ALLEGRO MICROSYSTEMS, INC.
At today's price, ALLEGRO MICROSYSTEMS, INC. (ALGM) is priced for today's economics sustained for ~29.1 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
The balance sheet carried Allegro through the chip downturn: net debt is modest at about $125 million, under two times mid-cycle operating income, with interest coverage near 3.3 times. The business is recovering hard. Fiscal 2026 revenue rose 23 percent to $890 million, a fifth straight quarter of sequential growth, led by automotive e-Mobility and a record data-center quarter in industrial. The structural problem is the price. Trailing earnings are cycle-depressed, so the price reads against
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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: 2026-06-18 (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); 2026-01-29 (items 2.02, 9.01); 2026-01-21 (items 1.01, 2.03, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.