Rajesh Vashist, SiTime CEO, sells $579.5k in SITM stock

Published 05/11/2025, 00:34
Rajesh Vashist, SiTime CEO, sells $579.5k in SITM stock

SiTime Corp NASDAQ:SITM Chief Executive Officer Rajesh Vashist, sold 2,000 shares of common stock on November 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold in two separate transactions, with prices ranging from $289.0 to $290.5, for a total value of $579,500. The sale comes as SiTime’s stock has surged 62.6% over the past year and 70.5% in the last six months, according to InvestingPro data.

Following the transactions, Vashist directly owns 449,208 shares of SiTime Corp. common stock. This figure includes 280,158 shares of common stock issuable pursuant to previously reported restricted stock units and performance-based restricted stock units that have not vested.

Vashist also indirectly owns 1,809 shares through the Aldebran Rajesh Family Dynasty Trust DTD 09/23/2021, 1,809 shares through the Aldebran Rohini Family Dynasty Trust DTD 09/23/2021, and 24,781 shares through Aldebran Constellation LLC. Vashist has voting and investment power over the shares held by these entities.

The sale was reported to the SEC on November 4, 2025.

In other recent news, SiTime Corporation has seen a series of analyst actions following its recent developments. Stifel raised its price target for SiTime to $320 from $240, maintaining a Buy rating, after the company launched its Titan Platform, marking its entry into the $4 billion resonator market. Raymond James also adjusted its outlook, increasing the price target to $270 from $250 and keeping an Outperform rating, citing confidence in SiTime’s market expansion efforts after discussions with the company’s management. UBS initiated coverage on SiTime with a Buy rating and a $260 price target, highlighting the company’s potential growth driven by artificial intelligence applications. Additionally, Stifel reiterated a Buy rating with a $240 price target, emphasizing SiTime’s unique position due to its programmability advantages. Meanwhile, CyTime Corporation reported strong financial performance for Q2 2025, with earnings per share of $0.47, significantly surpassing the forecasted $0.21. CyTime’s revenue also exceeded expectations, reaching $69.5 million against the forecast of $57.79 million. These developments suggest active interest and confidence from analysts in both SiTime and CyTime’s future prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.