New insider activity at Allegro MicroSystems ( (ALGM) ) has taken place on August 25, 2025.
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Roald Graham Webster, the Vice President and Chief Accounting Officer of Allegro MicroSystems, has recently sold 8,266 shares of the company’s stock. This transaction was valued at $271,124, indicating a significant movement in the executive’s holdings.
Recent Updates on ALGM stock
Allegro MicroSystems has recently experienced notable developments, with analysts adjusting their price targets based on the company’s strong Q1 2026 financial results. The company reported a 22% year-over-year increase in sales, driven by significant growth in the e-Mobility and Industrial sectors. This performance led Mizuho to raise its price target, citing inline June quarter results, while Barclays increased its target due to better-than-expected results driven by industrial growth. Despite facing financial headwinds and mixed signals from the automotive market, Allegro’s strategic initiatives and robust growth in key segments, such as automotive and industrial, have provided a positive outlook. The company’s commitment to innovation, as evidenced by new product releases and strong design win activity, further supports its growth potential. However, challenges such as geopolitical issues in China and higher operating expenses remain areas of concern.
Spark’s Take on ALGM Stock
According to Spark, TipRanks’ AI Analyst, ALGM is a Neutral.
Allegro MicroSystems’ overall stock score is driven by a positive earnings call that highlights strong financial performance and strategic wins, despite financial challenges reflected in declining revenue and profitability. Technical indicators show mixed momentum, and valuation is impacted by a negative P/E ratio.
To see Spark’s full report on ALGM stock, click here.
More about Allegro MicroSystems
YTD Price Performance: 40.86%
Average Trading Volume: 1,938,624
Technical Sentiment Signal: Buy
Current Market Cap: $5.95B