Allegro MicroSystems (ALGM) News Today → CEO of Biggest AI Chipmaker Just Dropped a Bombshell… (From Banyan Hill Publishing) (Ad) Free ALGM Stock Alerts $29.65 -0.10 (-0.34%) (As of 05/17/2024 ET) Add Compare Share Share HeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative May 18 at 10:44 AM | marketbeat.comNavellier & Associates Inc. Cuts Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Navellier & Associates Inc. lowered its holdings in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 91.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,955 shares of the companyMay 17 at 6:47 AM | marketbeat.comJump Financial LLC Has $1.25 Million Stock Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Jump Financial LLC trimmed its position in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 78.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,395 shares of the company's stock after selling 150,628 shareMay 16 at 8:00 AM | globenewswire.comAllegro MicroSystems to Present at TD Cowen's Technology, Media & Telecom Conference on May 29May 15, 2024 | americanbankingnews.comAllegro MicroSystems (NASDAQ:ALGM) Coverage Initiated by Analysts at Jefferies Financial GroupMay 13, 2024 | markets.businessinsider.comAllegro Microsystems Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)May 13, 2024 | finance.yahoo.comChip Factory Backed by Private Equity Gets $200 Million in Government GrantsMay 13, 2024 | marketbeat.comJefferies 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.May 13, 2024 | businesswire.comPolar Semiconductor Announces Plans to Expand Semiconductor Manufacturing Facility in MinnesotaMay 12, 2024 | americanbankingnews.comAllegro MicroSystems (NASDAQ:ALGM) PT Lowered to $35.00May 12, 2024 | americanbankingnews.comAllegro MicroSystems (NASDAQ:ALGM) Price Target Cut to $32.00May 11, 2024 | finance.yahoo.comRevenue Downgrade: Here's What Analysts Forecast For Allegro MicroSystems, Inc. (NASDAQ:ALGM)May 11, 2024 | americanbankingnews.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Given Average Rating of "Moderate Buy" by AnalystsMay 11, 2024 | americanbankingnews.comHead to Head Survey: VIA optronics (NYSE:VIAO) and Allegro MicroSystems (NASDAQ:ALGM)May 10, 2024 | finance.yahoo.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Q4 2024 Earnings Call TranscriptMay 10, 2024 | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) PT Lowered to $32.00Barclays 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.May 10, 2024 | msn.comThese Analysts Cut Their Forecasts On Allegro MicroSystems Following Q4 ResultsMay 10, 2024 | finance.yahoo.comAllegro Microsystems Inc (ALGM) Surpasses Analyst Revenue Forecasts with Record Sales in Fiscal ...May 10, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Sold by TimesSquare Capital Management LLCTimesSquare 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 aftMay 10, 2024 | americanbankingnews.comNeedham & Company LLC Trims Allegro MicroSystems (NASDAQ:ALGM) Target Price to $33.00May 10, 2024 | finance.yahoo.comAllegro MicroSystems's (NASDAQ:ALGM) Q1 Sales Top Estimates But Quarterly Guidance UnderwhelmsMay 10, 2024 | finance.yahoo.comQ4 2024 Allegro Microsystems Inc Earnings CallMay 9, 2024 | marketwatch.comAllegro MicroSystems Shares Hit 52-Week Low After 4Q LossMay 9, 2024 | markets.businessinsider.comAllegro MicroSystems Q4 Results Top Estimates; Stock Down 11% On Weak OutlookMay 9, 2024 | finance.yahoo.comWhy Allegro MicroSystems (ALGM) Stock Is Trading Lower TodayMay 9, 2024 | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) Reaches New 12-Month Low at $23.64Allegro MicroSystems (NASDAQ:ALGM) Reaches New 12-Month Low at $23.64May 9, 2024 | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) Updates Q1 2025 Earnings GuidanceAllegro 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.May 9, 2024 | msn.comAllegro MicroSystems beats top-line and bottom-line estimates; initiates Q1 outlookMay 9, 2024 | globenewswire.comAllegro MicroSystems Reports Fourth Quarter and Fiscal Year 2024 ResultsMay 8, 2024 | markets.businessinsider.comWhat Wall Street expects from Allegro Microsystems's earningsMay 8, 2024 | finance.yahoo.comAllegro MicroSystems (ALGM) Reports Q1: Everything You Need To Know Ahead Of EarningsMay 1, 2024 | markets.businessinsider.comBuy Rating Affirmed: Allegro MicroSystems Set for Revenue Growth and Resilient Automotive SalesApril 30, 2024 | finance.yahoo.comGHSP Leverages Allegro MicroSystems’ Technology to Shift the Future of Electric Vehicles with the Introduction of New eVibe SystemApril 30, 2024 | globenewswire.comGHSP Leverages Allegro MicroSystems' Technology to Shift the Future of Electric Vehicles with the Introduction of New eVibe SystemApril 30, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Purchased by State of New Jersey Common Pension Fund DState 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 shApril 26, 2024 | marketbeat.comSouth 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 theApril 25, 2024 | seekingalpha.comAllegro MicroSystems Stock: I Am Still CautiousApril 19, 2024 | finance.yahoo.comAllegro MicroSystems, Inc. (ALGM)April 19, 2024 | marketbeat.comInvestors 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.April 18, 2024 | globenewswire.comAllegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2024 Financial ResultsApril 18, 2024 | marketbeat.comRaymond 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 coApril 17, 2024 | msn.comEvercore ISI Group Initiates Coverage of Allegro MicroSystems (ALGM) with Outperform RecommendationApril 16, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Given Consensus Recommendation of "Moderate Buy" by BrokeragesAllegro 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 ratiApril 16, 2024 | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) Coverage Initiated at Evercore ISIEvercore 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.April 15, 2024 | marketbeat.comHarel 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 sharesApril 13, 2024 | finance.yahoo.comThere's Been No Shortage Of Growth Recently For Allegro MicroSystems' (NASDAQ:ALGM) Returns On CapitalApril 10, 2024 | marketbeat.comAllspring 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 compaApril 4, 2024 | investorplace.com7 Also-Ran Tech Stocks Ready to Steal the SpotlightApril 3, 2024 | globenewswire.comAllegro MicroSystems Appoints Jennie Raubacher to its Board of DirectorsApril 3, 2024 | finance.yahoo.comProcessors and Graphics Chips Stocks Q4 Highlights: Allegro MicroSystems (NASDAQ:ALGM)April 1, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Sold by Redwood Investments LLCRedwood 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 Get Allegro MicroSystems News Delivered to You Automatically Sign up to receive the latest news and ratings for ALGM and its competitors with MarketBeat's FREE daily newsletter. 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This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. ALGM Articles This Week▼95▲ALGM Articles Average Week Get Allegro MicroSystems News Delivered to You Automatically Sign up to receive the latest news and ratings for ALGM and its competitors with MarketBeat's FREE daily newsletter. 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