Director Katherine Schuelke sells $349,025 in SITIME Corp stock

Director Katherine Schuelke of SITIME Corp (NASDAQ:SITM) recently sold 500 shares of the company's common stock on August 11, 2026, for a total of $349,025. The stock has seen a significant 212% increase over the past year, currently trading at $680.52, slightly below the sale price. Despite this, Ms. Schuelke still holds 12,010 shares in total, including 390 shares that will vest from a restricted stock unit award.

Meanwhile, SiTime Corp reported impressive Q2 2026 financial results, with revenue up 127% year-over-year to $157.4 million, driven by strong demand across its business segments. The company's non-GAAP earnings per share reached $2.34, surpassing expectations. Needham raised its price target for SiTime to $900, citing the company's growth in the communications, enterprise, and data center sectors and its strong management team.

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