E. Ohman J:or Asset Management 13F: New $2.6M Stake in ALGM

E. Ohman J:or Asset Management opened a brand-new position in Allegro MicroSystems, Inc. (NasdaqGS:ALGM) during the third quarter, acquiring 72,848 shares valued at approximately $2.65 million. The fund disclosed the investment in a Form 13F filed with the Securities and Exchange Commission on October 22, 2026. Because this is a fresh holding, it represents a brand-new bet on the semiconductor maker. Allegro MicroSystems closed at $31.69 on the day of the filing.

ALGM Allegro MicroSystems, Inc.

$31.69 ▲ +17.76% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in E. Ohman J:or Asset Management's Allegro MicroSystems Position

The newly established stake gives E. Ohman J:or Asset Management 72,848 shares of the New Hampshire-based technology company. The reported value of the holding hit $2,648,025 at the time of the disclosure. This addition comes as the fund adjusts several of its major equity positions.

Other Institutional Activity in Allegro MicroSystems

Other large funds have also tweaked their stakes in the chip maker recently. ClearBridge Investments, LLC grew its holdings by 82,476 shares, ending with 2,946,239 shares worth about $93,366,315.

Allegro MicroSystems, Inc. Stock Down 7.8%

Allegro MicroSystems shares recently traded around $31.83 as of October 23, 2026, up about 0.4% from the event close of $31.69. The stock has experienced a wide trading range over the past year, reaching a 52-week low of $22.41 and a 52-week high of $71.77. The recent price sits below its 50-day moving average of $36.11 and its 200-day moving average of $40.79.

Recent Earnings

For its trailing twelve months, Allegro MicroSystems reported $945,934,016 in revenue and earnings per share of $0.06. The company posted a net profit margin of 1.5% and a return on equity of 1.5%. The company's next financial update is scheduled for October 29, 2026.

Insider Buying and Selling at Allegro MicroSystems, Inc.

Company insiders have actively trimmed their holdings over the past several months. Troy Coleman sold 4,500 shares on May 22, 2026, at an average price of $45.72 for a total value of $205,740. Richard Madormo disposed of 5,000 shares on June 3, 2026, at $52.72 per share, totaling $263,600. Erin Hagen parted with 2,285 shares on August 10, 2026, at $44.39 for a value of $101,431. Finally, Jennie Raubacher sold 1,000 shares on August 17, 2026, at $45.32 per share, bringing in $45,320.

Analysts Set New Price Targets

Wall Street research firms have actively adjusted their outlooks on the stock. On July 31, 2026, Mizuho maintained an outperform rating while lowering its price target from $67.00 to $58.00. Benchmark initiated coverage with a buy rating and a $60.00 target on August 13, 2026. RBC Capital started coverage with an outperform rating and a $50.00 target on October 2, 2026. TD Cowen maintained a buy rating on October 19, 2026, while lowering its target from $48.00 to $40.00. Wells Fargo maintained an overweight rating on October 20, 2026, adjusting its target from $56.00 to $45.00. Overall, the stock carries a consensus recommendation of strong buy with a mean price target of $52.62.

About Allegro MicroSystems

Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits and application-specific power ICs. These components handle sensing, motion control, and power management functions for complex electromechanical and power conversion systems. Based in Manchester, New Hampshire, the company serves automotive and industrial markets globally.

Bottom Line

Investors will look closely at Allegro MicroSystems' upcoming earnings report on October 29, 2026, for clues about demand in its semiconductor markets. The recent institutional interest from funds like E. Ohman J:or Asset Management highlights ongoing portfolio shifts as the stock trades well below its 52-week highs.