Allegro MicroSystems (ALGM) News Today $22.07 -0.31 (-1.39%) (As of 12/17/2024 ET) 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 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 February 2022 January 2022 Time Period Allegro MicroSystems, Inc. (NASDAQ:ALGM) Stock Position Decreased by Quantinno Capital Management LPQuantinno Capital Management LP cut its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 62.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,575 shares of the company's stock after selliDecember 16 at 3:40 AM | marketbeat.comState Street Corp Purchases 1,615,351 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)State Street Corp grew its position in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 41.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,486,289 shares of the company's stock after acquiring aDecember 15 at 3:52 AM | marketbeat.comTraders Purchase Large Volume of Allegro MicroSystems Call Options (NASDAQ:ALGM)December 14, 2024 | americanbankingnews.comTraders Buy High Volume of Allegro MicroSystems Call Options (NASDAQ:ALGM)Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) was the recipient of some unusual options trading on Friday. Stock traders purchased 5,214 call options on the company. This is an increase of approximately 300% compared to the average volume of 1,305 call options.December 13, 2024 | marketbeat.comWellington Management Group LLP Buys Shares of 3,059,634 Allegro MicroSystems, Inc. (NASDAQ:ALGM)Wellington Management Group LLP purchased a new position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,059,634 shares of the company's sDecember 11, 2024 | marketbeat.comAllegro MicroSystems: Strong Business And Growth PotentialDecember 10, 2024 | seekingalpha.comTwo Sigma Advisers LP Purchases 112,400 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)Two Sigma Advisers LP boosted its holdings in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 21.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 627,000 shares of the company's stock after purchasinDecember 9, 2024 | marketbeat.comPier Capital LLC Buys New Shares in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Pier Capital LLC bought a new stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 322,495 shares of the company's stock, valued at approximately $7,514,000. Pier CapDecember 8, 2024 | marketbeat.comWells Fargo Sticks to Their Buy Rating for Allegro MicroSystems (ALGM)December 6, 2024 | markets.businessinsider.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Purchased by MetLife Investment Management LLCMetLife Investment Management LLC raised its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 111.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,763December 6, 2024 | marketbeat.comPolar Asset Management Partners Inc. Takes $6 Million Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Polar Asset Management Partners Inc. acquired a new stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 257December 5, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Purchased by Holocene Advisors LPHolocene Advisors LP increased its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 152.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,831 shares of the company's stoDecember 5, 2024 | marketbeat.comAtom Investors LP Sells 75,871 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)Atom Investors LP lessened its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 61.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,115 shares of the company's stock afterDecember 4, 2024 | marketbeat.comCharles Schwab Investment Management Inc. Has $31.84 Million Stock Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Charles Schwab Investment Management Inc. raised its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 101.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,366,308 sharesDecember 4, 2024 | marketbeat.comArrowMark Colorado Holdings LLC Acquires 55,301 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)ArrowMark Colorado Holdings LLC lifted its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 28.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 248,561 shares of the company's stock after acquirDecember 3, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Sees Significant Increase in Short InterestAllegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 12,960,000 shares, an increase of 5.3% from the October 31st total of 12,310,000 shares. Approximately 10.6% of the company's stock are sold short. Based on an average daily trading volume, of 2,320,000 shares, the days-to-cover ratio is presently 5.6 days.December 3, 2024 | marketbeat.comPaloma Partners Management Co Takes $11.87 Million Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Paloma Partners Management Co purchased a new stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 509,630 shares of the company's stock, valued at approximately $11,December 2, 2024 | marketbeat.comAllegro Microsystems: Short-Term Headwinds Impact GrowthDecember 1, 2024 | seekingalpha.comFmr LLC Acquires 8,534,089 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)Fmr LLC lifted its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 43.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,253,811 shares of the company's stock after acquiring an additioNovember 29, 2024 | marketbeat.comLoomis Sayles & Co. L P Takes Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Loomis Sayles & Co. L P acquired a new position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 784,111 shares of the company's stock, valued at approximately $18,269,000. Loomis Sayles &November 27, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Given Consensus Recommendation of "Moderate Buy" by BrokeragesAllegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) has been assigned an average rating of "Moderate Buy" from the eleven ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and ten have assigned a buNovember 27, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Bought by Westfield Capital Management Co. LPWestfield Capital Management Co. LP increased its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 54.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,014,481 shares of the company's stock after acquirNovember 25, 2024 | marketbeat.comMassachusetts Financial Services Co. MA Boosts Stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Massachusetts Financial Services Co. MA increased its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 47.6% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,453,004 shares of the company's stock after buying an additionaNovember 25, 2024 | marketbeat.comMutual of America Capital Management LLC Has $1.96 Million Stock Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Mutual of America Capital Management LLC lifted its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 105.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,003 shares of theNovember 25, 2024 | marketbeat.comInsiders Are Buying the Dip in This Semiconductor Stock, Should You?November 24, 2024 | msn.comWells Fargo Initiates Coverage of Allegro MicroSystems (ALGM) with Overweight RecommendationNovember 23, 2024 | msn.comWells Fargo initiates coverage of chip stocks; ON Semiconductor, Arm at OverweightNovember 22, 2024 | msn.comAllegro MicroSystems: Strategic Position in eMobility and Market Leadership Propel Buy RatingNovember 22, 2024 | markets.businessinsider.comAllegro MicroSystems initiated with an Overweight at Wells FargoNovember 22, 2024 | markets.businessinsider.comA Closer Look at 5 Analyst Recommendations For Allegro MicrosystemsNovember 22, 2024 | benzinga.comAllegro MicroSystems (NASDAQ:ALGM) Now Covered by Wells Fargo & CompanyWells Fargo & Company began coverage on Allegro MicroSystems in a research report on Friday. They issued an "overweight" rating and a $23.00 target price on the stock.November 22, 2024 | marketbeat.comAllegro MicroSystems Wins Embedded Computing Design’s Electronica 2024: Best-In-Show AwardNovember 20, 2024 | markets.businessinsider.comAllegro MicroSystems Wins Embedded Computing Design's Electronica 2024: Best-In-Show AwardNovember 20, 2024 | globenewswire.comAllegro MicroSystems exec buys $285K in common stockNovember 20, 2024 | markets.businessinsider.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) SVP Purchases $285,000.00 in StockNovember 20, 2024 | insidertrades.comState of New Jersey Common Pension Fund D Buys Shares of 81,095 Allegro MicroSystems, Inc. (NASDAQ:ALGM)State of New Jersey Common Pension Fund D purchased a new position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 81,095 shares of the coNovember 19, 2024 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Short Interest Up 5.3% in OctoberAllegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 12,310,000 shares, a growth of 5.3% from the October 15th total of 11,690,000 shares. Based on an average trading volume of 2,150,000 shares, the short-interest ratio is currently 5.7 days. Approximately 10.1% of the company's stock are short sold.November 17, 2024 | marketbeat.comAllegro MicroSystems, Cyient expand partnershipNovember 16, 2024 | markets.businessinsider.comAllegro MicroSystems (NASDAQ:ALGM) Reaches New 1-Year Low - Time to Sell?Allegro MicroSystems (NASDAQ:ALGM) Hits New 52-Week Low - Time to Sell?November 15, 2024 | marketbeat.comCyient, Allegro MicroSystems Partner to Drive Innovation in Magnetic Sensors & Power Semiconductors for Automotive IndustryNovember 15, 2024 | prnewswire.comAllegro MicroSystems to Present at Wells Fargo's 8th Annual TMT Summit on December 4, 2024November 15, 2024 | globenewswire.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Bought by Amalgamated BankAmalgamated Bank raised its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 99.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 72,399 shares of the company's stock after purchasing aNovember 13, 2024 | marketbeat.comInvestors Buy High Volume of Allegro MicroSystems Put Options (NASDAQ:ALGM)Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Stock investors bought 10,001 put options on the company. This is an increase of 318% compared to the typical daily volume of 2,390 put options.November 12, 2024 | marketbeat.comAllegro MicroSystems initiated with a Buy at Loop CapitalNovember 12, 2024 | markets.businessinsider.comAllegro MicroSystems (NASDAQ:ALGM) Now Covered by Analysts at Loop CapitalLoop Capital initiated coverage on shares of Allegro MicroSystems in a research note on Tuesday. They issued a "buy" rating and a $30.00 price target for the company.November 12, 2024 | marketbeat.comAllegro MicroSystems Introduces Advanced Magnetic and Inductive Position Sensing Solutions at Electronica 2024November 12, 2024 | globenewswire.comPrincipal Financial Group Inc. Boosts Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Principal Financial Group Inc. lifted its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 14.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,499,760 shares of the company's stock afteNovember 10, 2024 | marketbeat.com‘Load Up,’ Says UBS About These 2 ‘Strong Buy’ StocksNovember 8, 2024 | finance.yahoo.comAllegro MicroSystems initiated with an Equal Weight at Morgan StanleyNovember 8, 2024 | msn.comMorgan Stanley Initiates Coverage of Allegro MicroSystems (ALGM) with Equal-Weight RecommendationNovember 8, 2024 | msn.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 How to piss off your liberal friends… and profit from it (Ad)Elon Musk has just exposed the “energy grift” of America in a recent tweet to his platform, X. And people are slowly starting to wake up to the Deep State’s lies. To get the full details on the fake “energy crisis” of America, watch this now 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▼1.200.67▲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▼66▲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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