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Allegro Microsystems

ALGMNASDAQ
Logo brought to you by Benzinga Data
$22.63
0.190.85%
Last update: 3:30 PM
15 minutes delayed

Allegro Microsystems (NASDAQ:ALGM) Stock, Insider Trading Activity

Allegro Microsystems: Insider buying and selling updated today.

What is Insider Activity?

Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.

What are Allegro Microsystems Inc Insiders Doing?

Insiders have report no purchases/sales in the last 30 days.

Notable Recent Insider Buys and Sales

  • On August 9, 2024, Sanken Electric Co Ltd, the company's - sold 10.02M shares for $23.16 each.
  • On July 31, 2024, Sanken Electric Co Ltd, the company's - sold 28.75M shares for $23.16 each.

Ownership Statistics for Allegro Microsystems Inc

Shares Outstanding
183.903M
Insider Shares Owned
4.613M
Insider Percentage Owned
2.51%
Institutional Shares Held
102.176M
Institutional Percentage Held
55.6%
Data brought to you by Benzinga APIs

FAQ

Q

Is insider trading legal?

A
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
Q

What are some examples of market manipulation?

A
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.

Browse insider trades on all stocks.

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