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Ahamad Samsheer, Senior Vice President of Finance and Chief Accounting Officer at SITIME Corp (NASDAQ:SITM), recently sold 4,000 shares of the company’s common stock. The transaction, which took place on June 2, 2025, was executed at a price of $200 per share, amounting to a total value of $800,000. The sale price was near the current trading level of $205.49, with the stock showing strong momentum, gaining over 70% in the past year. According to InvestingPro analysis, SITM is currently trading above its Fair Value.
Following this sale, Samsheer holds 72,021 shares directly. This figure includes 31,440 shares tied to restricted stock units and performance-based restricted stock units that have yet to vest. These units are contingent on time-based vesting and specific performance criteria related to the company’s stock price. With a market capitalization of $4.85 billion and a beta of 2.22, SITM exhibits significant price volatility. InvestingPro subscribers can access 15+ additional insights about SITM’s market dynamics and valuation metrics.
The sale was conducted as part of a pre-arranged trading plan, commonly known as a 10b5-1 plan, which allows insiders to sell stock at predetermined times to avoid potential accusations of insider trading. Analyst price targets for SITM currently range from $135 to $275, reflecting mixed opinions about the company’s future prospects.
In other recent news, SiTime Corporation reported impressive first-quarter 2025 financial results, surpassing Wall Street’s expectations. The company achieved an earnings per share of $0.26, significantly exceeding the anticipated $0.11, while revenue reached $60.3 million, beating the forecasted $53.45 million. SiTime also provided guidance for the second quarter, projecting revenue of $64.7 million, indicating continued growth. Additionally, SiTime’s Annual Meeting of Stockholders saw the approval of key proposals, including the election of directors and executive compensation, reflecting shareholder confidence in the company’s governance.
The company’s strong performance is attributed to growth in strategic markets such as AI and data centers. During the earnings call, CEO Rajesh Vashist highlighted the company’s leadership in precision timing technology and its focus on expanding in high-value timing markets. The company continues to invest in product capabilities and manufacturing improvements to maintain its competitive edge.
SiTime’s diverse customer segments, including communications, enterprise, and data centers, contributed significantly to the revenue increase. Analysts noted that SiTime’s data center business remains robust, with continued momentum expected throughout the year. The company also reaffirmed its commitment to achieving 60% gross margins by the end of the year, despite the pressure from new consumer business segments.
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