After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
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Stocks Info
ALGM belongs to the Technology sector of the NASDAQ while operating in the Semiconductors industry. The current market capitalization of Allegro Microsystems Inc. is $5.07B. A total of 0.84 million shares were traded on the day, compared to an average of 1.75M shares.
In the most recent transaction, Glover Max R. sold 15,000 shares of ALGM for 31.77 per share on Mar 08 ’24. After the transaction, the SVP of Worldwide Sales now owns 244,625 company shares. In a previous transaction on Nov 17 ’23, Nargolwala Vineet A bought 1,000 shares at 27.84 per share. ALGM shares that President and CEO owns now total 302,161.
Among the insiders who bought shares, Lynch Susan D acquired of 350 shares on Nov 14 ’23 at a per-share price of $27.37. This resulted in the Director holding 16,711 shares of ALGM after the transaction. In another insider transaction, D’Antilio Derek bought 1,488 shares at $33.63 per share on Sep 15 ’23. Company shares held by the SVP, CFO & Treasurer now total 142,899.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ALGM has a high of $53.05 and a low of $24.66.
As of this writing, ALGM has an earnings estimate of $Align Technology, Inc. per share for the current quarter. EPS was calculated based on a consensus of Arcadium Lithium plc estimates, with a high estimate of $Alimera Sciences, Inc. per share and a lower estimate of $ALUM.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $5.88, while its Total Shareholder’s Equity was $735.36M.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 4.86.
