<div id="readability-page-1"><div>                     <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/allegro-microsystems-inc-logo-1200x675.jpg/query-dj0yMDIxMDMyNjE0MTAyMg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="675" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/allegro-microsystems-inc-logo-1200x675.jpg/query-dj0yMDIxMDMyNjE0MTAyMg"/>Allegro MicroSystems, Inc. (NASDAQ:ALGM - Get Free Report) CEO Michael Doogue sold 30,089 shares of the firm's stock in a transaction on Monday, May 11th. The stock was sold at an average price of $47.23, for a total transaction of $1,421,103.47. Following the completion of the transaction, the chief executive officer directly owned 252,797 shares of the company's stock, valued at approximately $11,939,602.31. This represents a 10.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.</p><h2>Allegro MicroSystems Trading Up 0.2%</h2><ul><li>Why These 3 Automotive &amp; Industrial Chip Stocks Just Soared</li></ul><p>NASDAQ ALGM opened at $45.97 on Thursday. The company has a fifty day simple moving average of $37.25 and a two-hundred day simple moving average of $33.27. The stock has a market cap of $8.52 billion, a P/E ratio of -510.72 and a beta of 2.02. Allegro MicroSystems, Inc. has a 12-month low of $22.41 and a 12-month high of $51.40. The company has a current ratio of 3.45, a quick ratio of 2.21 and a debt-to-equity ratio of 0.30. </p><hr/><hr/><p>Allegro MicroSystems (NASDAQ:ALGM - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The business had revenue of $243.19 million during the quarter, compared to analysts' expectations of $235.94 million. Allegro MicroSystems had a negative net margin of 1.67% and a positive return on equity of 6.09%. The business's quarterly revenue was up 26.1% on a year-over-year basis. During the same quarter last year, the company posted $0.06 earnings per share. Allegro MicroSystems has set its Q1 2027 guidance at 0.190-0.230 EPS.  On average, analysts forecast that  Allegro MicroSystems, Inc. will post 0.73 earnings per share for the current year. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops</li></ul><p>ALGM has been the subject of a number of research analyst reports. Jefferies Financial Group  reaffirmed a &#34;buy&#34; rating and issued a $62.00 price target on shares of Allegro MicroSystems in a report on Thursday, May 7th. Morgan Stanley raised shares of Allegro MicroSystems from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and set a $51.00 target price for the company in a report on Friday, February 13th. Needham &amp; Company LLC raised their target price on shares of Allegro MicroSystems from $45.00 to $55.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, May 7th. Evercore  reissued an &#34;outperform&#34; rating and set a $53.00 target price on shares of Allegro MicroSystems in a report on Friday, May 8th. Finally, Mizuho raised their target price on shares of Allegro MicroSystems from $44.00 to $54.00 and gave the stock an &#34;outperform&#34; rating in a report on Friday, May 8th. Ten equities research analysts have rated the stock with a Buy rating, one  has assigned  a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock  has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $51.80.</p><p><b>Get Our Latest Stock Report on ALGM</b></p><h2>Institutional Inflows and Outflows</h2><ul><li>Better Than NVIDIA: Top 2 Semiconductor Stocks to Watch Today</li></ul><p>Several institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC raised its holdings in shares of  Allegro MicroSystems by 42.8% during the first quarter. Parallel Advisors LLC now owns 1,008 shares of the company's stock worth $32,000 after purchasing an additional 302 shares during the last quarter.  PNC Financial Services Group Inc. raised its position in shares of  Allegro MicroSystems by 2.7% in the third quarter. PNC Financial Services Group Inc. now owns 14,713 shares of the company's stock worth $430,000 after acquiring an additional 381 shares during the period.  Hantz Financial Services Inc. raised its position in shares of  Allegro MicroSystems by 86.9% in the third quarter. Hantz Financial Services Inc. now owns 901 shares of the company's stock worth $26,000 after acquiring an additional 419 shares during the period.  Vanguard Personalized Indexing Management LLC raised its position in shares of  Allegro MicroSystems by 3.0% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 14,268 shares of the company's stock worth $376,000 after acquiring an additional 419 shares during the period.  Finally, Advisors Asset Management Inc. raised its position in shares of  Allegro MicroSystems by 2.1% in the third quarter. Advisors Asset Management Inc. now owns 22,499 shares of the company's stock worth $657,000 after acquiring an additional 466 shares during the period. Hedge funds and other institutional investors own  56.45% of the company's stock. </p><h2>Allegro MicroSystems Company Profile</h2><p> (Get Free Report)</p><p>Allegro MicroSystems, Inc (NASDAQ: ALGM) is a leading designer and manufacturer of high-performance power and sensing integrated circuits. The company focuses on semiconductor solutions that enable precise motion control, energy-efficient power management and robust sensing in a wide range of applications. Allegro's product portfolio includes Hall-effect magnetic sensors, current and position sensing ICs, motor driver and controller devices, and power management components.  </p><p>Allegro MicroSystems serves major automotive, industrial and consumer markets worldwide.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Allegro MicroSystems</li><li>Oklo Stock Could Be Ready for Another Massive Run</li><li>D-Wave Earnings Looked Weak, But Investors May Be Missing This</li><li>Nebius Upside Expands as AI Feedback Loop Intensifies</li><li>Insider Trades: Okta and Abbott See Buys, Micron Insiders Sell</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. 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ALGM

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FTXL

<p>Allegro MicroSystems CEO Michael Doogue sold 30,089 shares of the company's stock at an average price of $47.23, totaling $1,421,103.47. This sale reduced his holdings by 10.64%, leaving him with 252,797 shares valued at approximately $11.94 million. The transaction was disclosed in a SEC filing. Allegro's stock has a market cap of $8.52 billion and a P/E ratio of -510.72. Analysts have given the stock a consensus rating of "Moderate Buy" with an average price target of $51.80.</p>

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MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

NVIDIA Corporation

Michael Doogue Sells 30,089 Shares of Allegro MicroSystems (NASDAQ:ALGM) Stock