Stay updated with breaking news from Nasdaq Algm. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
State of Alaska Department of Revenue cut its holdings in Allegro MicroSystems, Inc. (NASDAQ:ALGM – Free Report) by 0.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 110,130 shares of the company’s stock after selling 888 shares during the period. State […]
Bank of America started coverage on shares of Allegro MicroSystems (NASDAQ:ALGM – Free Report) in a research note released on Friday morning, Marketbeat.com reports. The firm issued a neutral rating and a $36.00 price objective on the stock. Several other brokerages also recently issued reports on ALGM. Wolfe Research started coverage on shares of Allegro […]
Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 4,820,000 shares, a drop of 19.1% from the August 31st total of 5,960,000 shares. Approximately 6.6% of the company’s shares are short sold. Based on an […]
Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Free Report) shares saw strong trading volume on Monday . 430,781 shares were traded during mid-day trading, a decline of 72% from the previous session’s volume of 1,517,278 shares.The stock last traded at $32.23 and had previously closed at $31.90. Analyst Upgrades and Downgrades Several equities analysts have weighed […]
Allegro MicroSystems, Inc. (NASDAQ:ALGM – Get Free Report) has earned a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages […]