• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SC 13G/A filed by Allegro MicroSystems Inc.

    11/12/24 9:50:12 AM ET
    $ALGM
    Semiconductors
    Technology
    Get the next $ALGM alert in real time by email
    SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.2 ALLEGRO MICROSYSTEMS INC COMMON STOCK Cusip #01749D105 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #01749D105 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 28,006,722 Item 6: 0 Item 7: 28,253,810 Item 8: 0 Item 9: 28,253,810 Item 11: 14.569% Item 12: HC Cusip #01749D105 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 28,253,810 Item 8: 0 Item 9: 28,253,810 Item 11: 14.569% Item 12: IN Item 1(a). Name of Issuer: ALLEGRO MICROSYSTEMS INC Item 1(b). Address of Issuer's Principal Executive Offices: 955 PERIMETER ROAD MANCHESTER, NH 03103 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 01749D105 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 28,253,810 (b) Percent of Class: 14.569% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 28,253,810 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of ALLEGRO MICROSYSTEMS INC. No one other person's interest in the COMMON STOCK of ALLEGRO MICROSYSTEMS INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. November 8, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC * IA Fidelity Management Trust Company BK Strategic Advisers LLC IA * Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on November 8, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of ALLEGRO MICROSYSTEMS INC at September 30, 2024. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
    Get the next $ALGM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ALGM

    DatePrice TargetRatingAnalyst
    11/22/2024$23.00Overweight
    Wells Fargo
    11/12/2024$30.00Buy
    Loop Capital
    11/7/2024$21.00Equal-Weight
    Morgan Stanley
    9/3/2024$33.00Buy
    UBS
    5/13/2024$37.00Buy
    Jefferies
    5/10/2024$35.00 → $32.00Buy
    TD Cowen
    4/16/2024$36.00Outperform
    Evercore ISI
    2/2/2024$32.00 → $35.00Outperform
    TD Cowen
    More analyst ratings

    $ALGM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2025 Results

      MANCHESTER, N.H., May 08, 2025 (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 fourth quarter and full fiscal year ended March 28, 2025. "During the fourth quarter, we delivered on our commitments with sales of $193 million, up 8% sequentially, and non-GAAP EPS of $0.06," said Mike Doogue, President and CEO of Allegro. "While the environment remains dynamic, we are encouraged by the positive momentum we are seeing across the business and the signals we are seeing from our customers. We are t

      5/8/25 7:00:26 AM ET
      $ALGM
      Semiconductors
      Technology
    • Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2025 Financial Results

      MANCHESTER, N.H., April 17, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ:ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2025 prior to the market open on Thursday, May 8, 2025. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D'Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook. Analysts and investors are invited to join the conference call using the following information: Fourth Quarter and Fiscal Year 2025 Earnings Conference CallDate: Thursday, May 8, 2025Time:

      4/17/25 8:00:00 AM ET
      $ALGM
      Semiconductors
      Technology
    • Allegro Issues Statement

      MANCHESTER, N.H., April 15, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ:ALGM) ("Allegro" or the "Company") today issued the following statement regarding Onsemi's withdrawal of its unsolicited proposal to acquire Allegro: As a general matter, the Board of Directors of Allegro ("the Board") believes that public discourse around speculative transactions is not productive nor in the best interests of our stockholders. However, in light of current market speculation about our engagement with Onsemi, we believe it is important to provide stakeholders additional details about the process undertaken by the Board. As it would with any potentially credible outreach, the Board, in

      4/15/25 9:35:17 PM ET
      $ALGM
      Semiconductors
      Technology

    $ALGM
    Leadership Updates

    Live Leadership Updates

    See more
    • Allegro MicroSystems Appoints Rick Madormo as Senior Vice President of Worldwide Sales

      MANCHESTER, N.H., March 12, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Rick Madormo as Senior Vice President of Worldwide Sales, effective March 24, 2025. Rick will be responsible for leading Allegro's global sales organization and driving revenue growth across automotive and industrial end markets, succeeding Max Glover. Max will transition into an advisory role until his departure on May 16, 2025. "We are thrilled to welcome Rick to Allegro," said Mike Doogue, President and Chief Executive Officer. "His semic

      3/12/25 9:00:42 AM ET
      $ALGM
      Semiconductors
      Technology
    • Allegro MicroSystems Appoints Mike Doogue as President and Chief Executive Officer

      MANCHESTER, N.H., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ:ALGM) a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Mike Doogue as President and Chief Executive Officer and as a member of the Board. Mr. Doogue's ascension to CEO comes after 27 years of rising through the leadership ranks at Allegro, during which time he enabled many of Allegro's disruptive technologies, originally as an engineer and later as a business leader. Immediately prior to this promotion, Mr. Doogue served as Allegro's Executive Vice President and its first Chief Technology Officer

      2/24/25 7:00:56 AM ET
      $ALGM
      Semiconductors
      Technology
    • Allegro MicroSystems Appoints Dr. Krishna Palepu to its Board of Directors

      MANCHESTER, N.H., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. ("Allegro") (NASDAQ:ALGM) a global leader in power and sensing semiconductor solutions for motion control and energy-efficient systems, today announced the appointment of Krishna Palepu, Ross Graham Walker Professor of Business Administration at Harvard Business School, to Allegro's Board of Directors ("Board") as an independent director. Dr. Palepu's appointment was effective on January 31, 2025.  Dr. Palepu brings extensive expertise in strategy, governance, and emerging markets to the Board, as well as experience advising companies in the technology and semiconductor sectors. His academic research focuses on

      2/3/25 7:05:38 AM ET
      $ALGM
      Semiconductors
      Technology

    $ALGM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Wells Fargo initiated coverage on Allegro Microsystems with a new price target

      Wells Fargo initiated coverage of Allegro Microsystems with a rating of Overweight and set a new price target of $23.00

      11/22/24 7:19:32 AM ET
      $ALGM
      Semiconductors
      Technology
    • Loop Capital initiated coverage on Allegro Microsystems with a new price target

      Loop Capital initiated coverage of Allegro Microsystems with a rating of Buy and set a new price target of $30.00

      11/12/24 7:27:00 AM ET
      $ALGM
      Semiconductors
      Technology
    • Morgan Stanley initiated coverage on Allegro Microsystems with a new price target

      Morgan Stanley initiated coverage of Allegro Microsystems with a rating of Equal-Weight and set a new price target of $21.00

      11/7/24 6:19:42 AM ET
      $ALGM
      Semiconductors
      Technology

    $ALGM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Allegro MicroSystems Inc.

      SC 13G/A - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Subject)

      11/12/24 1:21:32 PM ET
      $ALGM
      Semiconductors
      Technology
    • Amendment: SEC Form SC 13G/A filed by Allegro MicroSystems Inc.

      SC 13G/A - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Subject)

      11/12/24 9:50:12 AM ET
      $ALGM
      Semiconductors
      Technology
    • SEC Form SC 13G filed by Allegro MicroSystems Inc.

      SC 13G - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Subject)

      11/4/24 10:55:47 AM ET
      $ALGM
      Semiconductors
      Technology

    $ALGM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New insider Madormo Richard claimed ownership of 29,252 shares (SEC Form 3)

      3 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)

      3/31/25 4:16:05 PM ET
      $ALGM
      Semiconductors
      Technology
    • SVP, GC and Secretary Briansky Sharon was granted 18,834 shares, increasing direct ownership by 19% to 118,139 units (SEC Form 4)

      4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)

      3/3/25 4:16:04 PM ET
      $ALGM
      Semiconductors
      Technology
    • EVP, CFO & Treasurer D'Antilio Derek was granted 20,671 shares, increasing direct ownership by 12% to 188,097 units (SEC Form 4)

      4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)

      3/3/25 4:16:07 PM ET
      $ALGM
      Semiconductors
      Technology

    $ALGM
    SEC Filings

    See more
    • Allegro MicroSystems Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Filer)

      5/8/25 7:03:35 AM ET
      $ALGM
      Semiconductors
      Technology
    • Amendment: SEC Form SCHEDULE 13G/A filed by Allegro MicroSystems Inc.

      SCHEDULE 13G/A - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Subject)

      4/15/25 5:01:18 PM ET
      $ALGM
      Semiconductors
      Technology
    • Allegro MicroSystems Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

      8-K - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Filer)

      3/12/25 9:13:41 AM ET
      $ALGM
      Semiconductors
      Technology

    $ALGM
    Financials

    Live finance-specific insights

    See more
    • Allegro MicroSystems Reports Fourth Quarter and Fiscal Year 2025 Results

      MANCHESTER, N.H., May 08, 2025 (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 fourth quarter and full fiscal year ended March 28, 2025. "During the fourth quarter, we delivered on our commitments with sales of $193 million, up 8% sequentially, and non-GAAP EPS of $0.06," said Mike Doogue, President and CEO of Allegro. "While the environment remains dynamic, we are encouraged by the positive momentum we are seeing across the business and the signals we are seeing from our customers. We are t

      5/8/25 7:00:26 AM ET
      $ALGM
      Semiconductors
      Technology
    • Allegro MicroSystems to Announce Fourth Quarter and Fiscal Year 2025 Financial Results

      MANCHESTER, N.H., April 17, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ:ALGM) today announced it plans to release financial results for its fourth quarter and fiscal year 2025 prior to the market open on Thursday, May 8, 2025. Following the press release, Mike Doogue, President and Chief Executive Officer, and Derek D'Antilio, Executive Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook. Analysts and investors are invited to join the conference call using the following information: Fourth Quarter and Fiscal Year 2025 Earnings Conference CallDate: Thursday, May 8, 2025Time:

      4/17/25 8:00:00 AM ET
      $ALGM
      Semiconductors
      Technology
    • Allegro MicroSystems to Announce Third Quarter Fiscal 2025 Financial Results

      MANCHESTER, N.H., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (NASDAQ:ALGM) today announced it plans to release financial results for its third quarter fiscal 2025 prior to the market open on Thursday, January 30, 2025. Following the press release, Vineet Nargolwala, President and Chief Executive Officer, and Derek D'Antilio, Senior Vice President and Chief Financial Officer, will host a conference call at 8:30 a.m. Eastern Time to discuss the Company's results and business outlook. Analysts and investors are invited to join the conference call using the following information: Third Quarter Fiscal Year 2025 Earnings Conference CallDate: Thursday, January 30, 2025Time: 8:

      1/9/25 8:00:19 AM ET
      $ALGM
      Semiconductors
      Technology

    $ALGM
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SVP, CTO Doogue Michael covered exercise/tax liability with 2,319 shares and bought $285,000 worth of shares (15,000 units at $19.00), decreasing direct ownership by 4% to 62,404 units (SEC Form 4)

      4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)

      11/19/24 4:16:05 PM ET
      $ALGM
      Semiconductors
      Technology
    • President and CEO Nargolwala Vineet A bought $99,446 worth of shares (5,000 units at $19.89), increasing direct ownership by 1% to 356,113 units (SEC Form 4)

      4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)

      11/6/24 4:16:05 PM ET
      $ALGM
      Semiconductors
      Technology
    • Nargolwala Vineet A bought $27,840 worth of shares (1,000 units at $27.84), increasing direct ownership by 0.33% to 302,161 units (SEC Form 4)

      4 - ALLEGRO MICROSYSTEMS, INC. (0000866291) (Issuer)

      11/20/23 8:23:01 AM ET
      $ALGM
      Semiconductors
      Technology