Sep 25, 2026

Engineers Gate Manager LP significantly reduced its stake in Allegro MicroSystems (ALGM) by 81% in the second quarter, selling nearly 30,000 shares. Despite this, institutional ownership remains strong at 56.45%, with firms like BlackRock and Dimensional Fund Advisors increasing their holdings. Analysts generally maintain a "Moderate Buy" rating for ALGM, with the company also surpassing recent quarterly earnings and revenue expectations.

Sep 20, 2026

Bank of America Corp DE has acquired a new stake in Allegro MicroSystems, Inc. (NASDAQ:ALGM), purchasing 921,728 shares valued at approximately $64.2 million during the second quarter. This acquisition represents about 0.49% of Allegro MicroSystems, a company whose institutional ownership now stands at 56.45%. Despite a recent decline in stock price and several analysts reducing price targets, Allegro MicroSystems beat its quarterly EPS and revenue estimates and maintains a "Moderate Buy" consensus rating among analysts.

Sep 17, 2026

As power electronics advance with GaN and SiC technologies, traditional shunt resistors are becoming less suitable for current sensing due to limitations like heat dissipation, size constraints, and the need for complex supporting circuitry. The article explores how magnetic current sensors, including integrated conductor, coreless, and advanced TMR technologies, offer superior alternatives by providing thermal and galvanic isolation, smaller footprints, and better performance in high-frequency and high-current applications. These magnetic solutions address the hidden costs and complexities associated with shunts, pushing towards a system-level approach for more efficient and robust power designs.

Sep 16, 2026

Allegro MicroSystems (ALGM) has underperformed over the past five years due to its significant exposure to the stagnant automotive sector. However, the company is poised for growth with emerging tailwinds from the expansion of autonomy, AI data centers, and humanoids, which will increase the demand for its chips. The author is bullish on ALGM, setting a price target of $118/share, anticipating mid-teens growth and an increase in operating leverage to 32% margins in the next 3-5 years.