We just received data on a new analyst forecast for $ALGM. N. Quinn Bolton from Needham set a price target of 41.0 for ALGM.
To track analyst ratings and price targets for $ALGM, check out Quiver Quantitative's $ALGM forecast page.
Should you buy $ALGM?
Some analysts are better than others. To view the past performance of Needham, check out Quiver’s Analyst Ratings dashboard. You can also see Quiver’s Analyst Buys Strategy, which uses a proprietary method to track the companies being recommended by the top Wall Street analysts.
$ALGM Price Targets
Multiple analysts have issued price targets for $ALGM recently. We have seen 6 analysts offer price targets for $ALGM in the last 6 months, with a median target of $39.5.
Here are some recent targets:
- N. Quinn Bolton from Needham set a target price of $41.0 on 01/30/2026
- Vivek Arya from B of A Securities set a target price of $39.0 on 01/21/2026
- Mark Lipacis from Evercore ISI Group set a target price of $49.0 on 10/31/2025
- Joshua Buchalter from TD Cowen set a target price of $35.0 on 10/31/2025
- Timothy Arcuri from UBS set a target price of $40.0 on 10/31/2025
- Blayne Curtis from Barclays set a target price of $35.0 on 10/31/2025
$ALGM Insider Trading Activity
$ALGM insiders have traded $ALGM stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $ALGM stock by insiders over the last 6 months:
- SHARON BRIANSKY (SVP, GC and Secretary) sold 27,873 shares for an estimated $836,190
- ROALD GRAHAM WEBSTER (VP, Chief Accounting Officer) sold 8,266 shares for an estimated $271,192
- RICHARD R. LURY sold 7,000 shares for an estimated $222,672
- ERIN HAGEN (SVP, CHRO) sold 5,043 shares for an estimated $157,240
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ALGM Revenue
$ALGM had revenues of $214.3M in Q2 2026. This is an increase of 14.36% from the same period in the prior year.
You can track ALGM financials on Quiver Quantitative's ALGM stock page.
$ALGM Hedge Fund Activity
We have seen 142 institutional investors add shares of $ALGM stock to their portfolio, and 157 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP removed 1,475,922 shares (-56.0%) from their portfolio in Q3 2025, for an estimated $43,096,922
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 1,470,160 shares (-62.1%) from their portfolio in Q3 2025, for an estimated $42,928,672
- CITADEL ADVISORS LLC removed 1,187,777 shares (-78.2%) from their portfolio in Q3 2025, for an estimated $34,683,088
- SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC removed 1,154,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $33,696,800
- NEUBERGER BERMAN GROUP LLC removed 994,851 shares (-79.9%) from their portfolio in Q3 2025, for an estimated $29,049,649
- BALYASNY ASSET MANAGEMENT L.P. removed 973,758 shares (-66.1%) from their portfolio in Q3 2025, for an estimated $28,433,733
- INVESCO LTD. removed 942,148 shares (-15.1%) from their portfolio in Q3 2025, for an estimated $27,510,721
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.