Allegro MicroSystems, Inc.
In the published model solve dated 2026-Q2, anchored at $36.05, Allegro MicroSystems, Inc. (ALGM) is priced for today's economics sustained for ~29.1 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• Allegro sells magnetic sensor and power integrated circuits into vehicle electrification and driver assistance, and its latest annual report now names ⟦AI data centers, robotics, and energy infrastructure⟧ as the advanced industrial markets it is chasing, which is where the past year's growth actually came from. • The distance between what the business earns and what the price assumes is the whole story: operating margin ran 1.6% over the trailing year against 8.1% through a full cycle, and to
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306 institutional managers reported holding ALGM in 13F filings for the quarter ended 2026-03-31. Together they hold about 70% of the company; the top 10 hold 49%. 59 opened new positions that quarter. Held by FMR (Fidelity), Vanguard Group, BlackRock, among others. On the short side, 13.4M shares were sold short as of the 2026-06-15 count, about 7% of shares outstanding (6.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ALGM has cut its share count 2.3% over the past five years, spending $853.92M on repurchases. It pays no dividend. Cash returned over the past three years: $853.92M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at ALGM over the trailing three years: 2023: 4 buys totaling $281k; 2024: 3 buys totaling $384k. 20 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
ALGM's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-02-02 | +15.3% | +9.6% |
| 2023-08-05 | -1.4% | -27.3% |
| 2023-11-07 | +1.3% | +3.6% |
| 2024-02-07 | +10.5% | -9.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
ALGM's latest 8-K filings: 2026-08-07 (items 5.07, 9.01); 2026-07-30 (items 2.02, 9.01); 2026-06-18 (items 5.02, 7.01, 9.01); 2026-05-13 (items 5.02, 7.01, 9.01); 2026-05-07 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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