Allegro MicroSystems (ALGM) News Today $26.72 -0.30 (-1.11%) As of 03:22 PM Eastern Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock ALGM Latest News 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 May 2025 April 2025 March 2025 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 Time Period Allegro MicroSystems to Present at TD Cowen's 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025May 15 at 8:00 AM | globenewswire.comMeridiem Capital Partners LP Makes New Investment in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Meridiem Capital Partners LP bought a new position in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,150,066 shares of the company's stock, valued at approximately $25,140,000. AlleMay 15 at 7:08 AM | marketbeat.comNeedham Investment Management LLC Boosts Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Needham Investment Management LLC lifted its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 24.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 90,000 shares of the company's stock after acquiring an additional 17,500 sMay 15 at 6:46 AM | marketbeat.comLMR Partners LLP Buys New Shares in Allegro MicroSystems, Inc. (NASDAQ:ALGM)LMR Partners LLP purchased a new stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 150,000 shares of the company's stock, valued at approximaMay 15 at 6:15 AM | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Purchased by Northern Trust CorpNorthern Trust Corp boosted its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 13.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,074,433 shares of the company's stock after buMay 15 at 3:37 AM | marketbeat.comKettle Hill Capital Management LLC Takes $17.99 Million Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Kettle Hill Capital Management LLC acquired a new position in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 823,001 shares of the company's sMay 13 at 7:45 AM | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Sold by Granahan Investment Management LLCGranahan Investment Management LLC reduced its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 28.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 201,817 shares of the company's stock aMay 13 at 6:54 AM | marketbeat.comThe Manufacturers Life Insurance Company Lowers Stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM)The Manufacturers Life Insurance Company lessened its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 95.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 102,281 shares of the company's stock after selling 2,050,May 13 at 4:16 AM | marketbeat.comFrontier Capital Management Co. LLC Purchases New Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Frontier Capital Management Co. LLC acquired a new position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 91,194 shares of the company's stock, valued at approximately $1,994,000. AMay 12 at 5:35 AM | marketbeat.comAllegro MicroSystems (NASDAQ:ALGM) Stock Price Expected to Rise, UBS Group Analyst SaysMay 12 at 2:15 AM | americanbankingnews.comAllegro MicroSystems (ALGM) Gets a Buy from Wells FargoMay 11, 2025 | theglobeandmail.comAllegro MicroSystems (NASDAQ:ALGM) Stock Price Expected to Rise, Barclays Analyst SaysBarclays boosted their price target on Allegro MicroSystems from $22.00 to $23.00 and gave the stock an "overweight" rating in a research report on Friday.May 11, 2025 | marketbeat.comNeedham & Company LLC Cuts Allegro MicroSystems (NASDAQ:ALGM) Price Target to $25.00Needham & Company LLC dropped their price objective on Allegro MicroSystems from $30.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday.May 11, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Sold by Balyasny Asset Management L.P.Balyasny Asset Management L.P. lowered its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 13.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 567,121 sharMay 11, 2025 | marketbeat.comPrice T Rowe Associates Inc. MD Has $1.74 Million Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Price T Rowe Associates Inc. MD grew its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 34.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 79,464 shares of the company's stock after purchasing an additMay 11, 2025 | marketbeat.comAllegro MicroSystems (ALGM) Gets a Buy from BarclaysMay 11, 2025 | theglobeandmail.comAllegro MicroSystems (ALGM) Receives a Buy from Loop Capital MarketsMay 11, 2025 | theglobeandmail.comAllegro MicroSystems (NASDAQ:ALGM) Updates Q1 2026 Earnings GuidanceAllegro MicroSystems (NASDAQ:ALGM) updated its first quarter 2026 earnings guidance. The company provided EPS guidance of 0.060-0.100 for the period, compared to the consensus estimate of 0.080. The company also issued revenue guidance of $192.0 millionillion-$202.0 millionillion, compared to the consensus estimate of $190.8 millionillion.May 10, 2025 | marketbeat.comConcentric Capital Strategies LP Takes $955,000 Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Concentric Capital Strategies LP bought a new position in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 43,703 shares of the company's stock, valued at approximatMay 10, 2025 | marketbeat.comSemiconductor Stocks Rally as Allegro's Q4 Beat Ignites AMD, Nvidia and MarvellMay 9, 2025 | finance.yahoo.comThese Analysts Revise Their Forecasts On Allegro MicroSystems After Q4 ResultsMay 9, 2025 | benzinga.comAllegro MicroSystems, Inc. (ALGM) Q4 2025 Earnings Call TranscriptMay 8, 2025 | seekingalpha.comAllegro MicroSystems stock surges on earnings beat, strong guidanceMay 8, 2025 | au.investing.comAllegro MicroSystems leads chip stocks higher after quarterly resultsMay 8, 2025 | msn.comAllegro MicroSystems (NASDAQ:ALGM) Reports Bullish Q1, Stock SoarsMay 8, 2025 | finance.yahoo.comAllegro MicroSystems 4Q Loss Widens as Sales DeclineMay 8, 2025 | marketwatch.comAllegro MicroSystems Reports Fourth Quarter and Fiscal Year 2025 ResultsMay 8, 2025 | globenewswire.comAlyeska Investment Group L.P. Trims Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Alyeska Investment Group L.P. lowered its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 26.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 425,001 shares of the company'May 8, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Bought by Dimensional Fund Advisors LPDimensional Fund Advisors LP lifted its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 30.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,719,274 shares of the company'May 7, 2025 | marketbeat.comAllegro MicroSystems (ALGM) Expected to Announce Earnings on ThursdayMay 7, 2025 | americanbankingnews.comArrowMark Colorado Holdings LLC Buys 18,688 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)ArrowMark Colorado Holdings LLC lifted its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 7.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 267,249 shares of the company's stock after purchasing an additMay 6, 2025 | marketbeat.comFreestone Grove Partners LP Makes New $8.14 Million Investment in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Freestone Grove Partners LP bought a new stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 372,491 shares of the company's stock, valued at approximately $May 5, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Acquired by Hsbc Holdings PLCHsbc Holdings PLC boosted its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 178.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,893 shares of the company's stock afteMay 5, 2025 | marketbeat.comComerica Bank Boosts Stock Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Comerica Bank raised its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 11.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 649,735 shares of the company's stock after buying an additional 69,104 shares durinMay 4, 2025 | marketbeat.comAllegro MicroSystems (ALGM) Projected to Post Earnings on ThursdayAllegro MicroSystems (NASDAQ:ALGM) will be releasing its Q4 2025 earnings before the market opens on Thursday, May 8. (View Earnings Report at https://www.marketbeat.com/earnings/reports/2025-5-8-allegro-microsystems-inc-stock/)May 3, 2025 | marketbeat.comTower Research Capital LLC TRC Acquires 17,377 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)Tower Research Capital LLC TRC lifted its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 594.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,298 shares of the company's stock after buying an adMay 2, 2025 | marketbeat.comUBS Group Cuts Allegro MicroSystems (NASDAQ:ALGM) Price Target to $22.00UBS Group decreased their price target on Allegro MicroSystems from $30.00 to $22.00 and set a "buy" rating for the company in a report on Tuesday.May 1, 2025 | marketbeat.comSchonfeld Strategic Advisors LLC Acquires New Shares in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Schonfeld Strategic Advisors LLC acquired a new stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,620,888 shares of the company's stock, valued at approxiMay 1, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) is Paloma Partners Management Co's 7th Largest PositionPaloma Partners Management Co increased its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 312.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,103,800 sharMay 1, 2025 | marketbeat.comState of Tennessee Department of Treasury Grows Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)State of Tennessee Department of Treasury boosted its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 94.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 93,365 shares of the company's stock after buying anMay 1, 2025 | marketbeat.comMarshall Wace LLP Purchases New Stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Marshall Wace LLP purchased a new stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 62,737 shares of the company's stock, valued at approximMay 1, 2025 | marketbeat.comBarclays PLC Grows Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Barclays PLC raised its position in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 106.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 156,325 shares of the company's stock after buying an additional 80,705 shares durApril 30, 2025 | marketbeat.comT. Rowe Price Investment Management Inc. Purchases 491,173 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)T. Rowe Price Investment Management Inc. increased its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 31.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,065,879 shares of the company'sApril 29, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Shares Sold by First Trust Advisors LPFirst Trust Advisors LP lessened its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 24.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 798,051 shares of the company's stock after selling 258,637 shares dApril 29, 2025 | marketbeat.comAllegro MicroSystems, Inc. (NASDAQ:ALGM) Given Average Recommendation of "Moderate Buy" by AnalystsShares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) have earned an average recommendation of "Moderate Buy" from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and eight have given a buy ratinApril 28, 2025 | marketbeat.comRussell Investments Group Ltd. Lowers Holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Russell Investments Group Ltd. reduced its stake in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 85.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,599 shaApril 27, 2025 | marketbeat.comAnalog Century Management LP Acquires 291,990 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)Analog Century Management LP boosted its holdings in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 17.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,001,438 shares of the company's stock afApril 26, 2025 | marketbeat.comAdage Capital Partners GP L.L.C. Purchases 911,993 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM)Adage Capital Partners GP L.L.C. grew its holdings in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 50.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,733,560 shares of the company's stock after buying an addiApril 26, 2025 | marketbeat.comWells Fargo & Company MN Trims Stock Position in Allegro MicroSystems, Inc. (NASDAQ:ALGM)Wells Fargo & Company MN cut its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM - Free Report) by 41.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 137,846 shares of the company's stock after selliApril 26, 2025 | marketbeat.comAllegro MicroSystems, Inc. (ALGM): Among Takeover Rumors Hedge Funds Are BuyingApril 24, 2025 | 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 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▼0.850.83▲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▼267▲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. Email Address Related Companies and Tools Related Companies Flex News Today Astera Labs News Today Celestica News Today Leonardo DRS News Today Credo Technology Group News Today Nextracker News Today Universal Display News Today Qorvo News Today Lumentum News Today SiTime News Today Headlines Tools Trending Media MentionsHigh Media Sentiment StocksLive News FeedMarketBeat OriginalsStock Ideas This page (NASDAQ:ALGM) was last updated on 5/15/2025 by MarketBeat.com Staff From Our PartnersMarket Panic: Trump Just Dropped a Bomb on Your Stockstock Market Panic: Trump Just Dropped a Bomb on Your Stocks The market is in freefall—and Trump's new tarif...American Alternative | SponsoredTrump wipes out trillions overnight…Is there anybody more powerful than Donald Trump right now? In a single tariff announcement, he wiped out n...Porter & Company | SponsoredGold Hits New Highs as Global Markets SpiralWhen Trump took office in 2017, gold was just $1,100 an ounce. By the time he left, it had soared to $1,839. ...Premier Gold Co | SponsoredBuffett’s favorite chart just hit 209% – here’s what that means for goldA Historic Gold Announcement Is About to Rock Wall Street For months, sharp-eyed analysts have watched the ...Golden Portfolio | SponsoredWhite House to reset Social Security?Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon b...Altimetry | SponsoredSilver Demand Is Soaring-Supply Can't Keep UpSilver demand hit 1.16 billion ounces in 2024-while supply fell short again for the fourth year in a row. I...i2i Marketing Group, LLC | SponsoredShocking AI play that’s beats Nvidia by a country mileYou’ve seen the headlines about Nvidia. Now Tim Sykes is sounding the alarm — because what CEO Jensen Huang is...Timothy Sykes | SponsoredThe Man I Turn to In Times Like ThisA storm is brewing in the markets: new tariffs, recession warnings, and panic in the headlines. That’s when pu...Stansberry Research | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Allegro MicroSystems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Allegro MicroSystems With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Buy ALGM Stock Free ALGM Stock Alerts