of markets including artificial intelligence, data centers, automotive, and IoT. Headquartered in Santa Clara, California, and led by CEO Rajesh Vashist, the company was founded in 2003 and employs around 441 people. SiTime's products include oscillators, clock integrated circuits, and synchronization software.
Bottom Line
Vincent Pangrazio's recent sale of SiTime shares is a notable transaction among several insider activities. While insider sales can occur for many reasons, they often attract investor attention. SiTime's stock continues to perform robustly, supported by strong analyst ratings and institutional interest. However, it's important to remember that 13F filings and insider transactions provide a historical view and may not reflect current positions.
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.