Allegro MicroSystems (ALGM) News Today $26.61 -1.00 (-3.62%) Closing price 04:00 PM EasternExtended Trading$26.64 +0.04 (+0.13%) As of 07:02 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends All Sources Trusted Sources MarketBeat Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha TalkMarkets The Street TipRanks The Wall Street Journal Wall Street Zen 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 Most Recent February 2025 January 2025 December 2024 November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 Time Period Principal Financial Group Inc. Reduces Stock Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Principal Financial Group Inc. lessened its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 9.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,271,278 shares of the company's stock after selling 228,482February 21 at 3:53 AM | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Bought by New Mexico Educational Retirement BoardNew Mexico Educational Retirement Board lifted its holdings in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 139.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,881 shares of tFebruary 19 at 4:02 AM | marketbeat.comAllegro MicroSystems to Present at Morgan Stanley's Technology, Media & Telecom Conference on March 4, 2025February 18 at 8:00 AM | globenewswire.comIs Allegro MicroSystems (ALGM) the Best Lidar Stock to Buy According to Hedge Funds?February 16, 2025 | msn.comYousif Capital Management LLC Sells 10,570 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)Yousif Capital Management LLC lessened its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 18.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,648 sharesFebruary 15, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Sold by State of Alaska Department of RevenueState of Alaska Department of Revenue trimmed its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 49.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 61,011 shares of the coFebruary 13, 2025 | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) Shares Up 4.8% - Here's WhyAllegro MicroSystems (NASDAQ:ALGM) Stock Price Up 4.8% - Here's WhyFebruary 11, 2025 | marketbeat.comLightrock Netherlands B.V. Invests $4.47 Million in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Lightrock Netherlands B.V. acquired a new stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 203,433 shares of the company's stock, valued atFebruary 11, 2025 | marketbeat.comRetirement Systems of Alabama Decreases Stock Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Retirement Systems of Alabama lowered its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 13.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 199,834 shares of the coFebruary 11, 2025 | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) Stock Price Down 4.6% - What's Next?Allegro MicroSystems (NASDAQ:ALGM) Shares Down 4.6% - What's Next?February 10, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Receives Average Recommendation of "Moderate Buy" from AnalystsShares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) have been given an average recommendation of "Moderate Buy" by the ten research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and nine have assigneFebruary 10, 2025 | marketbeat.comWhy Allegro Microsystems (ALGM) Is Skyrocketing So Far In 2025?February 7, 2025 | msn.comAllegro Microsystems' SWOT analysis: magnetic sensor maker faces headwindsFebruary 4, 2025 | msn.comEvercore ISI Remains a Buy on Allegro MicroSystems (ALGM)February 4, 2025 | markets.businessinsider.comMorgan Stanley Sticks to Their Hold Rating for Allegro MicroSystems (ALGM)February 4, 2025 | markets.businessinsider.comAllegro MicroSystems (NASDAQ:ALGM) Trading Down 5.1% - Should You Sell?Allegro MicroSystems (NASDAQ:ALGM) Shares Down 5.1% - Here's What HappenedFebruary 3, 2025 | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) Price Target Raised to $23.00Morgan Stanley raised their target price on shares of Allegro MicroSystems from $21.00 to $23.00 and gave the stock an "equal weight" rating in a report on Monday.February 3, 2025 | marketbeat.comAllegro MicroSystems Appoints Dr. Krishna Palepu to its Board of DirectorsFebruary 3, 2025 | globenewswire.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Stake Raised by KBC Group NVKBC Group NV lifted its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 522.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,335 shares of the company's stock after purchasing an additFebruary 3, 2025 | marketbeat.comWells Fargo Remains a Buy on Allegro MicroSystems (ALGM)February 2, 2025 | markets.businessinsider.comShort Interest in Allegro MicroSystems, Inc. (NASDAQ:ALGM) Decreases By 8.9%Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 10,380,000 shares, a decline of 8.9% from the December 31st total of 11,400,000 shares. Based on an average trading volume of 1,960,000 shares, the days-to-cover ratio is presently 5.3 days. Approximately 8.5% of the shares of the stock are short sold.February 1, 2025 | marketbeat.comBarclays Sticks to Their Buy Rating for Allegro MicroSystems (ALGM)January 31, 2025 | markets.businessinsider.comAllegro MicroSystems, Inc. Reports Mixed Earnings CallJanuary 31, 2025 | tipranks.comAllegro MicroSystems price target raised to $28 from $25 at TD CowenJanuary 31, 2025 | markets.businessinsider.comAllegro MicroSystems (ALGM) Gets a Buy from Loop Capital MarketsJanuary 31, 2025 | markets.businessinsider.comAllegro MicroSystems' (ALGM) Buy Rating Reaffirmed at Needham & Company LLCNeedham & Company LLC reaffirmed a "buy" rating and issued a $30.00 target price on shares of Allegro MicroSystems in a report on Friday.January 31, 2025 | marketbeat.comAllegro MicroSystems sees Q4 revenue $180M-$190M, consensus $184.33MJanuary 31, 2025 | markets.businessinsider.comAllegro MicroSystems: Positioned for Growth with Strong Performance and Emerging Market OpportunitiesJanuary 31, 2025 | markets.businessinsider.comMizuho Securities Sticks to Its Buy Rating for Allegro MicroSystems (ALGM)January 30, 2025 | markets.businessinsider.comPositive Outlook for Allegro MicroSystems: Buy Rating Backed by Strong Demand and Strategic Inventory ManagementJanuary 30, 2025 | markets.businessinsider.comAllegro MicroSystems, Inc. (ALGM) Q3 2025 Earnings Call TranscriptJanuary 30, 2025 | seekingalpha.comAllegro MicroSystems Reports Third Quarter 2025 ResultsJanuary 30, 2025 | markets.businessinsider.comAllegro MicroSystems’s (NASDAQ:ALGM) Q4 Sales Top Estimates But Stock DropsJanuary 30, 2025 | finance.yahoo.comAllegro MicroSystems (NASDAQ:ALGM) Shares Gap Down Following Weak EarningsAllegro MicroSystems (NASDAQ:ALGM) Shares Gap Down Following Weak EarningsJanuary 30, 2025 | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) Issues Q4 2025 Earnings GuidanceAllegro MicroSystems (NASDAQ:ALGM) updated its fourth quarter 2025 earnings guidance. The company provided EPS guidance of 0.030-0.070 for the period, compared to the consensus estimate of 0.080. The company also issued revenue guidance of $180.0 millionillion-$190.0 millionillion, compared to the consensus estimate of $184.3 millionillion.January 30, 2025 | marketbeat.comAllegro MicroSystems, Inc. 2025 Q3 - Results - Earnings Call PresentationJanuary 30, 2025 | seekingalpha.comAllegro MicroSystems (ALGM) Reports Earnings Tomorrow: What To ExpectJanuary 29, 2025 | msn.comAllegro MicroSystems Sees Unusually High Options Volume (NASDAQ:ALGM)Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) saw some unusual options trading activity on Thursday. Traders bought 27,014 put options on the stock. This is an increase of 2,235% compared to the typical daily volume of 1,157 put options.January 23, 2025 | marketbeat.comAllegro MicroSystems (ALGM) Projected to Post Quarterly Earnings on ThursdayAllegro MicroSystems (NASDAQ:ALGM) will be releasing earnings before the market opens on Thursday, January 30, Financial Modeling Prep reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=655526)January 23, 2025 | marketbeat.comProcessors and Graphics Chips Stocks Q3 Results: Benchmarking Allegro MicroSystems (NASDAQ:ALGM)January 22, 2025 | finance.yahoo.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Short Interest Down 8.9% in DecemberAllegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totalling 10,380,000 shares, a decrease of 8.9% from the December 15th total of 11,400,000 shares. Based on an average daily volume of 1,960,000 shares, the short-interest ratio is presently 5.3 days. Currently, 8.5% of the shares of the company are short sold.January 18, 2025 | marketbeat.comAllegro MicroSystems price target raised to $30 from $25 at BarclaysJanuary 18, 2025 | markets.businessinsider.comBarclays Remains a Buy on Allegro MicroSystems (ALGM)January 18, 2025 | markets.businessinsider.comAllegro MicroSystems (NASDAQ:ALGM) Given New $30.00 Price Target at BarclaysBarclays upped their target price on shares of Allegro MicroSystems from $25.00 to $30.00 and gave the stock an "overweight" rating in a research note on Friday.January 17, 2025 | marketbeat.comOak Thistle LLC Acquires New Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Oak Thistle LLC bought a new position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 29,688 shares of the company's stock, valued at approximately $649,000. Other institutionalJanuary 16, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Given Consensus Rating of "Moderate Buy" by AnalystsAllegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eleven research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and ten have issued a buy recommendatioJanuary 16, 2025 | marketbeat.comAllegro MicroSystems Redefines Sensing with New Current Sensor ICs in Compact PackagesJanuary 15, 2025 | msn.comWells Fargo Sticks to Its Buy Rating for Allegro MicroSystems (ALGM)January 13, 2025 | markets.businessinsider.comWells Fargo & Company Forecasts Strong Price Appreciation for Allegro MicroSystems (NASDAQ:ALGM) StockWells Fargo & Company lifted their price target on Allegro MicroSystems from $23.00 to $27.00 and gave the stock an "overweight" rating in a research note on Monday.January 13, 2025 | marketbeat.comBarclays PLC Acquires 35,417 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)Barclays PLC boosted its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 88.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,620 shares of the company's stock afterJanuary 12, 2025 | marketbeat.com 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. Email Address ALGM Media Mentions By Week ALGM Media Sentiment Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. ALGM News Sentiment▼1.270.64▲Average Computer and Technology News Sentiment ALGM News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. 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▼56▲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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