Trillium Asset Management LLC Acquires Shares of 143,348 Allegro MicroSystems, Inc. $ALGM
Trillium Asset Management LLC recently acquired 143,348 shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM) valued at approximately $9.98 million, increasing institutional ownership to 56.45%. Allegro MicroSystems reported strong quarterly earnings, beating analyst estimates with $0.23 EPS and a 27.5% year-over-year revenue increase. Despite a dip in stock price and recent insider share sales, analysts maintain a "Moderate Buy" rating with an average target price of $53.45.
Allegro Microsystems Inc (ALGM) Shares Fall 3.0% -- What GF Score of 85 Tells Investors
Allegro Microsystems Inc (ALGM) shares recently dropped 3.0%, continuing a downward trend, and are currently assessed as "Modestly Overvalued" by GF Value™ despite a strong GF Score™ of 85/100. The company's P/E ratio is significantly above its historical median, and insider selling activity without corresponding buying raises caution for potential investors. The GF Score indicates strong momentum, financial strength, and profitability, but its valuation rank is moderate.
Lisanti Capital Growth LLC Takes $7.51 Million Position in Allegro MicroSystems, Inc. $ALGM
Lisanti Capital Growth LLC has acquired a new stake of 107,865 shares, valued at $7.51 million, in Allegro MicroSystems (ALGM), making it 1.7% of their portfolio. Other institutional investors also increased their holdings in ALGM, contributing to 56.45% institutional ownership. Despite recent insider selling and a 2.6% drop in stock price, analysts maintain a "Moderate Buy" rating with an average price target of $53.45.
Marvell Technology, Vishay Intertechnology, and Allegro MicroSystems Shares Plummet, What You Need To Know
Marvell Technology, Vishay Intertechnology, and Allegro MicroSystems shares dropped significantly following a 19-year high in the 30-year U.S. Treasury yield and sustained high oil prices. This market reaction is attributed to the increased discount rate affecting future earnings of chip stocks and higher financing costs for data-center infrastructure. Vishay Intertechnology's shares experienced a 10.2% decline, reflecting broad investor concerns despite some positive recent earnings reports.
Allegro MicroSystems (NASDAQ: ALGM) director sells 1,000 shares under trading plan
Allegro MicroSystems (NASDAQ: ALGM) director Jennie Raubacher sold 1,000 shares of common stock at $45.32 per share on August 17, 2026, under a Rule 10b5-1 trading plan. Following this transaction, Raubacher directly holds 13,976 shares. The sale and plan details were disclosed in an SEC Form 4 filing.
Allegro MicroSystems (NASDAQ:ALGM) Shares Down 9.6% - Here's Why
Allegro MicroSystems (NASDAQ:ALGM) shares dropped 9.6% following a downgrade from Barclays, despite the company's recent quarterly results exceeding expectations with EPS of $0.23 and revenue of $259.24 million. The stock still holds a "Moderate Buy" consensus rating with an average price target of $53.45. Insider selling has occurred, but institutional investors like BlackRock and Invesco have increased their positions.
ALLEGRO MICROSYSTEMS, INC. SEC Filing (Aug 17, 2026)
This article details an SEC Form 144 filing by Allegro MicroSystems, Inc. (ALGM) on August 17, 2026. The filing indicates a proposed sale of 1,000 shares of common stock with an aggregate market value of $45,320, acquired through restricted stock vesting. The document also includes general information about the company's stock performance and recent news.
143,870 Shares in Allegro MicroSystems, Inc. $ALGM Purchased by Nippon Life Global Investors Americas Inc.
Nippon Life Global Investors Americas Inc. has purchased 143,870 shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM) valued at approximately $10 million, increasing institutional ownership to 56.45%. Despite insider selling totaling $599,170 over the last 90 days, analysts maintain a "Moderate Buy" rating with an average price target of $53.45. Allegro MicroSystems reported strong quarterly earnings, exceeding analyst expectations with a 27.5% year-over-year revenue increase.
Bank of America Corp DE Acquires 278,798 Shares of Allegro MicroSystems, Inc. $ALGM
Bank of America Corp DE significantly increased its stake in Allegro MicroSystems, Inc. by acquiring 278,798 additional shares in the first quarter, bringing its total holdings to 855,453 shares valued at approximately $27.0 million. This move is part of broader institutional interest, with collective ownership of 56.45% by institutional investors, despite some insider selling. Analysts generally maintain a "Moderate Buy" rating for Allegro, with an average price target of $53.45, following the company's better-than-expected quarterly earnings.
State of Wyoming Invests $2.25 Million in Allegro MicroSystems, Inc. $ALGM
The State of Wyoming recently invested $2.25 million in Allegro MicroSystems, Inc. ($ALGM) by acquiring 32,269 shares during the second quarter. This move highlights institutional confidence in the company, which saw strong Q2 earnings, beating analyst expectations with $0.23 EPS and $259.24 million in revenue. Despite some insider stock sales and target reductions, analysts maintain a "Moderate Buy" rating with an average price target of $53.45.
Allegro MicroSystems (NASDAQ:ALGM) Rating Increased to Strong-Buy at Benchmark
Benchmark has upgraded Allegro MicroSystems (NASDAQ:ALGM) to a "strong-buy" rating, while the overall analyst consensus remains a "moderate buy" with an average price target of $53.45. The company's latest quarterly results surpassed expectations, with adjusted EPS of $0.23 and revenue of $259.24 million, marking a 27.5% year-over-year sales increase. Despite a high P/E ratio of 739.96 and recent insider share sales totaling around $709,000, institutional investors have shown varied activity in the stock.
Did Insider Selling and New Bullish Coverage Just Shift Allegro MicroSystems' (ALGM) Investment Narrative?
Allegro MicroSystems (ALGM) recently saw a senior vice president sell company stock, while Benchmark initiated bullish analyst coverage. This conflicting information creates a nuanced investment outlook, with analysts focusing on the company's strong Q2 sales guidance and progress in EV, industrial automation, and data center markets, despite concerns about margin pressure and R&D spending. The article explores how these differing signals influence investor perception of Allegro’s future.
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Given Average Recommendation of "Moderate Buy" by Analysts
Allegro MicroSystems (NASDAQ:ALGM) has received a consensus "Moderate Buy" rating from analysts, with an average 12-month price target of $53.45. The company recently surpassed quarterly earnings expectations, reporting EPS of $0.23 and revenue of $259.24 million, and provided strong Q2 2027 guidance. Despite some insider selling, institutional investors hold over 56% of the stock.
Allegro MicroSystems Jumps 6.9% After Benchmark Initiates at Buy
Allegro MicroSystems (NASDAQ:ALGM) shares surged 6.9% after Benchmark initiated coverage with a Buy rating and a $60 price target. This analyst endorsement and positive sentiment from the semiconductor sector led to active trading, with 567,985 shares changing hands. The rally reflects renewed investor interest and confidence in the company's potential for significant upside.
Allegro MicroSystems Jumps 6.9% After Benchmark Initiates at Buy
Allegro MicroSystems (NASDAQ:ALGM) stock jumped 6.9% after Benchmark initiated coverage with a Buy rating and a $60 price target. The bullish endorsement led to active trading, with 567,985 shares changing hands. Investors will be watching for further analyst actions and company-specific news to see if the stock can sustain its momentum.
Allegro Microsystems started with Buy rating at Benchmark (ALGM:NASDAQ)
Benchmark initiated coverage on Allegro Microsystems (ALGM) with a Buy rating and a $60 price target, anticipating future growth driven by the automotive sector. Shares of ALGM saw a 1.9% increase in premarket trading following the news. The investment firm believes Allegro Microsystems is well-positioned for expansion within the automotive industry.
Erin Hagen Sells 2,285 Shares of Allegro MicroSystems (NASDAQ:ALGM) Stock
Erin Hagen, SVP of Allegro MicroSystems (NASDAQ:ALGM), sold 2,285 shares of the company's stock for $101,431.15, reducing her direct holdings by 6.85%. This transaction comes as Allegro MicroSystems reported strong quarterly earnings, beating estimates with $0.23 EPS and a 27.5% year-over-year revenue increase. The company maintains a "Moderate Buy" consensus rating from analysts with an average price target of $52.80.
Allegro MicroSystems (ALGM) SVP Erin Hagen sells 2,285 shares under plan
Erin Hagen, SVP and Chief Human Resources Officer at Allegro MicroSystems, sold 2,285 shares of ALGM common stock on August 10, 2026, at $44.39 per share, totaling approximately $101,000. This transaction was conducted under a Rule 10b5-1 trading plan established on May 11, 2026. Following the sale, Hagen directly holds 31,052 shares of the company.
ALLEGRO MICROSYSTEMS, INC. SEC Filing (Aug 10, 2026)
This article reports on an SEC Form 144 filing by ALLEGRO MICROSYSTEMS, INC. (ALGM) on August 10, 2026. The filing indicates a proposed sale of 2285 shares of common stock, acquired through restricted stock vesting on May 16, 2026, with an aggregate market value of $101,431.15. The sale is to be conducted via Fidelity Brokerage Services LLC on NASDAQ.
California State Teachers Retirement System Raises Stock Holdings in Allegro MicroSystems, Inc. $ALGM
The California State Teachers Retirement System significantly increased its stake in Allegro MicroSystems (NASDAQ:ALGM) by 21.8% in the first quarter, bringing its total holdings to 149,826 shares. This move comes as institutional investors collectively own 56.45% of the company, and Allegro MicroSystems reported strong quarterly earnings, beating analyst estimates for both EPS and revenue. Despite favorable analyst sentiment with an average "Moderate Buy" rating, company insiders have sold shares worth approximately $3.2 million in the last 90 days.
Renaissance Technologies LLC Trims Position in Allegro MicroSystems, Inc. $ALGM
Renaissance Technologies LLC significantly reduced its stake in Allegro MicroSystems (NASDAQ:ALGM) by 71.6% in the first quarter, selling 312,300 shares and retaining 123,900 shares valued at approximately $3.9 million. Despite this reduction, institutional investors collectively hold 56.45% of the company's stock. Analysts generally maintain a "Moderate Buy" rating with an average price target of $52.80, following strong Q1 results where Allegro exceeded EPS and revenue estimates, though Barclays downgraded the stock to "equal weight."
Allegro MicroSystems, Inc. $ALGM Shares Purchased by Quantinno Capital Management LP
Quantinno Capital Management LP significantly increased its stake in Allegro MicroSystems (ALGM) by 104.9% during the first quarter, now owning 133,902 shares valued at approximately $4.2 million. Despite this institutional buying and a "Moderate Buy" consensus rating from analysts, company insiders have recently sold over 68,000 shares. Allegro MicroSystems exceeded Q1 earnings expectations, reporting $0.23 EPS against an estimated $0.21, and revenue of $259.24 million, marking a 27.5% year-over-year increase.
Allegro MicroSystems shareholders elect directors and approve proposals at annual meeting
Allegro MicroSystems (NASDAQ:ALGM) held its Annual Meeting of Shareholders, where directors Jennie M. Raubacher, Brian C. White, and Robert J. Willett were elected. Shareholders also ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm and approved the company's executive compensation on an advisory basis. The meeting followed impressive first-quarter fiscal 2027 results, where the company surpassed Wall Street expectations in both earnings and revenue, marking its sixth consecutive quarter of sequential growth.
Allegro Microsystems (ALGM) awards stock to non-employee director Puma
Allegro Microsystems (ALGM) has granted 4,251 shares of common stock to non-employee director Mary G. Puma as part of her annual equity compensation. This award, fully vested and unrestricted, increases her direct holdings to 21,734 shares. The transaction, reported on August 5, 2026, was not a market purchase but an equity grant at a price of $0.00 per share.
Form 8K Allegro Microsystems Inc For: 7 August By Investing.com
This article reports on Allegro Microsystems Inc.'s Form 8K filing for August 7th. The brief notice highlights the company and its stock performance, noting a 3.11% increase. The content is primarily a placeholder for financial news, surrounded by various market data.
Allegro Microsystems (ALGM) awards director 4,251 fully vested shares
Allegro Microsystems (ALGM) director Joseph R. Martin was
Allegro MicroSystems shareholders elect directors and approve proposals at annual meeting
Allegro MicroSystems (NASDAQ: ALGM) shareholders elected three Class III Directors, ratified the appointment of PricewaterhouseCoopers LLP as their independent accounting firm for fiscal year 2027, and approved the company's executive compensation on an advisory basis. These decisions were made during the company's Annual Meeting of Shareholders. In related news, Allegro MicroSystems recently surpassed Wall Street expectations with strong first-quarter fiscal 2027 results, reporting adjusted earnings of $0.23 per share and revenue of $259.24 million.
FMR LLC (ALGM) reports 13.7% Allegro MicroSystems ownership in amended 13G
FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 13.7% in Allegro MicroSystems, Inc. (ALGM) common stock through an amended Schedule 13G filing. This amounts to 25,581,021.49 shares, with both FMR LLC and Abigail P. Johnson holding sole dispositive power over these shares. Additionally, the Select Semiconductors Portfolio's interest in Allegro MicroSystems was noted as 9.0% of the outstanding common stock, or 16,739,387.00 shares, as of June 30, 2026.
Allegro’s Q1 Profit Turnaround And Strong Outlook Might Change The Case For Investing In ALGM
Allegro MicroSystems (ALGM) reported a significant turnaround in Q1 2026, moving from a loss to a net income of US$15.87 million on sales of US$259.24 million, and provided strong Q2 guidance projecting 26% year-over-year sales growth. This performance, driven by its sensor and power IC portfolio in automotive and industrial markets, could positively reshape its investment narrative despite ongoing risks like pricing pressure and auto cyclicality. Simply Wall St's analysis projects a fair value of $56.55, indicating a 32% upside from its current price, but also notes that other analysts suggest the stock might be overvalued by as much as 43%.
Allegro MicroSystems, Inc. (ALGM) Stock Price, News, Quote & History
This article provides a comprehensive overview of Allegro MicroSystems, Inc. (ALGM) stock, including its current price, pre-market activity, historical performance, and key financial metrics. It details the company's business in semiconductor design for automotive and industrial markets, presents recent earnings trends, analyst ratings, and comparative data with similar companies in the sector.
Is Allegro MicroSystems (ALGM) Outperforming Other Computer and Technology Stocks This Year?
Allegro MicroSystems (ALGM) has significantly outperformed the Computer and Technology sector this year, with a 57.4% return compared to the sector's 14.6% gain. The company, which holds a Zacks Rank #2 (Buy), also shows stronger performance within its specific industry, Electronics - Semiconductors. Fortinet (FTNT) is another Computer and Technology stock highlighted for its even stronger performance, up 105.5% year-to-date.
Allegro MicroSystems, Inc. $ALGM Shares Acquired by Sei Investments Co.
Sei Investments Co. significantly increased its stake in Allegro MicroSystems (NASDAQ:ALGM) by 126% in Q1, acquiring an additional 122,065 shares. Institutional investors now own 56.45% of the company, while insiders sold shares totaling $3.2 million. Analysts maintain a positive outlook with a "Moderate Buy" rating and an average price target of $52.80, following Allegro MicroSystems' better-than-expected Q2 earnings and revenue.
Allegro MicroSystems (NASDAQ:ALGM) Raised to Buy at Wall Street Zen
Wall Street Zen upgraded Allegro MicroSystems (ALGM) from "Hold" to "Buy," though the overall analyst consensus remains a "Moderate Buy" with an average price target of $52.80. Allegro surpassed quarterly earnings and revenue expectations, reporting $0.23 EPS and $259.24 million in revenue, leading to positive sentiment from several analysts who raised price targets. Despite these positive indicators, shares opened below the consensus target, and some firms have recently cut price targets, while insiders have sold a significant amount of shares.
Allegro MicroSystems, Inc. $ALGM Shares Sold by Segall Bryant & Hamill LLC
Segall Bryant & Hamill LLC reduced its stake in Allegro MicroSystems (NASDAQ:ALGM) by 16.3% in the first quarter, selling over 203,000 shares but still retaining a significant holding. Despite this institutional selling, Allegro MicroSystems exceeded quarterly expectations with strong revenue growth and positive guidance, driven by demand in data-center, electrification, and automation sectors. Analyst sentiment remains generally positive with a "Moderate Buy" consensus, although some price targets have been lowered.
Analysts Offer Insights on Technology Companies: Rimini Street (RMNI), Allegro MicroSystems (ALGM) and Monolithic Power (MPWR)
Three technology companies, Rimini Street (RMNI), Allegro MicroSystems (ALGM), and Monolithic Power (MPWR), received bullish sentiments from analysts. Rimini Street was reiterated with a Buy rating and a $6.50 price target, while Allegro MicroSystems also maintained a Buy rating with a $48.00 price target. Monolithic Power received a reiterated Buy rating with a target of $1700.00.
Allegro MicroSystems (ALGM) Stock Defies Profit Rebound As Valuation Questions Persist
Allegro MicroSystems' Q1 2027 results showed a strong return to profitability with increased revenue and gross margins, driven by growth in automotive and data center segments. Despite these positive fundamentals and optimistic growth forecasts, the stock price has fallen 34% over the past month, suggesting investor caution around valuation and execution risks. The article highlights a disconnect between the company's improving performance and the market's current skeptical reaction, prompting a closer look at its valuation against long-term growth prospects.
BlackRock, Inc. Adds to Allegro Microsystems Inc (ALGM) Stake -- Shares Trade 39% Above GF Value
BlackRock, Inc. increased its stake in Allegro Microsystems Inc (ALGM) by purchasing 319,172 additional shares at $69.62 each, despite the stock subsequently dropping by over 40%. The semiconductor company, which serves automotive and industrial sectors, holds a GF Score of 85, indicating strong outperformance potential, but is currently valued as "Significantly Overvalued" by GuruFocus. Despite recent operational headwinds and a high P/E ratio of 691.67, BlackRock's move, alongside broader guru buying activity, suggests institutional confidence in ALGM's long-term prospects.
Mizuho Lowers Allegro MicroSystems (NASDAQ:ALGM) Price Target to $58.00
Mizuho has lowered its price target for Allegro MicroSystems (NASDAQ:ALGM) to $58.00 from $67.00, while maintaining an "outperform" rating, indicating a potential upside of 37.64%. The company recently exceeded quarterly earnings expectations with $0.23 EPS and $259.24 million in revenue, driven by strong data-center demand. Analyst sentiment is largely positive, with a consensus "Moderate Buy" rating and a target price of $52.80.
Why Allegro MicroSystems (ALGM) Stock Is Trading Lower Today
Allegro MicroSystems (ALGM) stock initially dropped 2.2% despite reporting strong fiscal first-quarter 2027 results and positive guidance, then recovered some losses. The volatility is attributed to a recent announcement of new U.S. tariffs on 60 trading partners, impacting the global semiconductor supply chain and potentially leading to long-term margin compression for U.S. hardware and semiconductor companies. Despite the recent dip, ALGM shares are up 55.7% year-to-date, though still significantly below their 52-week high.
Allegro MicroSystems 1Q FY2027: Revenue $259.2M, EPS $0.08— 10-Q Summary
Allegro MicroSystems reported strong first-quarter fiscal 2027 results, with net sales reaching $259.2 million and diluted earnings per share of $0.08. This performance was driven by robust demand across automotive and industrial markets, along with significant growth in power IC and magnetic sensor sales. The company also increased R&D spending to support future design wins and product launches, improving gross margin to 48.5%.
Allegro MicroSystems (NASDAQ: ALGM) returns to profit as Q1 sales jump 27%
Allegro MicroSystems (NASDAQ: ALGM) reported a significant return to profitability in Q1 2027, with net sales increasing 27.5% year-over-year to $259.2 million and net income reaching $15.9 million, compared to a loss in the prior year. This growth was fueled by strong demand in automotive, industrial, and AI data center markets. The company's gross margin expanded to 48.5%, indicating improved operational efficiency and product mix, despite increased operating cash outflows due to higher compensation payments, inventory builds, and an advance payment to a foundry partner.
Allegro MicroSystems : Quarterly Report for Quarter Ending June 26, 2026 (Form 10-Q)
Allegro MicroSystems reported significant growth for the quarter ending June 26, 2026, with total net sales increasing by 27.5% to $259.2 million and net income reaching $15.9 million, a substantial improvement from a net loss in the prior year. This growth was driven by strong demand in automotive and industrial markets, particularly for magnetic sensors and power integrated circuits. The company highlights its strategic focus on design wins, cost management, and expansion into key markets to sustain future growth despite inflationary pressures and the cyclical nature of the semiconductor industry.
Allegro MicroSystems (ALGM) Posted Strong Q1 Results, Is The Pullback A Buying Opportunity?
Allegro MicroSystems (ALGM) reported strong fiscal Q1 results with US$259.24 million in sales and US$15.87 million in net income, alongside positive guidance, yet its stock has seen a significant pullback recently. Despite the short-term decline, year-to-date and one-year returns remain strong, prompting a debate on whether the market is overly cautious or correctly pricing in risks like pricing pressure in China and heavy automotive sector reliance. Analysts currently see ALGM as undervalued, with a fair value around $56.55, although a Discounted Cash Flow model suggests it might be expensive based on future cash flows.
TD Cowen Maintains Allegro Microsystems(ALGM.US) With Buy Rating, Cuts Target Price to $48
TD Cowen has reiterated its Buy rating for Allegro Microsystems (ALGM.US) but has lowered the price target to $48 from the previous target of $52. This adjustment reflects an updated valuation by the firm while maintaining a positive outlook on the company's stock.
First Trust Advisors LP Has $13.08 Million Holdings in Allegro MicroSystems, Inc. $ALGM
First Trust Advisors LP reduced its stake in Allegro MicroSystems (ALGM) by 7.6% but still holds 414,897 shares valued at $13.08 million. The company recently exceeded Q1 earnings expectations with EPS of $0.23 and revenue of $259.24 million, and analysts maintain a generally positive outlook with an average price target of $55.40. Despite strong revenue growth and positive guidance, concerns about its high valuation and negative net margin persist, while insiders have been net sellers of the stock.
Allegro MicroSystems, Inc. 2027 Q1 - Results - Earnings Call Presentation (NASDAQ:ALGM) 2026-07-30
Allegro MicroSystems, Inc. (ALGM) published its Q1 2027 earnings call presentation. The company reported EPS of $0.23, beating estimates by $0.02, and revenue of $259.24 million, which was up 27.45% year-over-year and beat estimates by $7.51 million. This article provides access to the slide deck presented during the earnings call.
Needham & Company LLC Raises Allegro MicroSystems (NASDAQ:ALGM) Price Target to $57.00
Needham & Company LLC increased its price target for Allegro MicroSystems (NASDAQ:ALGM) to $57.00 from $55.00, reiterating a "buy" rating. This adjustment implies a potential upside of over 40% from the current share price, aligning with a generally positive analyst consensus of "Moderate Buy." The company recently reported strong quarterly earnings, beating expectations with an EPS of $0.23 and revenue of $259.24 million, a 27.5% year-over-year increase.
Allegro MicroSystems Q1 Earnings Call Highlights
Allegro MicroSystems (NASDAQ: ALGM) reported strong fiscal Q1 2027 results, with sales up 27% year-over-year to $259 million and non-GAAP EPS surging 156% to $0.23, driven by data centers, automotive growth, and emerging robotics. The company saw improved product mix and operating leverage, lifting gross margins to 51.1%. Allegro projects continued momentum with Q2 revenue of $265 million–$275 million and EPS of $0.23–$0.26, underscoring its strategic focus on AI, electrification, and automation.
Allegro MicroSystems Releases Q1 2027 Financial Results
Allegro MicroSystems (ALGM) announced strong Q1 2027 financial results, with revenue of $259.2M surpassing estimates by 3.0% and Non-GAAP Diluted EPS of $0.23 exceeding expectations by 9.5%. The company experienced significant year-over-year revenue growth of 27.0%, driven by its automotive business and expanding data center presence. Management issued optimistic Q2 2027 guidance, and analysts maintain a bullish outlook with mostly "buy" ratings for the company.
Allegro MicroSystems ticks up on strong Q2 results (ALGM:NASDAQ)
Allegro MicroSystems (ALGM) saw its shares rise by 1% in premarket trading after reporting stronger-than-expected second-quarter results. The semiconductor company achieved an adjusted earnings per share of $0.23 and a revenue increase of 21% year-over-year, reaching $259.24 million, surpassing analyst expectations.
