Allegro MicroSystems, Inc (ALGM)

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About Allegro MicroSystems, Inc

Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor ICs and application-specific analog power ICs for motion control and energy-efficient systems in automotive and industrial markets. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; Power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components for LiDAR applications. The company sells its products to OEMs and suppliers primarily in the automotive and industrial markets through its direct sales force, distributors, and independent sales representatives. It operates in the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Address: 955 Perimeter Road, Manchester, NH, United States, 03103-3353

Allegro MicroSystems, Inc News and around…

Latest news about Allegro MicroSystems, Inc (ALGM) common stock and company :

Allegro MicroSystems Announces Changes to its Board of Directors
10 Nov, 2021 Yahoo! Finance

Election of Susan Lynch to Replace Christine KingMANCHESTER, N.H., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, today announced the appointment of Susan Lynch to Allegro’s Board of Directors and its Audit Committee, replacing Christine King, who is leaving the board. Both of these changes are effective immediately. “Christine King has brought a wealth of knowledge and has provided expert guidance to suppo

Allegro Microsystems Shows Market Leadership With Jump To 81 RS Rating
10 Nov, 2021 FinancialContent

Allegro Microsystems sees its Relative Strength Rating enter the 80-plus level.

UPDATE 1-Poland's Allegro Q3 profit tops estimates on online shopping boom
09 Nov, 2021 Yahoo! Finance

Poland's e-commerce platform Allegro said on Tuesday it swung to a net profit in the third quarter, beating analysts' forecasts, as consumers continued to shop online despite the easing of pandemic-related restrictions. The company, whose website has been attracting about 21 million visitors a month, reported a net profit of 324.4 million zlotys ($81.58 million), from a loss of 132 million zlotys a year ago, and above analysts' forecast of 263 million zlotys. Allegro, which has become the go-to marketplace in Poland and is enjoying a boom in online sales accelerated by the pandemic, has been investing in logistics and fintech to gain a competitive edge and create new revenue streams.

Poland's Allegro buys Czech online retailer Mall for $1 billion
05 Nov, 2021 Yahoo! Finance

Allegro announced late on Thursday that it would acquire the e-commerce assets of Mall Group and the logistics assets of WE|DO from Jakub Havrlant's Rockaway Capital investment group, PPF Group and Daniel Kretinsky and Patrik Tkac's EC Investments. Allegro's shares, which have fallen more than 40% this year amid competition jitters in its home market, were up 11% at 1234 GMT.

Notable Allegro Microsystems Insider Makes $7.1M Sale
03 Nov, 2021 Yahoo! Finance

Thomas C. Teebagy, Jr., SVP Operations And Quality at Allegro Microsystems (NASDAQ:ALGM), made a large insider sell on November 1, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Jr. sold 225,799 shares of Allegro Microsystems at prices ranging from $30.47 to $33.26. The total transaction amounted to $7,071,545. Following the transaction, Jr. still owns 100,198 shares of Allegro Microsystems worth $3,109,143. Al

Bears are Losing Control Over Allegro MicroSystems, Inc. (ALGM), Here's Why It's a 'Buy' Now
03 Nov, 2021 Yahoo! Finance

Allegro MicroSystems, Inc. (ALGM) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

New Allegro LED Drivers Bring High-End Lighting Technology to Mainstream Vehicles, Enhancing Automotive Safety
03 Nov, 2021 Yahoo! Finance

Innovative ICs can be used standalone or integrated into ADAS solutions Allegro's A80803/4 Bring High-End Lighting to Mainstream Vehicles Expanding its automotive lighting portfolio, Allegro's A80803/4 help designers reduce the number of ICs required to create safety-enhanced automotive lighting systems, enabling higher performance and more compact designs at lower system cost. Manchester, NH, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leade

Allegro MicroSystems Named to Inc.’s First-Annual Best-Led Companies List
02 Nov, 2021 Yahoo! Finance

Leading semiconductor company recognized for excellence in first-ever list of mid-sized companiesManchester, NH, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in sensing and power solutions for motion control and energy-efficient systems, has been named to Inc.’s first annual Best-Led Companies list—a select, data-driven list of the very strongest U.S. firms with revenue of $50 million to $2 billion. An exciting 12-point measure of manag

64 Biggest Movers From Yesterday
02 Nov, 2021 FinancialContent

Gainers ABVC BioPharma, Inc. (NASDAQ: ABVC) shares climbed 137.4% to close at $6.03 on Monday on abnormally-high volume. The stock ...

IBD Screen Of The Day: 3 Undiscovered Gems Mutual Funds Are Buying
01 Nov, 2021 FinancialContent

Discover three promising hot stocks that debuted within the past two years and are being snapped up by mutual funds.

12 Information Technology Stocks Moving In Monday's Intraday Session
01 Nov, 2021 FinancialContent

Gainers Comtech Telecom (NASDAQ:CMTL) shares rose 21.14% to $26.13 during Monday's regular session. As of 12:30 EST, ...

40 Stocks Moving In Monday's Mid-Day Session
01 Nov, 2021 FinancialContent

Gainers ABVC BioPharma, Inc. (NASDAQ: ABVC) shares jumped 250% to $8.91 on abnormally-high volume. The stock is seeing increased ...

Allegro MicroSystems, Inc. Announces Secondary Offering of Common Stock
01 Nov, 2021 Yahoo! Finance

MANCHESTER, N.H., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) (“Allegro”), a global leader in sensing and power semiconductor technology, announced today a secondary offering of 7,000,000 shares of its common stock by OEP SKNA, L.P., an affiliate of One Equity Partners (the “Selling Stockholder”). The offering consists entirely of secondary shares of common stock to be sold by the Selling Stockholder and Allegro will not receive any proceeds from the sale of such

A Closer Look At Allegro MicroSystems, Inc.'s (NASDAQ:ALGM) Uninspiring ROE
01 Nov, 2021 Yahoo! Finance

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

When To Sell Stocks: This Simple Strategy Could Be Best Sell Rule For Growth Stocks
29 Oct, 2021 FinancialContent

Only a few exceptional stocks within your stable of winners deserve to get held for the long pull.

Top IPO Stock Allegro MicroSystems Beats Quarterly Goals But Sales Outlook Misses
28 Oct, 2021 Yahoo! Finance

Chipmaker Allegro MicroSystems on Thursday beat Wall Street's targets for its fiscal second quarter. ALGM stock rose on the news.

Allegro MicroSystems, Inc. (ALGM) Q2 2022 Earnings Call Transcript
28 Oct, 2021 FinancialContent

ALGM earnings call for the period ending September 30, 2021.

CORRECTING and REPLACING - Allegro MicroSystems Reports Second Quarter of Fiscal Year 2022 Results
28 Oct, 2021 Yahoo! Finance

Company Achieves Record Quarterly Revenue and ProfitabilityMANCHESTER, N.H., Oct. 28, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Allegro MicroSystems, Inc. (Nasdaq:ALGM), please note that the line item for Unrealized gains on marketable securities was not displayed in the Cash Flows from Operating Activities table, while the totaled line item for Net cash provided by operating activities was and is correct. The corrected release follows: Allegro MicroSy

Allegro MicroSystems, Inc. (ALGM) Q2 Earnings and Revenues Surpass Estimates
28 Oct, 2021 Yahoo! Finance

Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 11.11% and 2.98%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Top IPO Stock Allegro MicroSystems Beats September-Quarter Goals
28 Oct, 2021 FinancialContent

Chipmaker Allegro MicroSystems on Thursday beat Wall Street's targets for its fiscal second quarter. ALGM stock rose in early trading.

Allegro MicroSystems Reports Second Quarter of Fiscal Year 2022 Results
28 Oct, 2021 Yahoo! Finance

Company Achieves Record Quarterly Revenue and ProfitabilityMANCHESTER, N.H., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its second quarter of fiscal year 2022 that ended September 24, 2021. The Company’s net sales increased 3% sequentially and 42% over the same period of the prior year to

Allegro Unveils 3-Phase Gate Driver For EV and Hybrid Cars
26 Oct, 2021 Yahoo! Finance

New device keeps batteries and HVAC systems running quiet and cool Allegro's A89307 Keeps EVs Quiet and Cool Allegro's new 3-phase gate driver, A89307, helps reduce noise and improve battery life for EV and hybrid cooling systems - offering more miles per charge and lowering vehicle carbon footprints. Manchester, NH, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in power and sensing solutions for motion control and energy efficient syste

Analysts Estimate Allegro MicroSystems, Inc. (ALGM) to Report a Decline in Earnings: What to Look Out for
21 Oct, 2021 Yahoo! Finance

Allegro MicroSystems, Inc. (ALGM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Allegro Microsystems Meets 80-Plus Relative Strength Rating Benchmark
15 Oct, 2021 FinancialContent

Allegro Microsystems sees its Relative Strength Rating enter the 80-plus level.

Allegro MicroSystems, Inc. to Announce Second Quarter Fiscal Year 2022 Financial Results on Thursday, October 28, 2021
14 Oct, 2021 Yahoo! Finance

MANCHESTER, N.H., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the second quarter fiscal year 2022 prior to the market opening on Thursday, October 28, 2021. Following the press release, the Company will host a conference call at 8:30AM Eastern time the same day. Ravi Vig, President and Chief Executive Officer, and Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer, will disc

Allegro MicroSystems Moves Up In Market Cap Rank, Passing Ralph Lauren
11 Oct, 2021 FinancialContent

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Allegro MicroSystems Inc (ALGM) was identified as having a larger market cap than the smaller end of the S&P 500, for example Ralph Lauren Corp (RL), according to The Online Investor. Click here to find out the top S&P 500 components ordered by average analyst rating » Market capitalization is an important data point for investors to keep an eye on, for various reasons..

Analysts Forecast 11% Gains Ahead For The Holdings of ONEV
29 Sep, 2021 FinancialContent

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR— Russell 1000 Low Volatility Focus ETF (ONEV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $115.70 per unit.

12 Information Technology Stocks Moving In Friday's Pre-Market Session
03 Sep, 2021 FinancialContent

Gainers PagerDuty (NYSE:PD) shares increased by 16.02% to $51.4 during Friday's pre-market session. The ...

Notable Wednesday Option Activity: DIS, ALGM, GPMT
18 Aug, 2021 FinancialContent

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Walt Disney Co. (DIS), where a total of 86,321 contracts have traded so far, representing approximately 8.6 million underlying shares..

How The Pieces Add Up: IGM Targets $461
18 Aug, 2021 FinancialContent

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Expanded Tech Sector ETF (IGM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $460.62 per unit.

Allegro MicroSystems, Inc (ALGM) is a NASDAQ Common Stock listed in , ,

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