After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
The company is listed on the NASDAQ and operates within the Semiconductors industry segment. The current market capitalization of Allegro Microsystems Inc is $4.19B. A total of 1.99 million shares were traded on the day, compared to an average of 2.21M shares.
In the most recent transaction, Doogue Michael bought 15,000 shares of ALGM for 19.00 per share on Nov 18 ’24. After the transaction, the SVP, CTO now owns 246,086 company shares. In a previous transaction on Nov 05 ’24, Nargolwala Vineet A bought 5,000 shares at 19.89 per share. ALGM shares that President and CEO owns now total 356,113.
Among the insiders who sold shares, Sanken Electric Co., Ltd. disposed of 10,017,315 shares on Aug 07 ’24 at a per-share price of $23.16. This resulted in the 10% Owner holding 59,732,782 shares of ALGM after the transaction. In another insider transaction, Sanken Electric Co., Ltd. sold 28,750,000 shares at $23.16 per share on Jul 29 ’24. Company shares held by the 10% Owner now total 69,750,097.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ALGM has a high of $33.26 and a low of $18.59.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ALGM’s latest balance sheet shows that the firm has $282.38M in Cash & Short Term Investments as of fiscal 2022. There were $41.45M in debt and $104.22M in liabilities at the time. Its Book Value Per Share was $5.09, while its Total Shareholder’s Equity was $735.36M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALGM is Buy with a score of 4.90.
