Allegro MicroSystems, Inc. (ALGM)

Over the past six months, Allegro MicroSystems' stock has experienced significant positive momentum, trending up by 34.92%. In early February 2026, ALGM hit a new 52-week high, trading as high as $40.88, following a strong third-quarter fiscal year 2026 earnings report. Q3 2026 revenue was $229.21 million, beating estimates by 3.6%, and EPS of $0.15 topped consensus estimates of $0.14. Despite the positive performance, some insider selling activity has been observed over the last year.

Demand for Allegro MicroSystems' products is influenced by the cyclical nature of the semiconductor industry. While the calendar fourth quarter would typically be a seasonally slower period, the company reported sequential revenue increases in its Q3 fiscal year 2026. Management anticipates continued growth in industrial markets and ongoing strength in the data center segment. However, seasonal factors such as the Chinese New Year are expected to temper automotive sales in the subsequent quarter.

Allegro MicroSystems, Inc. (ALGM) is a fabless semiconductor company that specializes in sensor integrated circuits (ICs) and application-specific analog power ICs. The company focuses on solutions for motion control and energy-efficient systems, offering magnetic sensor ICs and power ICs. Their products are crucial for emerging technologies in the automotive and industrial sectors, including electric vehicles (EVs) and automation for Industry 4.0.

Allegro MicroSystems has a globally diversified geographic footprint for its sales. In the third fiscal quarter of 2026, China accounted for 30%, the rest of Asia for 27%, Japan for 17%, the Americas for 15%, and Europe for 11% of total sales. The company sells its products through its direct sales force, third-party distributors, independent sales representatives, and consignment.

In the past year, Allegro MicroSystems has maintained a positive brand reputation, driven by its focus on innovation and strategic market positioning. The company has introduced new products and debuted innovative power products at events like Electronica 2024. Strong customer engagement in robotics further highlights its positive standing in advanced industrial markets. The company's commitment to a safer, more sustainable, and autonomous future contributes to a favorable public image.

The ownership structure of Allegro MicroSystems (ALGM) is primarily composed of institutional investors, who hold approximately 38.18% of the company's stock. Major institutional owners include Fmr Llc, Capital Research Global Investors, Vanguard Group Inc., BlackRock, Inc., JPMorgan Chase & Co., Invesco Ltd., and State Street Corp. Sanken Electric Co., Ltd., is noted as the largest single shareholder. Insider selling by key executives has been observed over the last year, contributing to a negative insider sentiment.