Kreindl Torsten, a director at SITIME Corp (NASDAQ:SITM), sold 710 shares of common stock on May 21, 2026, for a total value of $511,200.
The shares were sold at $720 each, slightly above the current trading price of $711.79. This follows a remarkable 249% return over the past year, though the stock has declined 8% in the past week.
After the transaction, Mr. Kreindl directly owns 13,141 shares. According to Bond.az analysis, SITM currently trades above its Fair Value, placing it among overvalued stocks.
In other recent news, SiTime Corporation reported strong Q1 2026 results. Earnings per share reached $1.44, beating analyst estimates of $1.17. Revenue was $113.57 million, exceeding projections by 9.78%.
Additionally, SiTime filed financial statements related to its acquisition of the Timing Product Business from Renesas Electronics America Inc., a strategic move to expand its portfolio.
