Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. SiTime Corp shares valued at $163,630 were sold by Sevalia Piyush B on Mar 03 ’25. At $157.64 per share, Sevalia Piyush B sold 1,038 shares. The insider’s holdings dropped to 92,847 shares worth approximately $16.92 million following the completion of this transaction.
Also, Pangrazio Vincent P purchased 3,000 shares, netting a total of over 540,000 in proceeds.
Before that, PIYUSH B. SEVALIA had added 543 shares to its account. In a trade valued at $82,764, the Officer bought SiTime Corp shares for $152.42 each.
As published in a research note from Barclays on August 27, 2024, SiTime Corp [SITM] has been rated down from an Equal weight to an Underweight and the price target has been revised to $90. Analysts at Needham upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early May. As of July 20, 2023, Wolfe Research has initiated its “an Outperform” rating for SITM. Earlier on May 05, 2023, Barclays downgraded its rating. Their new recommendation was “an Equal weight” for SITM stock which previously was a “an Overweight”.
Analyzing SITM Stock Performance
During the last five days, there has been a surge of approximately 8.47%. Over the course of the year, SiTime Corp shares have dropped approximately -15.07%. Shares of the company reached a 52-week high of $261.62 on 01/22/25 and a 52-week low of $145.55 on 02/28/25. A 50-day SMA is recorded $204.14, while a 200-day SMA reached $171.75.
Support And Resistance Levels for SiTime Corp (SITM)
According to the 24-hour chart, there is a support level at 164.49, which, if violated, would cause prices to drop to 146.78. In the upper region, resistance lies at 191.29. The next price resistance is at 200.38. RSI (Relative Strength Index) is 50.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -6.20, which suggests the price will decrease in the coming days. Percent R is at 13.32%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
