Allegro MicroSystems (ALGM) News Today

$28.28
+1.01 (+3.70%)
(As of 12:33 PM ET)
Jefferies Financial Group Initiates Coverage on Allegro MicroSystems (NASDAQ:ALGM)
Jefferies Financial Group started coverage on Allegro MicroSystems in a research note on Monday. They issued a "buy" rating and a $37.00 target price on the stock.
Allegro MicroSystems (NASDAQ:ALGM) PT Lowered to $35.00
Allegro MicroSystems (NASDAQ:ALGM) Price Target Cut to $32.00
Allegro MicroSystems (NASDAQ:ALGM) PT Lowered to $32.00
Barclays reduced their price target on Allegro MicroSystems from $35.00 to $32.00 and set an "overweight" rating on the stock in a research note on Friday.
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Sold by TimesSquare Capital Management LLC
TimesSquare Capital Management LLC trimmed its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 51.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 363,400 shares of the company's stock aft
Q4 2024 Allegro Microsystems Inc Earnings Call
Allegro MicroSystems (NASDAQ:ALGM) Reaches New 12-Month Low at $23.64
Allegro MicroSystems (NASDAQ:ALGM) Reaches New 12-Month Low at $23.64
Allegro MicroSystems (NASDAQ:ALGM) Updates Q1 2025 Earnings Guidance
Allegro MicroSystems (NASDAQ:ALGM) updated its first quarter 2025 earnings guidance. The company provided EPS guidance of 0.010-0.030 for the period, compared to the consensus estimate of 0.170. The company also issued revenue guidance of $160.0 millionillion-$170.0 millionillion, compared to the consensus estimate of $214.3 millionillion.
What Wall Street expects from Allegro Microsystems's earnings
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Purchased by State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D raised its position in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 41.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 91,566 shares of the company's stock after purchasing an additional 26,639 sh
South Dakota Investment Council Takes $1.06 Million Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)
South Dakota Investment Council purchased a new position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 35,000 shares of the
Allegro MicroSystems Stock: I Am Still Cautious
Allegro MicroSystems, Inc. (ALGM)
Investors Purchase Large Volume of Put Options on Allegro MicroSystems (NASDAQ:ALGM)
Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) was the target of some unusual options trading on Friday. Traders bought 18,539 put options on the company. This represents an increase of 642% compared to the typical volume of 2,499 put options.
Raymond James & Associates Reduces Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)
Raymond James & Associates decreased its holdings in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 44.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,310 shares of the co
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Given Consensus Recommendation of "Moderate Buy" by Brokerages
Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) has been given an average recommendation of "Moderate Buy" by the four ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and three have assigned a buy rati
Allegro MicroSystems (NASDAQ:ALGM) Coverage Initiated at Evercore ISI
Evercore ISI started coverage on Allegro MicroSystems in a report on Tuesday. They issued an "outperform" rating and a $36.00 target price on the stock.
Harel Insurance Investments & Financial Services Ltd. Reduces Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)
Harel Insurance Investments & Financial Services Ltd. lessened its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 47.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 47,430 shares
Allspring Global Investments Holdings LLC Sells 743,365 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)
Allspring Global Investments Holdings LLC trimmed its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 22.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,576,270 shares of the compa
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Allegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Sold by Redwood Investments LLC
Redwood Investments LLC lowered its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 63.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 106,541 shares of the company's stock after selling 182,984 shares during
Vanguard Group Inc. Increases Stock Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)
Vanguard Group Inc. increased its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 5.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,361,938 shares of the company's stock after purchasing an additio
Allegro MicroSystems, Inc. (NASDAQ:ALGM) Short Interest Up 9.6% in February
Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) was the recipient of a large increase in short interest in the month of February. As of February 29th, there was short interest totalling 7,870,000 shares, an increase of 9.6% from the February 14th total of 7,180,000 shares. Currently, 10.1% of the company's stock are short sold. Based on an average daily trading volume, of 1,740,000 shares, the short-interest ratio is currently 4.5 days.
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This page (NASDAQ:ALGM) was last updated on 5/14/2024 by MarketBeat.com Staff

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