SITM SITIME Corp
Price Chart
Executive Summary
A single large 10% owner, MegaChips Corp, sold $311.8M worth of SITM shares (~1.5% of market cap, a significant amount) in an open-market sale on May 14, 2026. This follows SITM's strong Q1 2026 earnings (revenue +88% YoY, non-GAAP EPS beat) reported on May 6. The insider cluster is a sell-only event by a strategic holder, not management, and its size relative to market cap is material.
Key Financial Metrics
Actionable Insight
A 10% owner selling ~1.5% of market cap post-earnings is a significant overhang. Monitor for further filings (Form 4 for additional sales, Schedule 13D amendment). The stock has rallied ~90% T+20 on prior neutral reports — this sale may indicate the large holder is taking profits at elevated levels. Watch for price support below the $779.50 trade price.
Key Facts
- MegaChips Corp, a 10% owner, sold 400,000 shares on 2026-05-14 at $779.50/share for total proceeds of $311.8M.
- The sale represents ~1.5% of SITM's $20.4B market cap, exceeding the 0.5-2% threshold for material insider selling.
- Director Akira Takata sold 1,500 shares for $1.29M on 2026-05-12, a much smaller sale relative to MegaChips.
- Director Christine Heckart gifted 9,305 shares on 2026-05-14 — a non-cash transaction with zero economic signal for valuation.
- SITM reported Q1 2026 net revenue of $113.6M (+88.3% YoY) and non-GAAP EPS of $1.44 on May 6, 2026.
- All in the cluster are sells by non-C-suite insiders (10% owner and two directors).
- The cross-filing context includes earnings + insider cluster, which is an AMPLIFIER per actuarial verdicts.
Financial Impact
MegaChips Corp sold ~1.5% of market cap ($311.8M) in a single open-market transaction; $1.29M secondary sale by director Takata.
Risk Factors
- Further sales by MegaChips Corp if this is part of a larger distribution plan.
- Downward price pressure from the ~400K share overhang needing to be absorbed.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SITM-1779150532173 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
3d ago
|
Institutional Cluster
| $690.00 awaiting T+5 | awaiting T+5 | — | $729.89 (+5.78%) |
|
Jun 6, 2026
9d ago
|
Insider Cluster
| $670.00 awaiting T+5 | awaiting T+5 | — | $729.89 (+8.94%) |
|
Jun 4, 2026
10d ago
|
Insider Cluster
| $670.00 awaiting T+5 | awaiting T+5 | — | $729.89 (+8.94%) |
|
May 22, 2026
23d ago
|
Insider Cluster
| $728.56 $665.01 | ▲ +8.72% | ▲ +10.40% | $729.89 (−0.18%) |
|
May 19, 2026
26d ago
|
424B5
| $693.66 $725.48 | ▼ −4.59% | ▼ −2.34% | $729.89 (−5.22%) |
|
May 18, 2026
27d ago
|
Insider Cluster
| $693.66 $725.48 | ▼ −4.59% | ▼ −2.34% | $729.89 (−5.22%) |
|
May 18, 2026
27d ago
|
Insider Cluster
| $693.66 $725.48 | ▲ +4.59% | ▲ +2.34% | $729.89 (+5.22%) |
|
May 14, 2026
4w ago
|
144
| $820.21 $711.79 | ▲ +13.22% | ▲ +12.50% | $729.89 (+11.01%) |
|
May 11, 2026
4w ago
|
8-K
| $901.48 $725.59 | ▼ −19.51% | ▼ −19.43% | $729.89 (−19.03%) |
|
Apr 15, 2026
8w ago
|
DEFA14A
| $470.56 $556.13 | ▲ +18.18% | ▲ +17.20% | $729.89 (+55.11%) |
US Market Status
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