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Kodai Capital Management LP bought a new position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 140,402 shares of the company’s stock, valued at approximately $4,250,000. Kodai Capital […]
Artisan Partners Limited Partnership reduced its position in shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM – Free Report) by 4.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,571,200 shares of the company’s stock after selling 76,594 shares during the quarter. Artisan Partners Limited […]
Dublin, May 20, 2024 (GLOBE NEWSWIRE) -- The
Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Free Report) has been given an average recommendation of “Moderate Buy” by the eight ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price […]
The Biden administration announced it has reached a $120 million deal with Polar Semiconductor under the CHIPS Act to help the company double its US production.