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HighTower Advisors LLC Acquires 14,859 Shares of SiTime Corporation $SITM
HighTower Advisors LLC significantly increased its stake in SiTime Corporation, purchasing an additional 14,859 shares to bring its total holdings to 30,368 shares, valued at approximately $9.15 million. This move is part of broader institutional investment trends, with several major firms also adjusting their positions in SiTime. Despite the company remaining unprofitable with a negative net margin, SiTime recently surpassed analyst expectations for EPS and revenue, though insiders have engaged in notable share sales.