2 days Ago By ABMN Staff
Russell Investments Group Ltd. decreased its position in shares of SiTime Co. ( NASDAQ:SITM – Free Report ) by 30.
6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,613 shares of the company’s stock after selling 6,868 shares during the period. Russell Investments Group Ltd.
owned approximately 0.07% of SiTime worth $3,349,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors have also made changes to their positions in SITM.
Emerald Advisers LLC bought a new position in SiTime during the 4th quarter valued at about $18,673,000. Principal Financial Group Inc. grew its stake in shares of SiTime by 15.
4% during the third quarter. Principal Financial Group Inc. now owns 448,930 shares of the company’s stock valued at $76,996,000 after buying an additional 59,931 shares during the last quarter.
Vanguard Group Inc. lifted its stake in shares of SiTime by 2.2% during the 4th quarter.
Vanguard Group Inc. now owns 2,468,348 shares of the company’s stock worth $529,535,000 after acquiring an additional 52,310 shares during the last quarter. Wellington Management Group LLP boosted its holdings in SiTime by 36.
4% during the 4th quarter. Wellington Management Group LLP now owns 195,573 shares of the company’s stock valued at $41,956,000 after acquiring an additional 52,221 shares during the period. Finally, Peregrine Investment Management Inc.
bought a new position in SiTime in the 4th quarter valued at $7,779,000. Hedge funds and other institutional investors own 84.31% of the company’s stock.
Insider Activity In related news, insider Piyush B. Sevalia sold 1,038 shares of SiTime stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $157.
64, for a total transaction of $163,630.32. Following the transaction, the insider now directly owns 92,847 shares of the company’s stock, valued at $14,636,401.
08. This trade represents a 1.11 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the SEC, which is available through this link . Also, insider Fariborz Assaderaghi sold 1,003 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $204.
42, for a total transaction of $205,033.26. Following the completion of the transaction, the insider now directly owns 99,678 shares of the company’s stock, valued at $20,376,176.
76. This trade represents a 1.00 % decrease in their position.
The disclosure for this sale can be found here . In the last quarter, insiders sold 5,542 shares of company stock worth $978,713. 2.
30% of the stock is currently owned by corporate insiders. Analysts Set New Price Targets Read Our Latest Report on SITM SiTime Price Performance SITM stock opened at $129.78 on Thursday.
SiTime Co. has a 1-year low of $72.39 and a 1-year high of $268.
18. The business has a 50-day moving average price of $159.71 and a 200 day moving average price of $192.
44. The company has a market capitalization of $3.06 billion, a P/E ratio of -32.
04 and a beta of 1.98. SiTime Company Profile ( Free Report ) SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, Singapore, and internationally.
The company provides resonators and clock integrated circuits, and various types of oscillators. It serves various markets, including communications, datacenter, enterprise, automotive, industrial, internet of things, mobile, consumer, and aerospace and defense. Featured Articles Want to see what other hedge funds are holding SITM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for SiTime Co. ( NASDAQ:SITM – Free Report ). Receive News & Ratings for SiTime Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SiTime and related companies with MarketBeat.
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