Intel stock spikes after report of possible US government stake
Elizabeth A. Howe, Executive Vice President and Chief Financial Officer of SITIME Corp (NASDAQ:SITM), sold 1,500 shares of common stock on August 6, 2025. The shares were sold at a price of $208, for a total transaction value of $312,000. The sale comes as SITM trades near $210.7, with the stock showing strong momentum, delivering an 87% return over the past year. InvestingPro analysis indicates the stock is trading above its Fair Value, with analysts setting price targets between $180 and $275.
Following the transaction, Howe directly owns 71,474 shares of SITIME Corp, which includes 62,311 unvested restricted stock units and performance-based restricted stock units. The $5.37 billion market cap company maintains strong liquidity with a current ratio of 4.87. Get deeper insights into SITM’s insider transactions and 13 additional InvestingPro Tips with a subscription.
In other recent news, SiTime Corporation reported second-quarter earnings that exceeded analyst expectations, fueled by strong demand for its precision timing solutions in AI applications. The company posted adjusted earnings per share of $0.47, significantly surpassing the analyst estimate of $0.21. Revenue for the quarter reached $69.5 million, exceeding the consensus estimate of $57.79 million and marking a 58.3% year-over-year increase from $43.9 million. These earnings results highlight the company’s robust performance in the current market environment. No major mergers or acquisitions were reported for SiTime in this period. Analyst firms have yet to provide any upgrades or downgrades following the earnings announcement. Other company news did not feature prominently in recent reports. These developments reflect SiTime’s current standing and activities in the market.
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