Page 4 - Nasdaq Algm News Today

Oep Capital Advisors L.P. decreased its position in Allegro MicroSystems, Inc. (NASDAQ:ALGM – Free Report) by 22.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,649,247 shares of the company’s stock after selling 4,980,000 shares during the quarter. Allegro MicroSystems comprises 83.1% […]

Oep Capital Advisors L.P. cut its stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM – Free Report) by 22.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,649,247 shares of the company’s stock after selling 4,980,000 shares during the period. Allegro MicroSystems makes up 83.1% of Oep […]

Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $37.86, but opened at $36.81. Allegro MicroSystems shares last traded at $36.62, with a volume of 360,447 shares traded. Analyst Ratings Changes A number of analysts have weighed in on the […]

Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) and Diodes (NASDAQ:DIOD – Get Free Report) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, risk, earnings and institutional ownership. Institutional & Insider Ownership 50.6% of […]

Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Free Report) has been given a consensus rating of “Moderate Buy” by the six analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target […]

Twin Tree Management LP lifted its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM – Free Report) by 1,007.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 570,208 shares of the company’s stock after acquiring an additional 518,707 shares […]

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Needham & Company LLC restated their buy rating on shares of Allegro MicroSystems (NASDAQ:ALGM – Free Report) in a report issued on Wednesday, Benzinga reports. The firm currently has a $50.00 price target on the stock. A number of other brokerages also recently weighed in on ALGM. Wells Fargo & Company increased their price target […]

Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) updated its second quarter earnings guidance on Tuesday. The company provided EPS guidance of $0.35-0.39 for the period, compared to the consensus EPS estimate of $0.36. The company issued revenue guidance of $270-280 million, compared to the consensus revenue estimate of $270.25 million. Allegro MicroSystems also updated its […]

Allegro MicroSystems (NASDAQ:ALGM – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.35-$0.39 for the period, compared to the consensus earnings per share estimate of $0.35. The company issued revenue guidance of $270.00 million-$280.00 million, compared to the consensus […]