SiTime (NASDAQ:SITM) Insider Fariborz Assaderaghi Sells 1,500 Shares
SiTime insider Fariborz Assaderaghi sold 1,500 shares at $291.58 each, totaling $437,370. Post-sale, Assaderaghi owns 84,815 shares, a 1.74% decrease. The transaction was disclosed to the SEC. SiTime's stock rose 12.5%, with a market cap of $9.04 billion. Analysts rate the stock as a "Moderate Buy" with a $332.14 target price. Hedge funds have increased their positions in SiTime.
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