New York, Jan 25, 2026, 20:16 EST — Market closed
SiTime Corp shares dropped 5.5% on Friday, closing at $342.90 and adding to a late-week decline as U.S. markets headed into the weekend. The stock started the day at $363.45, fluctuated between $341.44 and $367.49, and ended down $19.90 on roughly 222,000 shares traded.
Trading won’t resume until Monday, leaving all eyes on SiTime’s next update about demand and margins. Its timing parts power many electronics, yet the stock can swing dramatically when expectations change.
The broader semiconductor sector also dipped. On Friday, the iShares Semiconductor ETF, a key benchmark for chip stocks, dropped 1.1%.
A regulatory filing Friday revealed new director Faraj Aalaei was granted 1,083 restricted stock units (RSUs) — stock awards that usually vest over time instead of being bought outright. The Form 4, which reports insider transactions, recorded the award date as Jan. 21 and showed the shares were issued at $0. (SEC)
SiTime revealed earlier this week that it has increased its board size to nine directors, naming Aalaei—founder of AI software firm Cognichip—as a Class II director. The filing also confirmed his appointment to the compensation and talent committee. (SEC)
In a related announcement, CEO Rajesh Vashist highlighted that Aalaei’s background in AI, networking, and communications “aligns with SiTime’s ambitions.” The company also reported that its communications, enterprise, and data center segment has more than doubled year-on-year in each of the last six quarters through Q3. (SEC)
SiTime positions itself as a precision-timing provider, offering programmable clock and oscillator chips designed to keep signals synchronized across devices from networking equipment to industrial systems. This specialized market gains from demand for faster connections and more precise timing, yet it remains vulnerable to fluctuations in electronics spending.
Still, insider filings linked to director appointments usually reveal more about how compensation is structured than genuine confidence in the stock. The real threat lies in guidance — not governance — shifting investors’ expectations on growth pace and the margin price tag.
Traders will be watching closely to see if Friday’s momentum carries over into Monday, especially to gauge if the chip sector can stabilize after last week’s decline. In this quiet news period, any new filings or company remarks could quickly shift sentiment.
SiTime’s Q4 results drop after the close on Feb. 4, with a conference call set for 2 p.m. Pacific. (Nasdaq)